The Camp Transformation Center Franchise Costs $351K – $474K (2024 Fees & Profits)
The Camp Transformation Center franchise, co-founded by Dr. Saman Bakhtiar and Alejandra Font in 2010, emerged from a shared vision to address the inefficiencies they perceived in the traditional gym and personal training models. Frustrated with the lack of results and customer service in mainstream gyms, they aimed to create a fitness space that prioritized community and transformative experiences over just equipment and conventional workouts.
The Camp differentiates itself from traditional gyms by focusing on the emotional and communal aspects of fitness, creating a culture of motivation and accountability among its members. This community-focused approach, coupled with the unique challenge and supportive environment, provides a distinct competitive edge.
Headquartered in Southern California, The Camp has expanded its vision beyond the initial locations, driven by a passionate belief in transforming lives through fitness. The franchise model offers entrepreneurs a scalable business opportunity that’s both impactful and fulfilling, by enabling them to contribute positively to their community’s health and wellness.
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Initial investment
Here’s what you can expect to spend to start a The Camp Transformation Center franchise.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $49,500 |
Travel and Living Expenses for Training | $2,000 to $5,000 |
Rent and Lease Deposit | $21,000 to $44,000 |
Construction | $52,000 to $70,000 |
Architect and Materials | $92,000 to $131,000 |
Equipment Pack | $61,000 |
Initial Inventory | $3,000 to $5,000 |
Technology Fee – initial payment | $500 |
Grand Opening Marketing | $5,000 |
Video Training | $350 |
Permits and Licenses | $3,000 to $10,000 |
Signage | $6,000 to $8,000 |
Insurance, Miscellaneous Deposits and Prepaid Expenses | $6,000 to $10,000 |
Additional Funds – Six Months | $50,000 to $75,000 |
Total | $351,350 to $474,350 |
Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.
Franchise fees & Royalties
Here are the main ongoing fees the franchisor will ask you to pay going forward to run the franchise.
Initial Franchise Fee
The Initial Franchise Fee is $49,500, payable in a lump sum upon signing the Franchise Agreement.
Royalty fee
The Camp Transformation Center franchise has a royalty fee set at 6% of gross sales.
Technology Fee
An initial Technology Fee of $500 is charged, also payable in a lump sum upon signing the Franchise Agreement.
Grand Opening Marketing
A grand opening marketing fee of $5,000, which can be paid lump sum to the franchisor or as incurred if paid to others, is required prior to the opening of the center.
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How to start a The Camp Transformation Center
Opening a The Camp Transformation Center franchise involves several steps. Here are the main ones.
1. Conduct Initial Research
- Understand the Brand: Familiarize yourself with The Camp Transformation Center’s brand, philosophy, and business model. This includes understanding their focus on fitness and transformation programs.
- Market Analysis: Analyze the demand for fitness centers in your desired location, considering local competition and the target market.
- Franchise Information: Review The Camp Transformation Center’s official website and franchise-related resources to gather information on franchise fees, initial investment requirements, ongoing royalties, and support provided by the franchisor.
2. Contact the Franchisor
- Initial Inquiry: Reach out to The Camp Transformation Center through their website or franchise sales team to express your interest and request more detailed franchise information.
- Attend Discovery Day: Many franchisors offer a Discovery Day, where potential franchisees can meet the corporate team, ask questions, and get a feel for the business culture.
3. Review the Franchise Disclosure Document (FDD)
- Obtain the FDD: This legal document provides essential information about the franchisor, the franchise system, and the agreements required to proceed. It includes details about the financial performance of existing units, fees, and legal obligations.
- Legal Review: It’s advisable to have a franchise attorney review the FDD with you to ensure you understand all terms and conditions.
4. Develop a Business Plan
- Financial Projections: Create detailed financial projections including startup costs, operating expenses, and revenue forecasts.
- Marketing Plan: Outline how you plan to attract and retain customers, including pre-opening marketing and ongoing promotional strategies.
- Operational Plan: Detail the day-to-day operations, including staff recruitment, training programs, and service delivery processes.
5. Secure Financing
- Funding Assessment: Determine how much capital you will need to start and run your franchise until it becomes profitable.
- Financing Options: Explore financing options, such as small business loans, franchisor financing programs, or private investors.
6. Finalize Franchise Agreement
- Agreement Review: Carefully review the franchise agreement with your attorney and negotiate any terms if necessary.
- Sign the Agreement: Once you are satisfied with the terms, sign the franchise agreement and pay any required franchise fees to the franchisor.
7. Choose a Location
- Site Approval: Select a suitable location based on the franchisor’s guidelines and have it approved by them. Consider factors like visibility, accessibility, and local competition.
- Lease Negotiation: Negotiate the terms of your lease, ideally with the assistance of a real estate professional familiar with commercial leases.
8. Set Up Your Franchise
- Training: Complete any required training programs provided by The Camp Transformation Center to understand their operational procedures, culture, and expectations.
- Build-Out and Equipment: Follow the franchisor’s guidelines for the physical layout of your center and purchase the necessary equipment.
- Hiring Staff: Recruit and train your team, ensuring they meet the standards and values of The Camp Transformation Center.
Disclaimer
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