P.volve

Health & Fitness Fitness Centers & Gyms

Franchise Summary

Description

P.volve is a fitness franchise founded by Rachel Katzman that emphasizes functional movement and low-impact workouts to enhance overall body performance and prevent injury. It offers a variety of classes using specialized equipment, promotes a holistic approach to fitness including nutrition and mental well-being, and is accessible to all fitness levels.

Corporate Structure

P.volve is a Delaware limited liability company that was organized on October 10, 2019. P.volve’s principal office is located at 730 W. Randolph Street, Chicago, Illinois 60661. To the extent that we have designated agents for service of process in other states, they are listed in Exhibit D. We conduct business under the name p.volve. We began offering P.volve franchises in December 2020. We have never offered any other franchises in any other line of business. We do not conduct any other business activities other than selling and supporting p.volve franchises. We do not have any predecessors.

Investment and Franchisee Fees

The total investment necessary to begin operation of a new Studio ranges from $414,950 to $707,000. This includes $43,960 to $52,960 that must be paid to the franchisor or its affiliates. If you enter into a Development Agreement, the total investment necessary to begin operation of one new Studio and to have the right to develop between a total of three and five Studios ranges from $484,700 to $819,500. This includes $111,460 to $187,960 that must be paid to the franchisor or its affiliates.

Earnings Transparency

1 /10

This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?

There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

FAQ

How much investment do I need to start my own P.volve business?

Franchisees typically require at least $384 to $862 investment to get their P.volve business started

What are the initial franchise fees for P.volve?

Franchisees typically need to pay at least $100 in fees directly to P.volve in order to earn the right to launch their business

How much money can I make with a P.volve franchise? What are the average revenues for a typical P.volve business?

We haven’t done the math on how much revenue a typical P.volve brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $544,621 revenue, so we would expect P.volve to generate a similar amount

How long do I need to commit to running a P.volve unit? What is my contractual commitment?

The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

3 /10

The Franchisor's investment costs ranges from $358,900 to $986,000 which is Much Higher than the $0 to $0 average in the Fitness Centers & Gyms industry

What determines the investment cost?

Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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