Augment offers wellness services including ice baths, saunas, cryotherapy, and more. The franchise provides state-of-the-art treatments designed to enhance physical and mental health in a relaxing, modern environment.
Key Insights
- Augment emerged when founders recognized significant opportunities to transform traditional service delivery methods within their market, developing innovative approaches that addressed specific customer pain points and established new standards for quality and reliability in the industry.
- Operational efficiency streamlines processes and reduces costs while maintaining the quality and attention to detail that builds reputation and customer satisfaction, utilizing technology and proven methods to maximize value while ensuring consistent service delivery.
- Consumer education and awareness drive increasing demand for higher quality and more specialized service options, benefiting businesses that can demonstrate expertise, reliability, and value while building trust through consistent performance and professional service delivery.
Franchise Fee and Costs to Open
Exploring the financial picture of Augment gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $263,300 - $957,000, along with a franchise fee of $5,000 - $39,000.
Financial Performance and Revenue
Training and Resources
Augment provides comprehensive initial training for new franchisees. This program, lasting two weeks, is conducted at Augment's corporate headquarters. Augment offers extensive resources, including operational manuals and marketing materials. Augment recommends ongoing support through regular check-ins and access to a dedicated franchise support team.
Legal Considerations
Legal considerations for a Augment franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees entering the fitness sector with an Augment-like model may encounter local market saturation, requiring a clear differentiation strategy. Operational execution, from class scheduling to instructor management, demands consistent attention. Furthermore, securing specialized equipment or proprietary training materials could introduce supply chain dependencies, necessitating proactive vendor relationships and contingency planning to ensure seamless service delivery.
Franchise Datasheet
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