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General

Industry

Fitness

Category

Boutique Fitness

SBA Identifier

S3494

Year of Founding

2017

Fees

Marketing Fee

0

Royalty Fee

7%

Franchise Fee

$34,000-$34,000

Investment Range

$431K-$871K

Location units

Total U.S. Locations

2

U.S. Franchised Units

0

U.S. Corporate Units

2

Headquarters (City)

Baton Rouge

Other

Item 19 - Franchise Financials

No

Financing Availability

yes

Started Offering Franchises

2018

Issuance of FDD Data

07/01/2019

What to know about Regymen Fitness franchise?

The franchisee will operate a boutique health and fitness studio ("Studio") offering specialized and proprietary workout programs under the name REGYMEN FITNESS. REGYMEN also offers to qualified franchisee prospects Area Development rights to develop multiple REGYMEN Studios and/or Area Representative Agreements that allow for the sale of REGYMEN franchised studios to be owned and operated by other franchisee within an agreed territory.

Regymen Fitness is based in Baton Rouge, LA. Scroll down to learn more!

How much does a Regymen Fitness franchise cost?

Are you wondering how much is a Regymen Fitness franchise? Before starting a Regymen Fitness franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Regymen Fitness franchise is $431,000 and can go all the way up to $870,500. Keep in mind, you should also allocate additional funds to live off of while the Regymen Fitness business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Regymen Fitness franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Regymen Fitness business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Regymen Fitness franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare Regymen Fitness. Hotels to the Boutique Fitness, Outdoor Fitness industry.

Additional Details

How much does a Regymen Fitness franchise owner make?

Regymen Fitness franchise earnings and revenue can vary significantly from one franchisee to another.
The Regymen Fitness franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Regymen Fitness unfortunately does not disclose financials on how much Regymen Fitness franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Regymen Fitness does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Regymen Fitness franchisees. Do note that Regymen Fitness is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Regymen Fitness franchisees to understand how much money they are making from their Regymen Fitness business.

You should also speak to former Regymen Fitness franchisees to understand why they left the system. Did they sell their Regymen Fitness at a profit? Were they forced to close their Regymen Fitness franchise down because it kept losing money?

What is the Regymen Fitness franchise fee?

Owning a Regymen Fitness franchise requires 7% royalty fee and 0% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Regymen Fitness Franchise Disclosure Document

Keep in mind, there is also an initial Regymen Fitness franchise fee of $34,000 that is included in the initial investment amount of $431,000 to $870,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Regymen Fitness franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Regymen Fitness franchise fee of $34,000.

Visit the Regymen Fitness metrics tab to explore the financials for this business, royalty and marketing fees compare to other Fitness franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Regymen Fitness founded?

Regymen Fitness started offering franchises in 2018. Regymen Fitness was founded 5 years ago in 2017.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Regymen Fitness locations are in the U.S.?

As of 2019, there were 0 locations across the U.S. There are also 2 corporate locations. Most Fitness franchises like Regymen Fitness have more franchised locations than corporate locations.

How many Regymen Fitness franchises opened over the past few years?

Over the prior 3 years we have data for, Regymen Fitness has opened 0 outlets throughout the U.S. Visit the Regymen Fitness metrics tab to explore how the openings compare to other Fitness franchises.

How many Regymen Fitness franchises closed over the past few years?

Over the prior 3 years we have data for, Regymen Fitness has closed 0 outlets throughout the U.S

Visit the Regymen Fitness metrics tab to explore how the openings compare to other Fitness franchises.

Is Regymen Fitness growing? Are they opening more locations than they are closing?

The net unit growth rate for Regymen Fitness over the past 3 years is 0%. Over the last year we have data for, Regymen Fitness had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Regymen Fitness growth rate compares to 2,000+ other franchises and Industry franchises like Regymen Fitness. More info in the Regymen Fitness metrics tab.

Is Regymen Fitness franchise eligible for an SBA Loan?

Regymen Fitness is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Regymen Fitness franchise was assigned the SBA Franchise ID of S3494 on 09/10/2018. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Regymen Fitness that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Regymen Fitness a franchise in the United States?

According to the SBA, Regymen Fitness meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Regymen Fitness provides you with an FDD if you are in discussion to buy a Regymen Fitness.

What is the Regymen Fitness Franchise for Sale Rate?

The Regymen Fitness systemwide health and franchisee satisfaction can be measured by the Regymen Fitnessfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Regymen Fitness franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Regymen Fitness had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Regymen Fitness franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Regymen Fitness. More info in the Regymen Fitness metrics tab.

What is the Regymen Fitness Franchise Failure Rate?

Regymen Fitness franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Regymen Fitness failure rate over the past 3 years is 0%. Over the last year we have data for, Regymen Fitness had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Regymen Fitness franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Regymen Fitness. More info in the Regymen Fitness metrics tab.

How can I find out more details on Regymen Fitness franchise?

Visit the Regymen Fitness metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Regymen Fitness

$650,750

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Regymen Fitness

7%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Regymen Fitness

$34,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2019)

General

Industry

Fitness

Category

Boutique Fitness

SBA Identifier

S3494

Year of Founding

2017

Fees

Marketing Fee

0

Royalty Fee

7%

Franchise Fee

$34,000-$34,000

Investment Range

$431K-$871K

Location units

Total U.S. Locations

2

U.S. Franchised Units

0

U.S. Corporate Units

2

Headquarters (City)

Baton Rouge

Other

Item 19 - Franchise Financials

No

Financing Availability

yes

Started Offering Franchises

2018

Issuance of FDD Data

07/01/2019

Detailed Franchise metrics for Regymen Fitness

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Regymen Fitness below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Regymen Fitness

$34,000

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2019)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Regymen Fitness

NA

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Regymen Fitness

NA

0%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

4225 Perkins Road

State headquarters

Louisiana

Key leadership

Regymen Fitness

Phone

+1 (000) 0********00

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City

Baton Rouge

Zip code

70808
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