DivaDance offers adult dance classes primarily for women aged 24-40, promoting fitness and fun through movement. The franchise provides a welcoming space for dance enthusiasts of all ages.
Key Insights
- Divadance was founded on core principles that quality service should be both accessible and reliable for all customers, establishing operational frameworks that ensure consistent delivery while maintaining flexibility to adapt to individual needs and preferences.
- Technology integration improves accuracy, efficiency, and communication while preserving the personal attention and customized service that clients value, balancing automation with human expertise to enhance service quality and customer experience.
- 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 Divadance 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 $81,300 - $262,950, along with a franchise fee of $36,000 - $130,000.
Financial Performance and Revenue
Yearly gross sales of $108,131 and estimated earnings of $15,139 - $19,464 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 10.4-12.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Divadance provides comprehensive initial training for all new franchisees. This extensive program, lasting two weeks, is conducted at Divadance's headquarters. The franchisor offers ongoing operational support and access to marketing resources to aid in establishing a successful studio. Divadance recommends utilizing their established brand guidelines.
Legal Considerations
Legal considerations for a Divadance 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
Operating a fitness franchise like DivaDance involves navigating local market competition from established studios and boutique offerings. Franchisees will consider managing diverse operational aspects, from class scheduling and staff management to marketing and facility upkeep. Reliance on specific supply chains for branded merchandise and potentially specialized equipment also requires attention to ensure consistent availability and quality for members.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Divadance franchise?
How can I estimate the profitability and return on investment (ROI) of a Divadance franchise?
What is the franchisee fee for a Divadance franchise?
How to open a Divadance franchise?
How many locations does Divadance have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
