Club Pilates FDD – Franchise Information, Costs and Fees
Type of Business
The franchise is the right to develop, own and operate, as part of the Club Pilates® system, a fitness studio that provides Pilates and other specialized exercise classes using designated equipment.
Corporate Information
Club Pilates Franchise SPV, LLC is a Delaware limited liability company formed on March 6, 2023. They acquired from Predecessor Club Pilates Franchise, LLC, and currently own, the Marks and other intellectual property related to the development and operation of Studios and the Club Pilates system. They began selling franchises for Studios as of April 4, 2023. 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. Their principal business address is 17877 Von Karman Ave., Suite 100, Irvine, CA 92614. Club Pilates® franchises were first offered in September 2012 by Club Pilates Global, LLC who continued offering franchises for the brand until March 2015. In March 2015, their affiliate, Club Pilates Franchise, LLC (Predesessor) acquired from CP Global all rights, title and interest in and to the Club Pilates franchise system, trademarks and other intellectual property. From March 2015 through March 2023, franchises for Club Pilates-branded studios were offered by Predecessor.
Investment
The total investment necessary to begin operation of a Club Pilates studio is $196,525 to $458,575, which includes $77,500 to 78,900 that must be paid to franchisor or its affiliates. You 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 $281,525 to $543,575, which includes (a) the total initial investment to begin operation of your initial Club Pilates studio, less the initial franchise fee, and (b) a development fee of $150,000 which must be paid to franchisor or its affiliates.