Volofit Franchise FAQ
Do I need to have previous experience in the fitness industry?
No. One of the benefits of the Volofit model is that we do fitness for you. While having background in fitness is a plus, we are looking for partners who have an entrepreneurial spirit, leadership skills, and a belief in the brand’s commitment to community and wellness. Having a positive attitude, coupled with the ability to follow our model, will set you on the path towards success.
What type of training do you offer?
Volofit provides its owners with comprehensive hands on training from our industry leading experrts covering all aspects of studio opening and ongoing operations. Immediately after you sign your franchise agreement, our training begins with in person owner’s training at our coporate owned studio in Charlotte, NC. This training includes both classroom and in studio training covering a broad range of best practices and planning for opening and operating your studio successfully. After owners training, you will complete a series of live and virtual moduals focused on pre sales and your initial hiring process. In the weeks before your grand opening, our experts will come to your location and train you and your staff for studio opening. On an ongoing basis, our industry experts provide studio owners with best practices for success and meet with owners on at least a monthly basis.
Do you offer marketing support?
Marrketing support is a significant benefit of the Volofit franchise model. Marketing suppprt begins far in advance of opening your studio and continues as you grow. The comprehensive Volofit marketing umbrella includes CRM systems, lead generation, website design, social media, email templates, newsletters, digital marketing, apparel, flyers, promotions, and much more. Our marketing team will be there with you every step of the way.
Are protected territories provided?
As a Volofit franchise owner, you will have rights to operate your studio in a protected territory. No other owner can open a franchise with the same brand in your territory. We also offer area development and area representative options for those interested in fueling their growth in a new region. See our available territories here!
What financial requirements are there to become a Volofit franchisee?
We look for partners that have a minimum of $125,000 in liquidity, miniumum net worth of $400,000 and a minimum credit score of 700.
Does Volofit provide financing?
If you are interestedvin financing, Volofit will introduce you to our third party financing partners. Subject to their due diligence, our partners support various options to secure funding including SBA Loans and 401k rollovers.
Do I need a real estate location to be approved as a franchisee?
No. Once you become a Volofit franchisee, you will work with our real estate partners and internal experts to find your location in your protected territory.
How long does it take to open a studio?
The answer depends on many factors, but in most situations, your studio can open in 6-12 months after you sign your franchise agreement.
Didn’t see your question in our franchise FAQs?
Contact us to learn more about Volofit today!