Jabz Franchising Franchise
To buy a franchise with Jabz Franchising, you'll need to have at least $90000 in liquid capital and a minimum net worth of $200000.
Franchisor Details
Total Units: 18
Year Founded: 2012
Franchising Since: 2013
Home Office: Scottsdale, AZ
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $90,000
Net Worth Required: $200,000
Total Investment: $99,245 – $198,880
Franchise Fee: N/A
Royalty Type: -
Vetern Discount: -
*Jabz Franchising is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin, Wyoming
Values & History
Founders Len Hayko, Jr. and Kimberlee White created the first boxing studio dedicated to women in Scottsdale, AZ in 2012. Both Len, an entrepreneur, and Kimberlee, a special education teacher, recognized the four necessary ingredients for such a venture: great workouts, great instructors, great music, and a great environment. The two have been perfecting their concept ever since, opening the Jabz business concept and model to franchisement in 2013, with 18 total units in operation.
Industry Performance
Franchising since 2013, JabUS gym industry revenue increased to $32.3 billion in 2018, up from $30 billion in 2017, resulting in a 7.8% growth margin. The US health club industry serves 71.5 million consumers, with the number of health club facilities up 2.8% annually over the last three years. One gym membership is worth an average of $517 to a facility each year. Between 2008 and 2018 membership in US fitness clubs has grown by 37.1%. The US is the single biggest market worldwide in terms of revenue and number of members.
Training & Support
Franchisees take part in an intensive training program devised specifically with the intent to guide owners through the entire process of putting together and running a Jabz branded location. A team of well-rounded and experienced individuals is dedicated to supporting owners in all aspects of business management, from selecting a site for your studio to build out and pre-opening sales. Access to comprehensive manuals for training and operations are included, and Jabz provides monthly digital marketing advertising content along with workout and fitness challenge materials to all owners.
Ideal Candidate & Qualifications
Ideal candidates for a Jabz franchise are passionate about achieving financial success and independence while helping others reach for a healthier lifestyle. Owners will need a high level of energy required to manage and grow a business in the fitness market and having a blast while doing it. Jabz looks for candidates who wish to stay involved in their local communities while taking a hands-on approach to business management. As a Jabz franchisee, you'll be a leader in women's fitness.
Purchasing a Jabz Franchising Franchise
$90k in liquid capital and a net worth of at least $200k is needed to become a Jabz franchise owner. Total investment potential ranges from $99,245 to $198,880, with financing available through a third-party for qualified owners.
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