@ the LB FDD Summary
Type of Business
LB Franchising, LLC offers franchises for the operation of premium boutique fitness and non-fitness class venues and multipurpose venue spaces that operate under the “@ the LB™” service mark and feature (i) premium boutique studio space that can be reserved by independent contractors for a variety of fitness and non-fitness classes and training sessions and (ii) premium convertible hospitality space that can be reserved by third parties for hosting community and corporate events, meetings, parties, receptions, and other events (a “Venue”).
Corporate Information
LB Franchising, LLC is an Ohio limited liability company that was organized on November 9, 2015. When originally formed, LBF was named “Local Barre Franchising, LLC.” On September 12, 2016, their entity was renamed “LB Franchising, LLC.” LBF’s principal business address is 299 E. 6th St., Floor 1, Cincinnati, Ohio 45202. They began offering @ the LB™ Venue franchises and area representative franchises in September 2016.
Investment
The total investment necessary to begin operation of a new Venue ranges from $410,280 to $847,200. This includes $50,000 to $79,500 that must be paid to the franchisor or its affiliates.