The market for fitness and weight loss businesses is only growing larger as it strives to help Americans get in shape. With nearly 72 percent of Americans considered overweight, providing an outlet for exercise with an emphasis on family and fun is a positive way to grow with these trends.
Bodies Race Company offers a straightforward plan to add additional income to your part-time or full-time schedule. If you enjoy running, fitness, working with others, being involved in your community, and working towards a healthier society in general, this franchise opportunity is for you.
- Liquid assets over $50,000.00
- Credit score of 680 or above
- Industry experience preferred
- Business ownership and employee management experience preferred
- Commitment to Bodies Race Company values of Family. Fun. Fitness.
Basic Fees and Costs
- Franchise Fee: $25,000 per location
- Royalty Fee: 15% of gross sales (net of sales tax and direct charitable contributions by race participants)
- Total initial investment: Approximately $50,000.00 to $75,000.00
Frequently asked questions from others interested in becoming a franchise owner.
Q. What will I receive as part of the Bodies Race Company Franchise system?
A. You’ll receive running course site selection and design assistance, access to proprietary Bodies Race Company purchasing and operational programs and ongoing general guidance in operations, promotion, and marketing. After starting your operation, additional consulting, on an individual basis, is always available.
Q. How much does an individual Bodies Race Company Franchise cost?
A. The total estimated initial investment ranges from $14,000 to $20,000 depending on the actual costs of required equipment. It excludes the initial Franchise fee of $25,000, which is due in a lump sum when you sign the Franchise Agreement. The cost also covers the initial assistance and training you receive to set up and operate your Bodies Race Company operation.
Q. Is financing available?
A. Bodies Race Company offers direct financing of the initial franchise fee.
Q. How much is the "royalty" fee?
A. The royalty fee, for continuing services, payable to the Bodies Race Company Franchisor, is equal to 15% of the Gross Revenue (minus sales tax and direct charity contributions) derived from the operation of the Franchise. It entitles you to continued use of the Bodies Race Company trademarks and access to our proprietary purchasing and operational programs, as well as the continuing
Q. Is there a cost for advertising and promotion?
A. There is no Advertising Fee and no requirement that you advertise your Franchise. However, Bodies Race Company does provide special advertising, promotional and merchandising materials that you can purchase, at your discretion.
Q. What training will I receive?
A. Prior to you starting your race operations, you and one managerial employee will receive on-site training from Bodies Race Company personnel. This training, detailed on this website, is based on the Bodies Race Company Operations Manual and associated materials. Trained personnel must also attend any “refresher courses” that Bodies Race Company may provide from time to time. This
Q. How long is the term of the Franchise agreement?
A. The initial term of a Bodies Race Company Franchise is 5 years. If you stay in good standing, you can renew or extend your Franchise for two additional 5-year terms at the then current renewal rate. The current renewal rate is $5,000.
Q. Will I have an exclusive territory?
A. We provide exclusivity to a 25-mile radius where you can host runs. You can host your runs in any area not protected by another franchise.
Q. How do I get considered to be awarded a franchise?
A. It’s easy. Just fill out the enclosed Confidential Information Request Form, and submit it to us. After we review the application, we’ll contact you to set up a meeting. If you have any questions, call us at 816-225-6911.
Q. How much annual income can a Franchisee expect from owning a Bodies Race Company franchise?
A: While this is, certainly, a very reasonable question to ask, the standard rules of the FTC prohibits Franchisors from making general claims regarding income, revenue or profits. However, there is no prohibition from talking to other Franchisees and you are welcome to do so.
Q. How many employees (besides the owner) does the average-sized run need to operate?
A: An average Bodies Race Company run is a 5K and 10K, with two half-marathons per year. This is adequately staffed with one full-time race director (owner or other designated employee) and 5 – 10 part time and volunteer staff on race day and a few days prior to race day. Each Franchisee finds his/her own level of staffing comfort depending upon his/her individual needs.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. If you are a resident of a U.S. state or a country that regulates the offer and sale of franchises, are receiving this message in one of those states or countries, or intend to operate a franchise in any of those states or countries, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction.
This offering is not an offering of a franchise. In New York (USA), an offering of a franchise can only be made by a prospectus that has been previously filed and registered with the Department of Law of the State of New York. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York.
OUR WEBSITE HAS NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF CORPORATIONS. ANY COMPLAINTS CONCERNING THE CONTENT OF THIS WEBSITE MAY BE DIRECTED TO THE CALIFORNIA DEPARTMENT OF CORPORATIONS AT www.corp.ca.gov.
Likewise, our website has not been reviewed or approved by any other federal or state governmental or regulatory agency (domestic or international).
Family. Fun. Fitness.
©2017 Bodies Race Company