FEBRUARY 2020 NEWSLETTER

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Our Business Is Helping You Find the Right Business
 
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In This Issue
Funding Your Business
Use Your IRA/401K
to Fund Your Business
  
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If you have retirement funds that you have not yet paid taxes on, you can access those funds to capitalize a business. You can then use those funds to buy a business, for any business expense, and to pay salary!

 

You are in control, you decide how much of your retirement funds you wish to use for the business. When working with a company that specializes in this funding option, and follows all of the IRS guidelines, you are able to buy a business Debt Free and Equity Rich (from the rollover of your IRA/401K funds). Additionally, you'll have a new 401K/Profit Sharing Plan that you can begin to contribute Tax Deferred.
 
Click here to learn more about using your retirement account and other funding options that are available.
Fun Facts
Life Time Fitness was founded by chairman and CEO, Bahram Akradi in 1990 as FCA, Ltd. and registered the name Life Time Fitness in 1992.

Life Time clubs located in more populated affluent metropolitan areas fall under the "Life Time Athletic" name while others in smaller metropolitan regions are known as "Life Time Fitness".

Today, there are over 180 Life Time Fitness locations all across North America.
Resources
The Fear Factor of Buying a Franchise

 

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Author and Philosopher Bertrand Russell once said "To conquer fear is the beginning of wisdom."

Buying a franchise is one of the biggest decisions you will ever make, so feeling fear is not only normal, it is entirely appropriate to the situation.

Who has fear? Everyone! Fear prevents us (most of us, anyway) from jumping out of a moving car or going over a waterfall in a barrel. Fear helps us make choices that are less likely to endanger our lives. Fear also prevents us from gambling our life's savings on a horse race or marrying someone we've known only a few days.
  
However, when we feel we have enough information about a subject, we can often get over fear and do things that were beyond our comfort zone.
  
If you are one of those people who has done your homework and found the franchise opportunity you've always dreamed of but can't seem to commit to a decision, then the final doubts you have are probably about your own abilities rather than the franchise itself.
  
This is where a qualified franchise consultant can help you. By assessing your interests, skills and experience, a consultant can guide you to a decision where risks are at an acceptable level and the benefits, while not certain, are well worth the effort.
  
The only problem with fear is when you allow it to stop you from doing something you know will make a positive difference in your life. Don't let fear stop you from reaching your goals! 
Buyer Checklist 
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1. Work with a consultant, he/she already knows the answers to most of your questions.

2. Take your time.

3. Identify your financial goals.

4. Understand your marketplace. 

5. Compare several franchise options.

6. Attend the Discovery Day.

7.Validate information with current franchisees.

8. Consult with a franchise attorney prior to signing any documents.

9. Begin your journey as a successful business owner.

Did you know... 
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One out of every 12 businesses operating today is a franchise.

 

What are some of the benefits to owning a franchise?

  
1. It's an established, successful brand.  
2. There are proven operating systems in place.  
3. Volume purchasing power. 
4. Shared experience with other franchisees. 
5. Formalized training and marketing programs to help ensure your success.

   

We've helped many aspiring business owners, just like yourself, realize their entrepreneurial dreams by matching them with their ideal Business or Franchise Opportunity.  If you're ready to take control of your future but need expert assistance finding just the right business, we can help.
    
You are never charged a fee for our services.
Featured Franchise Category:
FITNESS
SPENGA
Cash Needed: $150K
Total Investment: $365K-$690K
Current Locations: 101            
                    
SPENGA is unlike any studio of its kind, they combine three essential elements of fitness to create what is simply known as the best workout ever.  Their unique concept delivers a combination of spin, strength, and yoga in every 60-minute session, and is designed to help improve your endurance, strength, and flexibility.
 
Every 60 minute SPENGA session includes: 
  • 20 minutes of heart-pumping spin
  • 20 minutes of explosive HIIT strength training
  • 20 minutes of invigorating yoga
 
 
SPENGA's tagline is Best. Workout. Ever.; and they firmly believe this.  SPENGA fills a void in the market by delivering cardiovascular, strength, and flexibility training all in one 60-minute workout.  Consumers are constantly searching for the most efficient and effective fitness solution that will yield them the best results.  The SPENGA concept was designed with the consumers' needs in mind, and they want to share this results-driven, uplifting, unique, fitness experience with as many individuals as possible.

SPENGA is targeting all individuals looking to make the most out of their lives and their workouts.  SPENGA offers a multi-sensory experience.  As soon as you walk through the door, you can see the attention paid to detail.  This includes the inspiring design elements with space dedicated specifically to each element of the workout, invigorating aroma from the essential oils, and the DJ inspired playlists that create an incredible energy throughout the studio.  SPENGA is a community of like-minded individuals all looking to live their best lives and get the most out of their workouts. 
 
For more information, Click here 
Or call 800-401-9154
StretchLab
Cash Needed: $100K
Total Investment: $194K-$274K
Current Locations: 8           
                    
StretchLab is revolutionizing the assisted stretching segment in boutique fitness.  Stretching is a pillar program in fitness and healthy lifestyles.  Getting in a good daily workout is important, but stretching before and after you exercise is equally, if not more, important.  Flexibility decreases excessive tension on muscles and relieves stress from joints.  It also corrects muscle imbalances which helps to improve your overall fitness and helps decrease the risk of injury.  Stretching can help you perform better in your workout, sports and everyday life.  It improves muscle strength and increases agility, as well as, speed - which can help you in your everyday activities.
 
 
The StretchLab team has designed a proprietary small group class platform which will disrupt the category by making assisted stretching much more affordable, convenient, accessible and introduce assisted stretching to the masses.

Their approach is called the StretchLab Method: 
  • They are the only brand offering small group classes and communal experience
  • Brand new state-of-the-art studio offering a cultural experience - not clinical and/or sterile
  • The best value in assisted stretching, with unexpectedly low prices
  • Affordable classes to open up the category and service a broader customer base
Why own a StretchLab franchise? 
  • An inclusive and affordable experiential retail concept offering premium assisted stretching in group classes and one-on-one format
  • The first and only group assisted stretching fitness concept offered as a franchise opportunity
  • Leverage this existing awareness and demand in every market and provide a business opportunity for entrepreneurs to enjoy a great margin business
For more information, Click here 
Or call 800-401-9154
THE MAX Challenge
Cash Needed: $55K
Total Investment: $146K-$298K
Current Locations: 102                                 

THE MAX Challenge is a 10-week body and mind renewal system.  This system is designed to make fast and lasting changes to your appearance and overall well-being. "THE MAX" does this by combining nutrition counseling, fitness classes and motivation.  Being part of "THE MAX" is like having a personal trainer, nutritional counselor and success coach.

THE MAX Challenge for the mind, body and spirit inspires everyone NOT to settle for mediocrity and to push themselves to reach personal health, fitness and wellness goals that they have previously considered out of reach.  Many of their members report an increase in energy, confidence and well being; not to mention looking better in a bathing suit!


THE MAX Challenge is looking for franchise owners who are:
  • Outgoing
  • Experienced in Sales or Marketing with Management experience
  • Results oriented
  • Relationship builders
  • Leaders & Motivators
  • Driven to excel
THE MAX Challenge has a low entry fee and is a total turn-key operation with low monthly overhead, consistent revenue stream, and detailed training & support - pre and post opening.  If you're an individual who is passionate about making a difference in other people's lives then THE MAX Challenge is perfect for you!

For more information, Click here
Or call 800-401-9154
Fitness Together
Cash Needed: $80K
Total Investment: $144K-$258K
Current Locations: 144         

Fitness Together offers private and semi-private studios that are dedicated exclusively to helping their clients achieve their individual goals during each training session.
  • No distractions, no waiting for equipment
  • All workouts take place in a private, comfortable atmosphere
  • Personal trainers help use equipment safely
  • Certified personal trainers educate on proper techniques to help achieve maximum results


Fitness Together is a premier, one-on-one personal training studio offering clients a truly custom fitness and nutrition experience all in a private suite setting.  The model is backed by over three decades of experience with continuing evolution of client and trainer technology and intelligence to drive the very best results. 

The Model:
  • Fully-equipped private workout suites (3-4 room setup)
  • Small manageable footprint (1500-1800 sq. ft.)
  • Low overhead (4-6 employees per studio)
  • Genetic testing for comprehensive nutrition programming
  • Client and trainer technology (digital body scanning, automated trainer metrics, heart rate monitor and assessment tools, genetic testing)
The Ideal Candidates:

Fitness Together franchise owners are passionate about helping others, know how to follow a system, and are interested in health and wellness.  With the robust WellBiz Brands, Inc., support structure, you will have the operational tools, data intelligence, technology and the support functions needed for fast ramp and steady growth in your new business with Fitness Together.

For more information, Click here
Or call 800-401-9154
honor yoga
Cash Needed: $30K-$60K
Total Investment: $200K-$300K
Current Locations: 15
                                 
What does honor yoga mean?

Honor: meaning to regard with great respect, to fulfill an obligation, to keep an agreement.

Yoga: Yoga is the removal of the fluctuations of the mind.

Green: the color of life, renewal, nature, and energy, is associated with meanings of growth, harmony, freshness, safety, fertility, and environment.

Honor delivers services so that students can connect in all five areas of a complete yoga practice: physical, intellectual, social, emotional, and spiritual.

 
 
Honor Yoga provides a welcoming, beginner-friendly and accessible yoga experience that fosters and strengthens its community and environment.  Their studios provide an eco-friendly, go green conscious, yoga and meditation experience designed for the masses.  Classes are designed to accommodate everyone regardless of yoga background, ability, disability or age.
 
Studio classes offered are:
  • Traditional: Roots, Gentle, Flow, Core, Power and Heated
  • "Circle of Life": Prenatal, Mommy & Daddy & Me, Kids, Tweens, and Teens
  • Specialty: Aerial, Acro, Therapeutic, Restorative, Yin and Meditation
If bringing yoga to the world is your passion, and you have the leadership skills to manage and own your own studio, honor yoga is looking for you.  They are currently seeking qualified yogiprenuers for new locations throughout the country.
 
For more information, Click here  
Or call 800-401-9154
Master What is an Area Representative or Master Franchise?
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Some franchises have opportunities known as Area Representative or Master Franchise.  An Area Representative Franchise involves the development of a geographic region that can be as small as a single city or as large as an entire state; while a Master Franchise is normally reserved for the development of an entire country.  You purchase the right to develop a designated area and share in the franchise fees and royalties with the franchisor.  You work closely with commercial real estate agents, business brokers and consultants in the development of your area.  The investment needed to secure an Area Representative or Master Franchise opportunity can start as low as $150K depending the franchise, size of the population and the geographic area.
For more information, Click here  
Or call 800-401-9154
Master This Month's Featured Resale
 
Icebox Cryotherapy
Atlanta, GA
$695,000

Most franchise systems offer resales.  To find out what's available in your area, Click here
If you would like to learn more about this month's Featured Business Opportunities or have questions about business ownership, you may contact me directly by calling the number below. 

Sincerely,
Dave Struck 

Dave Struck

Founder/Consultant

Quest Franchise Advisory Group
Direct: 770-910-7767 ext. 101

dstruck@questfran.com 

www.questfran.com 

 

We hope you find our newsletters informative and invite your suggestions and comments by emailing newsletter@questfran.com

 

Our Business Is Helping You Find The Right Business

 

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Big $avings for  U.S. Veterans
As a way of saying "Thank you" to our Veterans, many franchise companies offer our Veterans discounts on franchise fees ranging from 10%-50%. Some also offer discounted royalty fees of up to 50% for your first year in business. Call us and we'll be happy
to match you with a participating franchise.