Pure Barre FDD – Franchise Information, Costs and Fees
Type of Business
The franchise is the right to develop, own and operate, as part of the Pure Barre® system, a fitness studio that provides barre and other specialized exercise classes using designated equipment.
Corporate Information
PB Franchising SPV, LLC. is a Delaware limited liability company, formed on March 6, 2023. Their principal business address is 17877 Von Karman Ave., Suite 100, Irvine, California 92614. They began offering franchises on April 4, 2023. From October 2012 through March 2023, franchises for Pure Barre-branded studios were offered by their predecessor (and affiliate), PB Franchising, LLC. Their direct parent is XPOF Assetco, LLC. The Franchise Agreements, Area Development Agreements, and certain other agreements related to Studios that were signed by Predecessor before the Reorganization were assigned to them as of December 31, 2023.
Investment
The total investment necessary to begin operation of a Pure Barre studio is $265,330 to $418,980, which includes $86,600 that must be paid to franchisor or its affiliates. You and and the franchisor may also enter into an area development agreement under which you would agree to acquire an agreed upon number of franchises and open an agreed upon number of studios within a designated development area and pursuant to an agreed upon opening schedule. Under the area development agreement you must commit to developing at least 3 outlets. The total investment necessary to enter into an area development agreement for the right to develop three Studios ranges from $340,330 to $493,980, which includes (a) the total initial investment to begin operation of your initial Pure Barre studio, less the initial franchise fee, and (b) a development fee of $135,000 which must be paid to franchisor or its affiliates.
