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Use Your IRA/401K
to Fund Your Business
If you have retirement funds that you have not yet paid taxes on, you can access those funds to capitalize a business. You can then use those funds to buy a business, for any business expense, and to pay salary!
You are in control, you decide how much of your retirement funds you wish to use for the business. When working with a company that specializes in this funding option, and follows all of the IRS guidelines, you are able to buy a business Debt Free and Equity Rich (from the rollover of your IRA/401K funds). Additionally, you'll have a new 401K/Profit Sharing Plan that you can begin to contribute Tax Deferred.
Click here to learn more about using your retirement account and other funding options that are available.
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Fun Facts 
| Planet Fitness was founded in 1993 by Michael and Marc Grondahl and Chris Rondeau in Dover, NH.
Planet Fitness is known as the "Judgement Free Zone" because of their target on the average gym goer over the bodybuilder type of fitness enthusiasts.
Today, there are 2,039 Planet Fitness locations across the U.S..
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The Fear Factor of Buying a Franchise
Author and Philosopher Bertrand Russell once said "To conquer fear is the beginning of wisdom."
Buying a franchise is one of the biggest decisions you will ever make, so feeling fear is not only normal, it is entirely appropriate to the situation.
Who has fear? Everyone! Fear prevents us (most of us, anyway) from jumping out of a moving car or going over a waterfall in a barrel. Fear helps us make choices that are less likely to endanger our lives. Fear also prevents us from gambling our life's savings on a horse race or marrying someone we've known only a few days. However, when we feel we have enough information about a subject, we can often get over fear and do things that were beyond our comfort zone. If you are one of those people who has done your homework and found the franchise opportunity you've always dreamed of but can't seem to commit to a decision, then the final doubts you have are probably about your own abilities rather than the franchise itself. This is where a qualified franchise consultant can help you. By assessing your interests, skills and experience, a consultant can guide you to a decision where risks are at an acceptable level and the benefits, while not certain, are well worth the effort. The only problem with fear is when you allow it to stop you from doing something you know will make a positive difference in your life. Don't let fear stop you from reaching your goals!
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Buyer Checklist
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1. Work with a consultant, he/she already knows the answers to most of your questions.
2. Take your time.
3. Identify your financial goals.
4. Understand your marketplace.
5. Compare several franchise options.
6. Attend the Discovery Day.
7.Validate information with current franchisees.
8. Consult with a franchise attorney prior to signing any documents.
9. Begin your journey as a successful business owner.
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Did you know...
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One out of every 12 businesses operating today is a franchise.
What are some of the benefits to owning a franchise?
1. It's an established, successful brand.
2. There are proven operating systems in place.
3. Volume purchasing power.
4. Shared experience with other franchisees.
5. Formalized training and marketing programs to help ensure your success.
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We've helped many aspiring business owners, just like yourself, realize their entrepreneurial dreams by matching them with their ideal Business or Franchise Opportunity. If you're ready to take control of your future but need free expert assistance finding just the right business, we're here to help.
You are never charged a fee for our services. |
Featured Franchise Category
Fitness
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Fitness Machine Technicians 
Cash Needed: $100K
Total Investment: $71K-$119K
Current Locations: 41
Fitness Machine Technicians specializes in the maintenance and repair of equipment for commercial and home exercise facilities. They also assist in the design of facilities, recommending layouts, equipment, and accessories for maximum functionality.
With the fitness boom, the need for reliable fitness equipment is growing beyond the gym. Fitness Machines Technicians cater to a wide variety of facilities:
- Corporate
- Colleges/Universities
- Hotels
- Apartments/Condominiums
- Health Clubs
- Residential
In an industry dominated by mom and pop operators, this is your opportunity to be involved in their proven Fitness Machine Technicians model in a nationwide franchise system.
Fitness Machine Technicians franchise owners can be owner manager or investment managers with a General Manager to oversee day-to-day operations including field technicians and office staff.
Fitness Machine Technicians is a business-to-business national franchise opportunity with potential for residual income through recurring service-based contracts. If you have expertise in sales and business development, you're the perfect candidate.
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CycleBar 
Cash Needed: $100K
Total Investment: $319K-$497K
Current Locations: 440
In 2004, Bill Pryor and his sister Alex Klemmer decided to create one of the first independent cycling studios in the country in their Boston neighborhood. Both Bill, then a corporate executive, and Alex, a stay-at-home mom, recognized that there were three key ingredients to a successful indoor cycling experience: great instructors, great music, and a great environment. They opened their first dedicated studio a year later and have been perfecting their high-energy, cycling- focused concept ever since. Now, Pryor and Klemmer have partnered with like-minded fitness enthusiasts to allow others to experience and benefit from the CycleBar experience.
CycleBar is an inclusive and affordable experiential retail concept offering premium indoor cycling classes. Indoor cycling has been a defined fitness platform for nearly 30 years. As the first and only premium indoor cycling fitness concept offered as a franchise opportunity, CycleBar was built to leverage this existing awareness and demand in every market and provide a business opportunity for entrepreneurs to enjoy an exceptionally high margin business that is relatively simple to operate. As an Executive Model, you can effectively hire someone to manage the studio and spend your time developing your other interests.
The CycleBar Mission:
- Create a fun and accessible experience for riders of all ages and fitness levels
- Ensure every CycleBar ride is an unparalleled multi-sensory, intoxicating journey
- Hire and retain the very best people
- Fuel each ride with amazing music, energy-enhancing video graphics and rider-specific performance data in a state-of-the-art CycleTheatre
- Deliver concierge-level service and an exhilarating experience that goes far beyond a great cardio fitness workout
- Rock the ride, each and every time
If you are passionate about achieving financial independence, helping others achieve a healthier lifestyle while having fun and managing a growing business opportunity, then CycleBar may be the right choice for you.
For more information, Click here
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BODYBAR Pilates 
Cash Needed: $100K
Total Investment: $229K-$390K
Current Locations: 13
BODYBAR Pilates focuses on your body's needs to strengthen, lengthen and tone your body through athletic techniques. Their workouts are designed for all skill levels. Prepare to be challenged, uplifted and embraced in their community-centric environment. BODYBAR wants you to think of them as more than just the Pilates studio for your 50-minute workout, but as a community outlet for you beyond the workout.
BODYBAR Pilates takes proven principles of Pilates and intensifies them with isometric holds, pulses, and incorporating the whole body. With multiple revenue streams including memberships, class packages, retail, late cancel fees, private instruction, and teacher training fees, BODYBAR provides an opportunity to meet and surpass your financial goals.
BODYBAR's Competitive Advantages:
- Attractive Net Profit Margin
- Low to Moderate Investment
- Quick Profitability
- Hot Industry and High Demand
- Recurring Revenue Model
- Simple Operation
- Low Cap Expenses
BODYBAR is where quality instruction + a spa like environment + amazing customer experience meets to produce strong financial performance for their franchise partners.
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Pure Barre 
Cash Needed: $100K
Total Investment: $204K-$462K
Current Locations: 700
Pure Barre is the largest, most established barre franchise with almost 550 studios across North America. With a dedicated following of over 600,000 clients, Pure Barre focuses on small movements that result in big changes. Pure Barre's innovative technique comes in a range of class offerings that target strength, cardio and flexibility for people of all levels, providing clients with self-focused time to transform the body and mind. Clients can also get their Pure Barre fix anywhere, anytime with Pure Barre GO, featuring weekly class streaming.
Ranked in Entrepreneur Magazine's Franchise 500 List each year, Pure Barre continues to be a pioneer in not only the barre space, but boutique fitness overall.
Pure Barre's Competitive Advantage:
- Operating platform delivers best-in-class instruction
- New programming for core classes provided monthly
- Proprietary class offerings
- In-house training team is constantly evolving choreography
- Three unique class formats to fit the needs of all clients
- Community-oriented and welcoming to clients of all backgrounds and fitness levels
- Modern and beautifully designed studio
As a Pure Barre studio owner, you will run a local business that is backed by a strong national brand. Pure Barre's corporate team offers guidance in real estate, construction & design, training, marketing and consulting. Throughout the opening process and beyond, they will be with you every step of the way.
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YogaSix 
Cash Needed: $100K
Total Investment: $280K-$497K
Current Locations: 475
YogaSix is changing the way people think and experience yoga. With modern day yoga instruction, the diverse yoga and fitness programs include movement and intensity to meet the complete needs of any fitness goal and support continuous progression. Whether your focus is on deep stretching, stress relief, or high intensity workouts that challenge you every step of the way, YogaSix has a class to fit every fitness level, that is energizing, empowering, and fun. Yoga has been around since the start of boutique fitness. YogaSix is the evolution and modernization of yoga in the fitness boutique space.
Why Own a YogaSix Franchise?
First Mover Advantage - With a proven concept in a number of competitive markets, YogaSix has extensive market potential. Be the first to bring YogaSix's unique and modern approach to Yoga to your local market.
Executive Model - YogaSix's franchise model provides a completely scalable business allowing you to determine your own success.
Extensive Support - From lease negotiation to build-out, recruitment to finance, and sales & marketing to sustainable business, you will be supported every step of the way.
Investment - Enjoy a low-cost entry, a recurring revenue model, an exceptional EBITDA margins and the confidence in YogaSix's team that has more than decades of experience in fitness franchising.
Yoga is now a mainstream workout accessible to all ages and fitness levels and there is currently a high demand for it in every market.
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Franchise Resales
CertaPro Painters - West Palm, FL
Asking Price: $250,000 2020 Revenues: Available Upon Request
Clothes Bin - Katy, TX Asking Price: $150,000 2020 Revenues: Available Upon Request
CMIT Solutions - Reading, PA Asking Price: $70,000 2020 Revenues: Available Upon Request Deka Lash - Franklin, TN
Asking Price: $109,000 2020 Revenues: Available Upon Request GymGuys - RIchmond, VA
Asking Price: $75,000 2020 Revenues: Available Upon Request
For more information on these franchise resales and others in your area, Click here |
What is an Area Representative or Master Franchise?
Some franchises have opportunities known as Area Representative or Master Franchise. An Area Representative Franchise involves the development of a geographic region that can be as small as a single city or as large as an entire state; while a Master Franchise is normally reserved for the development of an entire country. You purchase the right to develop a designated area and share in the franchise fees and royalties with the franchisor. You work closely with commercial real estate agents, business brokers and consultants in the development of your area. The investment needed to secure an Area Representative or Master Franchise opportunity can start as low as $150K depending the franchise, size of the population and the geographic area.
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If you would like to learn more about this month's Featured Business Opportunities or have questions about business ownership, you may contact me directly by calling the number below.
Sincerely,
Dave Struck
Dave Struck
Founder/Consultant
Quest Franchise Advisory Group
Direct: 770-910-7767
[email protected]
www.questfran.com
We hope you find our newsletters informative and invite your suggestions and comments by emailing [email protected]
Our Business Is Helping You Find The Right Business
  
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