
What to Expect
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Introductory Call
Let’s get to know each other to determine if P.volve is the right fit for you.
Schedule a Call -
Qualification Form
Once complete we will review together and discuss next steps.
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Review the FDD
You’ll receive our Franchise Disclosure Document, and we’ll go over it together.
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Unit Economics
Discuss the business and financial model in greater detail.
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Territory Review
Analyze territory, site scores, site selection area, and customer data.
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Meet the Team
Meet our Team and visit our Chicago Studio.
Day 1: P.volve workout & dinner hosted by P.volve’s President
Day 2: Meetings with P.volve’s Franchise and Leadership Team
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Franchise Agreement
We’ll enter into a mutual franchise agreement and start the celebration!
FAQs
What are the financial qualifications for becoming a P.volve franchisee?
To become the owner of P.volve studio, you’ll need a minimum of $250,000 in liquid capital and a minimum net worth of $750,000. This requirement will increase for multi-unit franchisees. The initial franchise fee is $45,000 per unit with an estimated initial investment between $423,950 – $707,000 per unit.
Learn more about financial qualifications and franchise fees on this pageDo I need a background in the fitness industry?
Not necessarily! We think a passion for health and wellness is essential to P.volve ownership, but you can acquire that without having worked in the fitness industry.
Learn more about the qualities we look for in a franchisee hereDoes P.volve offer franchise training?
Absolutely. Our comprehensive franchisee training system is composed of virtual and in-person learning. Get your notebook ready, we have a classroom component complete with homework! After a rigorous two weeks of hands-on courses, you’ll feel confident in your ability to run your new studio.
How long does it take to open a studio?
Once you sign your franchise agreement, we anticipate building your studio should take somewhere between 6 and 8 months. This can vary depending on outside factors.
Can I purchase multiple studios?
Yes, it’s possible for a qualified franchisee to enter an agreement to build multiple locations over an agreed upon amount of time. The financial qualifications for multi-unit franchise ownership will differ from single unit agreements.
Can I be a passive owner?
Our ideal franchisee wants to be hands-on at their studio, but we understand that not every owner has the bandwidth to do this. If you’re the kind of franchisee who needs a passive ownership model, your Studio Manager and other key hires will be vital to the infrastructure of your business. We can’t guarantee that you will be approved for passive ownership as this is awarded on a conditional basis. We recommend discussing the details with our franchise development team to get a better idea of what it takes to be a passive owner.
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