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What to Expect On the Path to Becoming a Studio Owner
Are you considering studio ownership and curious what the process to become a barre3 owner entails? You’re in the right place. Read on to learn more about each step of the journey and then submit your inquiry to get started.
Here at barre3, we have a dedicated Franchise Expansion team that guides you through an exciting and thoughtful step-by-step process on the road to signing a barre3 Franchise Agreement (FA). We call this the “owner discovery process,” which begins with your very first call with the Franchise Expansion team and ends the day you sign your FA. The entire process from first call to FA signing typically takes between 4-12 weeks, though, ultimately, the timeline is at the discretion of each individual.
Though each person’s owner discovery journey is unique, there are several common milestones along the way — and the barre3 team supports and guides you at every turn (scroll down to the end of this post to meet the Franchise Expansion team).
Let’s dive in deeper!
Step 1: Initial Inquiry Call
Scheduling your initial inquiry call is the first step in the owner discovery process, and it takes place after you submit your inquiry form. The purpose of the initial call is to meet the barre3 Franchise Sales Manager (FSM) — your trusted guide — and share what’s inspiring you to consider studio ownership at this time.
Before this call, you’ll receive an email from us prompting you to complete your Personal Profile. The information you share within this profile will help the Franchise Sales Manager prepare for the call so you can make the most of your time together.
Then, while on the call, the Franchise Sales Manager will learn more about your goals and answer your initial questions. The FSM will then determine what your next steps should be based on your available capital, the viability of your desired market, and your timeline to readiness.
Step 2: Submit a Franchise Application
When you’re ready to move forward in the process after the initial call, you’ll submit our free, non-binding Franchise Application. As part of the application, we’ll ask for a copy of your resume and a snapshot of your finances. You’ll also be asked about your market of interest, your overarching goals, and your business/leadership experience.
Step 3: Review the Franchise Disclosure Document
Once we receive your application, we’ll send you a copy of our Franchise Disclosure Document (FDD). The FDD is a large document that outlines barre3’s franchising program in legal terms and provides financial data. While you review the FDD, take note of your questions to review with the barre3 Franchise Sales Manager at your next meeting. Most individuals also choose to review the FDD alongside a trusted legal source.
Step 4: Secure Lending
While reviewing the FDD with the Franchise Sales Manager and continuing your due diligence, you’ll also work on securing lending for your studio. Many individuals choose to work with our preferred lender, ApplePie Capital, but you can use any lender you like. You can also speak with the Franchise Sales Manager about financial requirements for studio ownership.
Step 5: Research the Market & Identify Search Area
Individual market research is another important component of the process. Barre3 invests in a comprehensive modeling system to help identify viable markets for growth, which will complement your knowledge of the market. You’ll review the data with the Franchise Sales Manager and identify what is called a “search area” for your studio. The search area is the boundary within which you’ll place your studio.
Step 6: Meet with barre3 Franchise Team Members
While continuing to work with the Franchise Sales Manager, we’ll also connect you to other barre3 Franchise Team members. You’ll meet with the barre3 New Studio Development Manager to learn more about the studio development timeline and readiness categories, and you’ll meet with the barre3 Senior Director of Training to gain insight into the instructor recruitment and training process.
Step 7: Owner Validation
You’re reaching the end of the process! An important step at this stage is owner validation. We will provide you with a list of current studio owners who have volunteered to meet with prospective studio owners like yourself. You’ll schedule short, 15-minute calls with several owners to ask questions and learn about their experience as barre3 owners. (Note: These owners have self-identified as having the capacity to help our franchise candidates at this stage of the process. However, the full list of franchisees can be found in the FDD.)
Step 8: Discovery Day and Business Interview
The final step of the owner discovery process is your Discovery Day. A Discovery Day serves as a chance to visit Portland, Oregon to meet the Franchise Team, take class together, and be inspired. If traveling to Portland is not an option, we are happy to host you virtually — though nothing can replace the excitement of an in-person visit!
Part of your Discovery Day is the formal Business Interview with barre3’s Vice President of Studio Operations and other members of the barre3 Leadership Team. The interview serves as a chance to ask questions to determine if barre3 studio ownership is right for you, and the barre3 team will ask you questions as well. The Franchise Sales Manager will help prepare you for the Business Interview.
Step 9: Sign Your Franchise Agreement
Once you are approved to move forward after your Business Interview, we’ll move on to the exciting step of scheduling your Franchise Agreement signing date. As soon as you sign the FA, you are officially a barre3 owner — congratulations! At this point, we will facilitate a smooth transition to the barre3 New Studio Development team so you can begin the exciting work of developing your studio and your local team. Generally, within 9-14 months of signing the FA your beautiful new barre3 studio will be open, and you’ll benefit from the wraparound support the barre3 home office provides to all owners.
Start the Conversation
Now that you know what the owner discovery journey entails, let’s dive in! Click here to submit your inquiry form to begin the conversation with the Franchise Expansion team. We can’t wait to meet you and support your dreams of studio ownership, together.
Learn more about studio ownership at barre3.com/franchise.
Want to learn more about our studio owners? Click here.
Are you considering studio ownership and curious what the process to become a barre3 owner entails? You’re in the right place. Read on to learn more about each step of the journey and then submit your inquiry to get started.
Here at barre3, we have a dedicated Franchise Expansion team that guides you through an exciting and thoughtful step-by-step process on the road to signing a barre3 Franchise Agreement (FA). We call this the “owner discovery process,” which begins with your very first call with the Franchise Expansion team and ends the day you sign your FA. The entire process from first call to FA signing typically takes between 4-12 weeks, though, ultimately, the timeline is at the discretion of each individual.
Though each person’s owner discovery journey is unique, there are several common milestones along the way — and the barre3 team supports and guides you at every turn (scroll down to the end of this post to meet the Franchise Expansion team).
Let’s dive in deeper!
Step 1: Initial Inquiry Call
Scheduling your initial inquiry call is the first step in the owner discovery process, and it takes place after you submit your inquiry form. The purpose of the initial call is to meet the barre3 Franchise Sales Manager (FSM) — your trusted guide — and share what’s inspiring you to consider studio ownership at this time.
Before this call, you’ll receive an email from us prompting you to complete your Personal Profile. The information you share within this profile will help the Franchise Sales Manager prepare for the call so you can make the most of your time together.
Then, while on the call, the Franchise Sales Manager will learn more about your goals and answer your initial questions. The FSM will then determine what your next steps should be based on your available capital, the viability of your desired market, and your timeline to readiness.
Step 2: Submit a Franchise Application
When you’re ready to move forward in the process after the initial call, you’ll submit our free, non-binding Franchise Application. As part of the application, we’ll ask for a copy of your resume and a snapshot of your finances. You’ll also be asked about your market of interest, your overarching goals, and your business/leadership experience.
Step 3: Review the Franchise Disclosure Document
Once we receive your application, we’ll send you a copy of our Franchise Disclosure Document (FDD). The FDD is a large document that outlines barre3’s franchising program in legal terms and provides financial data. While you review the FDD, take note of your questions to review with the barre3 Franchise Sales Manager at your next meeting. Most individuals also choose to review the FDD alongside a trusted legal source.
Step 4: Secure Lending
While reviewing the FDD with the Franchise Sales Manager and continuing your due diligence, you’ll also work on securing lending for your studio. Many individuals choose to work with our preferred lender, ApplePie Capital, but you can use any lender you like. You can also speak with the Franchise Sales Manager about financial requirements for studio ownership.
Step 5: Research the Market & Identify Search Area
Individual market research is another important component of the process. Barre3 invests in a comprehensive modeling system to help identify viable markets for growth, which will complement your knowledge of the market. You’ll review the data with the Franchise Sales Manager and identify what is called a “search area” for your studio. The search area is the boundary within which you’ll place your studio.
Step 6: Meet with barre3 Franchise Team Members
While continuing to work with the Franchise Sales Manager, we’ll also connect you to other barre3 Franchise Team members. You’ll meet with the barre3 New Studio Development Manager to learn more about the studio development timeline and readiness categories, and you’ll meet with the barre3 Senior Director of Training to gain insight into the instructor recruitment and training process.
Step 7: Owner Validation
You’re reaching the end of the process! An important step at this stage is owner validation. We will provide you with a list of current studio owners who have volunteered to meet with prospective studio owners like yourself. You’ll schedule short, 15-minute calls with several owners to ask questions and learn about their experience as barre3 owners. (Note: These owners have self-identified as having the capacity to help our franchise candidates at this stage of the process. However, the full list of franchisees can be found in the FDD.)
Step 8: Discovery Day and Business Interview
The final step of the owner discovery process is your Discovery Day. A Discovery Day serves as a chance to visit Portland, Oregon to meet the Franchise Team, take class together, and be inspired. If traveling to Portland is not an option, we are happy to host you virtually — though nothing can replace the excitement of an in-person visit!
Part of your Discovery Day is the formal Business Interview with barre3’s Vice President of Studio Operations and other members of the barre3 Leadership Team. The interview serves as a chance to ask questions to determine if barre3 studio ownership is right for you, and the barre3 team will ask you questions as well. The Franchise Sales Manager will help prepare you for the Business Interview.
Step 9: Sign Your Franchise Agreement
Once you are approved to move forward after your Business Interview, we’ll move on to the exciting step of scheduling your Franchise Agreement signing date. As soon as you sign the FA, you are officially a barre3 owner — congratulations! At this point, we will facilitate a smooth transition to the barre3 New Studio Development team so you can begin the exciting work of developing your studio and your local team. Generally, within 9-14 months of signing the FA your beautiful new barre3 studio will be open, and you’ll benefit from the wraparound support the barre3 home office provides to all owners.
Start the Conversation
Now that you know what the owner discovery journey entails, let’s dive in! Click here to submit your inquiry form to begin the conversation with the Franchise Expansion team. We can’t wait to meet you and support your dreams of studio ownership, together.
Learn more about studio ownership at barre3.com/franchise.
Want to learn more about our studio owners? Click here.
