JETSET Pilates

Given the 128.6% unit growth in the past year and 58.7% 3-year CAGR, what is driving this rapid expansion? Are most new units being opened by existing franchisees or new franchise sales?

The transfer fee of $25,000 significantly exceeds industry norms for fitness franchises. How does this fee compare if a franchisee wants to transfer their business to a family member or sell to another operator?

With an Item 19 financial statement showing median gross sales of $856,138, what are the typical operating costs, profit margins, and net income for a JETSET Pilates location?

The renewal fee is $25,000 with mandatory remodeling required at renewal and no stated cap on remodeling costs. What is the average cost of a mandatory remodel, and are there financing options available?

The ad fund rate is 1.5%, below the typical 2.0% for fitness franchises. How are marketing dollars allocated, and can franchisees see an itemized breakdown of ad fund spending for the past 2 years?

The franchise agreement requires exclusive purchasing from designated suppliers in 15 product categories. Can you provide the complete list of these categories and the approved suppliers, along with pricing data for major items?

The dispute resolution clause mandates binding arbitration in Miami-Dade County, Florida, with waiver of jury trial and class action rights. What is the typical cost and timeline for resolving disputes through this process, and can you provide examples of recent disputes?

The non-compete clause is 2 years and 10 miles. If a franchisee exits, are there any provisions for geographic adjustments based on actual market territory served versus the 10-mile radius?

With zero litigation cases over 3 years despite rapid growth to 16 units, how many franchisees have you had, and has litigation risk increased as the system scales?

The franchise fee is $60,000, and the renewal fee is $25,000. Beyond these, what are all other potential fees a franchisee might encounter (e.g., training upgrades, certification renewals, compliance inspections)?

Given that territory is not exclusive but has encroachment protection, how is encroachment defined and what process exists if you approve a second location in a franchisee's protected territory?

What specific support and training does JETSET Pilates provide at the initial launch, and what ongoing training, marketing support, and operational resources are included versus charged separately?

The lowest-performing quartile of units still generates $552,638 in gross sales. What is the typical rent, payroll, and overhead breakdown for units at this performance level to understand profitability?

Can you explain why the Investment Cost Score is 67 (below typical range of 73-77)? Does this reflect hidden startup costs beyond the disclosed franchise fee, or concerns about capital efficiency?

With the Personal Guarantee clause requiring owners with 10% or greater ownership to sign joint and several liability agreements, are there limits on the franchisor's recourse against personal assets if the franchise fails?

The Operational Control clause reserves the right to set maximum or minimum prices on goods and services. How frequently are price controls implemented, and have they limited franchisee profitability in any categories?

Since the system grew from 4 to 16 units in 3 years with zero closures, what is your current sales pipeline for new franchises, and how many units are you targeting in the next 1-3 years?

Can you provide references from franchisees who opened in each of the past 3 years, including at least one franchisee who has renewed or is approaching renewal?

Are there any pending litigation cases, regulatory investigations, or complaints from franchisees or former franchisees that are not yet reflected in official case filings?