Full Psycle offers franchises for indoor cycling studios that combine cycling routines with upper body strength training. The franchise operates under a unique fitness system designed for full-body workouts.
Key Insights
- Full Psycle grew from a fundamental commitment to solving real problems that affected both customers and service providers, developing systematic approaches that improve efficiency, enhance quality, and create positive outcomes for all stakeholders involved in the business relationship.
- Nutrition guidance complements fitness programs to support comprehensive health and wellness objectives, providing members with education, resources, and personalized recommendations that enhance workout results and promote overall well-being and healthy lifestyle choices.
- The market demonstrates consistent growth driven by demographic changes, evolving consumer expectations, and increased awareness of service quality, creating opportunities for businesses that can adapt to changing needs while maintaining high standards of professional service delivery and customer satisfaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Full Psycle 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 $337,660 - $1,124,000, along with a franchise fee of $100,000 - $600,000.
Financial Performance and Revenue
Training and Resources
Full Psycle provides comprehensive training for new franchisees. This initial training, lasting two weeks, is conducted at Full Psycle's headquarters. The franchisor offers a robust support system, including operational guides and marketing resources. Full Psycle recommends leveraging these tools for a smooth launch and ongoing success.
Legal Considerations
Legal considerations for a Full Psycle 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 may navigate a dynamic local market with existing fitness studios. Operational complexity involves managing instructor schedules, class bookings, and equipment maintenance consistently. Reliance on specific supply chains for studio equipment and branded apparel requires careful planning and vendor relationships. Understanding these elements is part of establishing a successful location.
Franchise Datasheet
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