How would you like to become a proud owner of a successful fitness brand?
The MADaboic franchise offering is one opportunity you might want to explore to get started. This company has grown steadily from its humble beginnings to become one of America’s most attractive fitness brands.
As an investor interested in such opportunities, we fully understand your need for accurate information, as this is necessary for making the right decisions.
Hence, this article has been written to provide crucial details and procedures for joining MADabolic’s franchise program.
An Overview of MADabolic’s Franchise System
MADabolic prides itself as a destination for high-achieving fitness entrepreneurs willing to become part of something big.
Since its launch, the results have been impressive, as the company has done well in dense fitness markets. The best part is that you’ll have full access to success benefits as an investor.
As a respected player in the boutique fitness industry, MADabolic has invested significantly in developing industry-leading training methods that have made it highly competitive.
Launched in 2012, the MADabolic brand has snowballed into a significant business, allowing you to join and realize your fitness objectives.
Its workout program is geared towards metabolic conditioning, achieved through various techniques, including cardiovascular exercise and strength training.
While helping your clients achieve their fitness objectives, you also benefit from the franchisor’s profitable business model.
Is MADabolic a Franchise?
Before now, several mentions have been made about franchising, which points to the possibility of this company having a franchise program.
In other words, MADabolic is a franchise you can join if you have what it takes. Having what it takes simply means being qualified for the opportunity.
Speaking of qualification, all prospective franchisees must adhere to various requirements to be considered for the MADabolic opportunity.
These include financial needs, amongst others, which have been discussed below. For more understanding, you might want to contact the franchisor for details.
MADabolic Franchise Costs
As an investor seeking to explore MADabolic’s franchise offering, the cost of joining should be among the primary things to consider.
All prospective franchisees must have an initial investment of $308k to $603k. This covers the franchise fee of $40k with an initial term of 10 years.
Franchise candidates must also have a total income of $306k to $756k.
Now, it’s important to state that this is only an overview, as detailed breakdowns are contained in the franchise disclosure document (FDD) issued during the application process.
It’s also important to note that your actual investment total will be primarily determined by a range of factors such as building location and market. To have a clear idea, you’ll need to discuss it with the franchise development team at MADabolic for necessary assistance.
MADabolic Franchise Support
As a prospective franchisee seeking to join this system, you need to know the type(s) of support provided.
Luckily, this franchisor has a range of provisions designed to help its partners succeed. Franchisees are allowed site selection and access to the company’s custom branding packages.
What more? MADabolic franchise offers you general contractor selection & management support in addition to hiring help.
You’re also introduced to its grassroots ground game and digital pre-sale campaigns. All new and existing franchisees enjoy comprehensive initial and ongoing training.
MADabolic arranges an in-house training camp for your coaching team while providing on-site corporate support and ongoing accountability coaching.
A launch plan includes founder visits, family classes, and a “free week of MADness.”
MADabolic Franchise Profit Potential
Franchise candidates are often concerned about the viability of an opportunity before committing to it.
Here, we’re referring to the profit potential. Although MADabolic provides all the help you need to succeed, performance varies from one franchisee to the next.
These are due to several factors, including competition, location, staffing & labor costs, running or operational costs, and operational efficiency.
There are things you can do to enhance your productivity and profitability. You might want to ask the franchise development team for assistance.
The ongoing support offered by MADabolic can be leveraged to boost sales. The systems are designed to guide and improve your operations, hence the need to leverage such for your benefit.
This creates a win-win scenario for all parties involved.
To join MADabolic’s franchise system, you need to check your suitability. Here, checking your suitability requires further details about the franchise offering.
This includes determining investment options available (in terms of the maximum number of outlets allowed), amongst others.
i. Schedule a Call
You must proceed to its franchise page and schedule a call to start the process. An inquiry form is also provided for you to fill out and submit.
Here basic details about the franchise candidate are captured, such as your first name, email, phone number, the territory of interest, liquid capital available, and email.
Upon submitting the form, you’ll receive a call from a franchise representative at MADabolic. This sparks off further discussions where you get to ask questions.
Also, the call seeks to ascertain your suitability for MADabolic’s franchise program.
During the call, you’ll be required to review your background, discuss your territory of interest, and cover specifics of your investment, amongst other things.
As always, this is where you get all your questions about the franchise offering fully answered.
ii. Attend a Brand Webinar
After scaling through the screening process, you’re guided on how to complete the franchise application.
This process includes the issuance of the FDD, which holds information on all there is to know about the franchise. The webinar provides a heads-up on the processes involved.
iii. Business Planning Session
MADabolic franchise incorporates a business planning session into its program. This helps walk you through its processes while merging your plans and goals with its proven structures.
iv. Review of the Franchise Agreement
At this stage, a review of the franchise agreement is required.
This provides you full access to all the details needed to join the program. If satisfied with the terms of the deal, you’ll proceed to sign the contract, which officially makes you a MADabolic franchisee.
There you go! The MADabolic franchise program includes all the details provided above. You can start your franchise journey by following the steps and discussing the opportunity with the franchise development team.