Lucille Roberts' Franchises for Sale
Another name has thrown its hat into the ring of the already overcrowded 'women's only' fitness market. Lucille Roberts Fitness for Women has announced its intention to sell franchises to "qualified applicants". With over 30 years experience building a network of corporate owned physical fitness facilities, management believes it has a "successful business model for franchise operators" to expand the brand nationally.
While offering single site and multiple site franchise packages, Lucille Roberts is also offering "conversions for already existing health centers".
In addition, the Real Estate Development Department will research population density and assist in choosing a location that will prove to be successful. PR Web
Franchised sites will require 6500 to 8000 sq. ft. of space. Capital costs will likely vary depending on location with build out costs being the great unknown. However, with intial fees and "other factors", Lucille Roberts says help with "An estimate of the cost-of-opening will be available before a lease is signed." (after the franchise contract is signed)
Lucille Roberts has a 30 year history with over 45 corporate owned sites to draw historical data. With all these years and corporate information to draw on and using the additional costs a franchisee will incur in the purchase and build out of a site, should Lucille Roberts show how long it would have taken its own sites (especially its newer ones) to become profitable (and by how much) for potential franchisees to get a truer picture of this "proven, and successful business model"?