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Pure Barre franchise financing options
Compare costs, fees and where to get financing for a Pure Barre.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Pure Barre franchise may result in higher or lower fees.
Franchise feesPure Barre franchise fees total around $60,000, which is more than the $37,000 average for the 200 largest franchises.
|Initial franchise fee||$60,000 to $60,000|
|Estimated total||$60,000 to $60,000|
Equipment feesEquipment fees total $60,500 for Pure Barre. This is less than the $180,023 average for the top 200 franchises.
|Signage and graphics||$15,000 to $20,000|
|Specialty and other exercise equipment||$3,000 to $7,000|
|Furniture, fixtures and related supplies||$16,000 to $21,000|
|Audio-visual equipment, including computer system||$14,500 to $18,500|
|Computer system and related equipment||$2,500 to $3,500|
|Estimated total||$51,000 to $70,000|
Real estate feesReal estate will set you back $122,750 for Pure Barre, thought it's less than the average of $788,376 for the top 200 franchises.
|Real estate and lease||$7,000 to $33,500|
|Leasehold improvements||$20,000 to $175,000|
|Utility deposits||$0 to $1,000|
|Legal fees in connection with review and negotiation of lease||$4,500 to $4,500|
|Estimated total||$31,500 to $214,000|
Training feesPure Barre initial training costs total $24,250 — more than the nationwide average of $9,788.
|Training-related expenses||$500 to $3,000|
|Instructor training and related expenses||$15,750 to $29,250|
|Estimated total||$16,250 to $32,250|
Inventory costsInitial inventory for Pure Barre shakes out to $15,000. This is less than the nationwide average of $53,119.
|Opening inventory||$15,000 to $15,000|
|Estimated total||$15,000 to $15,000|
Marketing costsAdvertisement and marketing costs total up to $15,000 for Pure Barre, which is more than the nationwide average of $9,938.
|Initial marketing spend||$15,000 to $15,000|
|Estimated total||$15,000 to $15,000|
Licenses and permits costsPure Barre initial licenses and permits will set you back $2,500. This comes out to less than $18,770 — the overall nationwide average.
|Licenses and permits||Cost|
|Licenses and permits||$0 to $5,000|
|Estimated total||$0 to $5,000|
Insurance costsInitial insurance costs for Pure Barre run $1,700. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance||$900 to $2,500|
|Estimated total||$900 to $2,500|
Administrative feesPure Barre administrative fees total up to $4,700 — which comes in under the overall nationwide average of $6,761.
|Three months' technology fee||$450 to $450|
|Shipping||$1,000 to $7,500|
|Technology fee||Then-current fee charged by the franchisoru2019s approved supplier. Currently, $150/month per studio.|
|Estimated total||$1,450 to $7,950|
Other expensesMiscellaneous expenses for Pure Barre total $25,000 — less than the nationwide average of $69,970.
|Three months' additional funds||$10,000 to $40,000|
|Estimated total||$10,000 to $40,000|
How to financeSince the estimated total for Pure Barre is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Pure Barre franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Pure Barre about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $331,400 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?You have several options when it comes to financing a Pure Barre — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Pure Barre opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Compare small business lendersYou may not need financing to cover the estimated $201,100. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Pure Barre stacks upCompare how Pure Barre holds up against two similarly sized franchises.
|Club Pilates||Pure Barre||Captain Du2019s|
|Average Franchise fees||$60,000||$60,000||$40,000|
|Average Equipment fees||$43,500||$60,500||$318,500|
|Average Real estate fees||$91,000||$122,750||$600,600|
|Average Training fees||NA||$24,250||$30,000|
|Average Inventory fees||$12,000||$15,000||$7,000|
|Average Marketing fees||$15,000||$15,000||NA|
|Average Licenses and permits fees||$2,750||$2,500||NA|
|Average Insurance fees||$1,700||$1,700||$18,000|
|Average Admin fees||$6,750||$4,700||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$36,250||$25,000||$72,000|
Bottom linePure Barre franchise costs run a total of $331,400. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
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