Burn Boot Camp Franchise Prices, Charges, Revenues, Earnings (2023 Evaluate)

On this unique Franchise Chatter FDD Speak put up, you’ll study the next:

Part I – Estimated preliminary funding (franchise prices) for a Burn Boot Camp franchise, based mostly on Merchandise 7 of the corporate’s 2022 FDD

Part II – Preliminary franchise price, royalty price, and advertising and marketing price for a Burn Boot Camp franchise, based mostly on Gadgets 5 and 6 of the corporate’s 2022 FDD

Part III – Variety of franchised and company-owned Burn Boot Camp retailers initially of the yr and the top of the yr for 2019, 2020, and 2021, based mostly on Merchandise 20 of the corporate’s 2022 FDD

Part IV – Information updates on the Burn Boot Camp franchise alternative

Part V – Presentation and evaluation of Burn Boot Camp’s monetary efficiency representations (common revenues and/or earnings), based mostly on Merchandise 19 of the corporate’s 2022 FDD, together with data on the:

• 2021 common, median, highest, and lowest gross revenues and variety of members for the highest 10%, center 80%, backside 10%, and all 164 franchised Burn Boot Camp retailers open greater than 3 years as of December 31, 2021 (“Mature Retailers”)

• 2021 common, median, highest, and lowest gross revenues and variety of members for the highest 10%, center 80%, backside 10%, and all 61 franchised Burn Boot Camp retailers open a minimum of 2 years, however lower than 3 years, as of December 31, 2021 (“2-Yr Retailers”)

• 2021 common, median, highest, and lowest gross revenues and variety of members for the highest 10%, center 80%, backside 10%, and all 41 franchised Burn Boot Camp retailers open a minimum of 1 yr, however lower than 2 years, as of December 31, 2021 (“1-Yr Retailers”)

• 2021 common, median, highest, and lowest gross revenues and variety of members for the highest 10%, center 80%, backside 10%, and all 266 franchised Burn Boot Camp retailers open a minimum of 1 yr as of December 31, 2021 (“All Retailers”)

Part VI – Key ratios, comparables, computations, and analyses for the Burn Boot Camp franchise alternative (unique content material for Platinum subscribers)

Part I – Burn Boot Camp Franchise Prices

• Preliminary Franchise Price:  $50,000
• Know-how Techniques:  $8,650 to $26,400
• Know-how Charges (pre-opening and 3-month interval after opening):  $2,450 to $3,650
• Train and Security Tools, Furnishings, and Fixtures:  $24,199 to $35,621
• Actual Property (safety deposit and three months’ hire):  $22,500 to $48,000
• Use Permits:  $0 to $31,900
• Leasehold Enhancements:  $25,000 to $175,000
• Utilities:  $1,350 to $2,926
• Exterior Signage:  $9,321 to $20,293
• Preliminary Stock Package deal:  $2,650 to $8,000
• Working Provides:  $3,978 to $5,393
• Grand Opening Advertising and marketing (pre-opening and 3-month interval after opening):  $20,000
• Staffing (3-month interval after opening):  $16,000 to $22,906
• Insurance coverage (3 months’ premium):  $450 to $900
• Journey, Lodging, and Meals for Preliminary Franchisee Training Program:  $1,450 to $4,000
• Enterprise Licenses, Certifications, and Different Skilled Charges:  $500 to $1,785
• Extra Funds (3 months):  $10,000 to $30,000
• Whole Estimated Burn Boot Camp Franchise Prices:  $198,498 to $486,774

Part II – Burn Boot Camp’s Preliminary Franchise Price, Royalty Price, and Advertising and marketing Price

• Preliminary Franchise Price:  $50,000
• Royalty Price:  6% of Gross Revenues
• System Model Price:  2% of Gross Revenues (could enhance as much as 3%)

Part III – Variety of Franchised and Firm-Owned Burn Boot Camp Retailers

Franchised

2019

• Retailers on the Begin of the Yr:  174
• Retailers on the Finish of the Yr:  234
• Web Change:  +60

2020

• Retailers on the Begin of the Yr:  234
• Retailers on the Finish of the Yr:  273
• Web Change:  +39

2021

• Retailers on the Begin of the Yr:  273
• Retailers on the Finish of the Yr:  293
• Web Change:  +20

Firm-Owned

2019

• Retailers on the Begin of the Yr:  5
• Retailers on the Finish of the Yr:  4
• Web Change:  -1

2020

• Retailers on the Begin of the Yr:  4
• Retailers on the Finish of the Yr:  4
• Web Change:  0

2021

• Retailers on the Begin of the Yr:  4
• Retailers on the Finish of the Yr:  6
• Web Change:  +2

Part IV – Information Updates on the Burn Boot Camp Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Earnings) for the Burn Boot Camp Franchise (Merchandise 19, 2022 FDD)

• This monetary efficiency illustration (“FPR”) consists of 2021 Gross Revenues information and membership information for the 266 franchised Burn Boot Camp companies described beneath.

• Every Burn Boot Camp enterprise is known as an “outlet”. Burn Boot Camp has solely offered information for retailers that have been open the complete 2021 calendar yr.

• Burn Boot Camp has individually offered information for the next 3 classes of retailers based mostly on size of operation:

• Retailers open a minimum of 1 yr, however lower than 2 years, as of December 31, 2021 (“1-Yr Retailers”);
• Retailers open a minimum of 2 years, however lower than 3 years, as of December 31, 2021 (“2-Yr Retailers”); and
• Retailers open greater than 3 years as of December 31, 2021 (“Mature Retailers”).

• Inside every of the three classes described above, Burn Boot Camp has damaged down the info between:

• The highest 10% of retailers (based mostly on whole annual Gross Revenues);
• The center 80% of retailers (based mostly on whole annual Gross Revenues); and
• The underside 10% of retailers (based mostly on whole annual Gross Revenues).

• Inside every subset, Burn Boot Camp has disclosed the best, lowest, median, and common Gross Revenues, in addition to the quantity and share of retailers inside every subset attaining or exceeding the acknowledged common Gross Revenues.

• Burn Boot Camp has solely included information for franchised retailers. Thus, it has excluded information from any outlet that was owned by an affiliate at any level throughout 2021 (together with any franchised outlet reacquired by an affiliate, and any affiliate-owned outlet bought to a franchisee, at any level throughout 2021).

• There have been a complete of 4 retailers owned by Burn Boot Camp’s associates throughout 2021, all of which have been excluded from this FPR.

• As a result of the relevant outlet was not open the complete 2021 calendar yr, Burn Boot Camp has additionally excluded information from any franchised outlet that: (i) opened throughout 2021; (ii) closed throughout 2021 (together with because of termination, non-renewal, or closure for different causes); or (iii) each opened and closed throughout 2021.

Half 1 – 2021 Statistics for Franchised Retailers

• The desk beneath summarizes statistical information regarding all franchised retailers that have been open at any level throughout 2021, together with retailers included within the FPR and retailers excluded from the FPR.

• Variety of Retailers Open as of January 1, 2021:  273
• Variety of Retailers Open as of December 31, 2021:  293
• Variety of Retailers Opened in 2021 (Excluded):  27
• Variety of Retailers Closed in 2021 (Excluded):  7
• Variety of Retailers Opened and Closed in 2021 (Excluded):  0
• Variety of Retailers Included:  266

Half 2 – 2021 Annual Gross Revenues

• The next desk presents the 2021 annual Gross Revenues information for the 266 franchised retailers described above.

A.  Mature Retailers

High 10%

• Variety of Retailers:  16
• Highest Gross Revenues:  $1,024,115
• Lowest Gross Revenues:  $689,481
• Median Gross Revenues:  $787,649
• Common Gross Revenues:  $818,033
• Quantity and Proportion Reaching Common:  1 of 16 (6.3%)

Center 80%

• Variety of Retailers:  131
• Highest Gross Revenues:  $686,226
• Lowest Gross Revenues:  $229,832
• Median Gross Revenues:  $413,592
• Common Gross Revenues:  $429,143
• Quantity and Proportion Reaching Common:  62 of 131 (47.3%)

Backside 10%

• Variety of Retailers:  16
• Highest Gross Revenues:  $229,540
• Lowest Gross Revenues:  $57,081
• Median Gross Revenues:  $195,912
• Common Gross Revenues:  $188,872
• Quantity and Proportion Reaching Common:  9 of 16 (56.3%)

All in Subset

• Variety of Retailers:  164
• Highest Gross Revenues:  $1,024,115
• Lowest Gross Revenues:  $57,081
• Median Gross Revenues:  $412,102
• Common Gross Revenues:  $441,374
• Quantity and Proportion Reaching Common:  72 of 164 (43.9%)

B.  2-Yr Retailers

High 10%

• Variety of Retailers:  6
• Highest Gross Revenues:  $1,000,638
• Lowest Gross Revenues:  $698,164
• Median Gross Revenues:  $764,194
• Common Gross Revenues:  $793,312
• Quantity and Proportion Reaching Common:  1 of 6 (16.7%)

Center 80%

• Variety of Retailers:  49
• Highest Gross Revenues:  $671,477
• Lowest Gross Revenues:  $218,931
• Median Gross Revenues:  $380,956
• Common Gross Revenues:  $404,017
• Quantity and Proportion Reaching Common:  21 of 49 (42.9%)

Backside 10%

• Variety of Retailers:  7
• Highest Gross Revenues:  $215,371
• Lowest Gross Revenues:  $173,163
• Median Gross Revenues:  $201,856
• Common Gross Revenues:  $196,816
• Quantity and Proportion Reaching Common:  4 of seven (57.1%)

All in Subset

• Variety of Retailers:  61
• Highest Gross Revenues:  $1,000,638
• Lowest Gross Revenues:  $173,163
• Median Gross Revenues:  $380,956
• Common Gross Revenues:  $421,928
• Quantity and Proportion Reaching Common:  25 of 61 (41.0%)

C.  1-Yr Retailers

High 10%

• Variety of Retailers:  4
• Highest Gross Revenues:  $702,451
• Lowest Gross Revenues:  $523,535
• Median Gross Revenues:  $633,169
• Common Gross Revenues:  $623,081
• Quantity and Proportion Reaching Common:  2 of 4 (50.0%)

Center 80%

• Variety of Retailers:  33
• Highest Gross Revenues:  $520,971
• Lowest Gross Revenues:  $184,359
• Median Gross Revenues:  $309,345
• Common Gross Revenues:  $339,132
• Quantity and Proportion Reaching Common:  14 of 33 (42.4%)

Backside 10%

• Variety of Retailers:  4
• Highest Gross Revenues:  $180,131
• Lowest Gross Revenues:  $66,408
• Median Gross Revenues:  $137,841
• Common Gross Revenues:  $130,555
• Quantity and Proportion Reaching Common:  2 of 4 (50.0%)

All in Subset

• Variety of Retailers:  41
• Highest Gross Revenues:  $702,451
• Lowest Gross Revenues:  $66,408
• Median Gross Revenues:  $309,345
• Common Gross Revenues:  $346,485
• Quantity and Proportion Reaching Common:  18 of 41 (43.9%)

D.  All Retailers

High 10%

• Variety of Retailers:  27
• Highest Gross Revenues:  $1,024,115
• Lowest Gross Revenues:  $665,737
• Median Gross Revenues:  $762,756
• Common Gross Revenues:  $786,942
• Quantity and Proportion Reaching Common:  9 of 27 (33.3%)

Center 80%

• Variety of Retailers:  215
• Highest Gross Revenues:  $663,765
• Lowest Gross Revenues:  $211,405
• Median Gross Revenues:  $391,545
• Common Gross Revenues:  $404,787
• Quantity and Proportion Reaching Common:  100 of 215 (46.5%)

Backside 10%

• Variety of Retailers:  27
• Highest Gross Revenues:  $208,905
• Lowest Gross Revenues:  $57,081
• Median Gross Revenues:  $179,939
• Common Gross Revenues:  $168,842
• Quantity and Proportion Reaching Common:  16 of 27 (59.3%)

All Retailers

• Variety of Retailers:  266
• Highest Gross Revenues:  $1,024,115
• Lowest Gross Revenues:  $57,081
• Median Gross Revenues:  $395,364
• Common Gross Revenues:  $422,289
• Quantity and Proportion Reaching Common:  114 of 266 (42.9%)

• For functions of this FPR, “Gross Revenues” means the gross quantity, in cash or different types of consideration, earned or obtained from any supply associated to, or in reference to, the operation of the Enterprise, whether or not on or off the Enterprise premises.

• This consists of all membership-related charges (corresponding to initiation charges, termination charges, enrollment charges, processing charges, paid-in-full dues, renewal charges; month-to-month, semi-annual, or yearly dues; and all revenues generated and derived throughout any presale of memberships).

• Gross Income additionally consists of the honest market worth for any service or product obtained in barter or alternate for the companies or merchandise provided by the Enterprise and all insurance coverage proceeds that the Enterprise receives for the lack of the enterprise resulting from a casualty to or related occasion on the Enterprise.

• Gross Revenues excludes solely gratuities paid by members to workers of the Enterprise, service charges for bank card transactions, gross sales tax receipts that the Enterprise should by legislation acquire or pay, and any member refunds of earlier funds truly made, and sure charitable donations particularly licensed within the Manuals.

• In making the above FPR, Burn Boot Camp relied upon Gross Revenues figures generated by the point-of-sale and laptop methods utilized by its franchisees. Neither Burn Boot Camp nor any impartial licensed public accountant has independently audited or verified the data.

• The FPR doesn’t replicate the working prices and bills that you’ll incur in working your Enterprise, corresponding to royalties, expertise charges, system model charges, native advertising and marketing bills, hire, payroll, insurance coverage, utilities, stock replenishment, and many others.

• Because of the COVID-19 pandemic, sure of the retailers whose information has been offered remained topic to ongoing COVID-19-related restrictions (corresponding to masks mandates, restricted hours of operation, and occupancy restrictions to make sure correct social distancing).

• The Gross Revenues figures are based mostly on the historic outcomes from the Burn Boot Camp retailers described above.

Half 3 – 2021 Membership Information

• The next desk presents the membership information for the 266 franchised retailers described above as of December 31, 2021. An individual is included as a member as long as such individual has bought any bundle besides a promotional bundle.

A.  Mature Retailers

High 10%

• Variety of Retailers:  17
• Highest Variety of Members:  586
• Lowest Variety of Members:  415
• Median Variety of Members:  449
• Common Variety of Members:  471
• Quantity and Proportion Reaching Common:  8 of 17 (47.1%)

Center 80%

• Variety of Retailers:  130
• Highest Variety of Members:  408
• Lowest Variety of Members:  151
• Median Variety of Members:  262
• Common Variety of Members:  266
• Quantity and Proportion Reaching Common:  63 of 130 (48.5%)

Backside 10%

• Variety of Retailers:  17
• Highest Variety of Members:  150
• Lowest Variety of Members:  77
• Median Variety of Members:  123
• Common Variety of Members:  118
• Quantity and Proportion Reaching Common:  9 of 17 (52.9%)

All in Subset

• Variety of Retailers:  164
• Highest Variety of Members:  586
• Lowest Variety of Members:  77
• Median Variety of Members:  263
• Common Variety of Members:  273
• Quantity and Proportion Reaching Common:  77 of 164 (47%)

B.  2-Yr Retailers

High 10%

• Variety of Retailers:  6
• Highest Variety of Members:  539
• Lowest Variety of Members:  409
• Median Variety of Members:  444
• Common Variety of Members:  460
• Quantity and Proportion Reaching Common:  2 of 6 (33.3%)

Center 80%

• Variety of Retailers:  49
• Highest Variety of Members:  408
• Lowest Variety of Members:  155
• Median Variety of Members:  241
• Common Variety of Members:  251
• Quantity and Proportion Reaching Common:  19 of 49 (38.8%)

Backside 10%

• Variety of Retailers:  6
• Highest Variety of Members:  137
• Lowest Variety of Members:  73
• Median Variety of Members:  115
• Common Variety of Members:  111
• Quantity and Proportion Reaching Common:  4 of 6 (66.7%)

All in Subset

• Variety of Retailers:  61
• Highest Variety of Members:  539
• Lowest Variety of Members:  73
• Median Variety of Members:  241
• Common Variety of Members:  258
• Quantity and Proportion Reaching Common:  23 of 61 (37.7%)

C.  1-Yr Retailers

High 10%

• Variety of Retailers:  4
• Highest Variety of Members:  434
• Lowest Variety of Members:  347
• Median Variety of Members:  371
• Common Variety of Members:  381
• Quantity and Proportion Reaching Common:  1 of 4 (25%)

Center 80%

• Variety of Retailers:  33
• Highest Variety of Members:  306
• Lowest Variety of Members:  123
• Median Variety of Members:  211
• Common Variety of Members:  214
• Quantity and Proportion Reaching Common:  15 of 33 (45.5%)

Backside 10%

• Variety of Retailers:  4
• Highest Variety of Members:  109
• Lowest Variety of Members:  45
• Median Variety of Members:  94
• Common Variety of Members:  85
• Quantity and Proportion Reaching Common:  2 of 4 (50%)

All in Subset

• Variety of Retailers:  41
• Highest Variety of Members:  434
• Lowest Variety of Members:  45
• Median Variety of Members:  211
• Common Variety of Members:  217
• Quantity and Proportion Reaching Common:  19 of 41 (46.3%)

D.  All Retailers

High 10%

• Variety of Retailers:  27
• Highest Variety of Members:  586
• Lowest Variety of Members:  408
• Median Variety of Members:  443
• Common Variety of Members:  461
• Quantity and Proportion Reaching Common:  10 of 27 (37%)

Center 80%

• Variety of Retailers:  212
• Highest Variety of Members:  401
• Lowest Variety of Members:  141
• Median Variety of Members:  244
• Common Variety of Members:  255
• Quantity and Proportion Reaching Common:  96 of 212 (46%)

Backside 10%

• Variety of Retailers:  27
• Highest Variety of Members:  139
• Lowest Variety of Members:  45
• Median Variety of Members:  116
• Common Variety of Members:  109
• Quantity and Proportion Reaching Common:  15 of 27 (56%)

All Retailers

• Variety of Retailers:  266
• Highest Variety of Members:  586
• Lowest Variety of Members:  45
• Median Variety of Members:  244
• Common Variety of Members:  261
• Quantity and Proportion Reaching Common:  118 of 266 (45%)

• Because of the COVID-19 pandemic, sure of the retailers whose information has been offered remained topic to ongoing COVID-19-related restrictions (corresponding to masks mandates, restricted hours of operation and occupancy restrictions to make sure correct social distancing).

• Some retailers have earned this quantity. Your particular person outcomes could differ. There isn’t a assurance you’ll earn as a lot.

Part VI – Burn Boot Camp Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️