14 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
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The total initial investment to open a Studio 6 franchise ranges from $197K to $9.2M (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Studio 6 is $25K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Studio 6 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a Studio 6 franchise requires a physical location (2024 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisStudio 6 charges a royalty fee of 5.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Studio 6 franchise is approximately 8.0% of gross sales (2024 FDD). This includes the royalty fee, a 3.0% marketing/advertising fund contribution, a $300/month technology fee, and other recurring charges.
View full fees analysisStudio 6 has been involved in 2 litigation cases over the past 3 years (2024 FDD). There are currently 1 pending cases. There are no class action lawsuits pending.
View full litigation analysisNo, the Studio 6 franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisStudio 6 offers protected territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales rights are shared between the franchisor and franchisee.
View full territory analysisStudio 6 currently operates 273 locations (2024 FDD) (273 franchised, 0 company-owned). The system grew by 13.8% over the past year. The 3-year compound annual growth rate is 15.1%.
View full growth analysisThe 1-year franchisee turnover rate for Studio 6 is 4.0% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisThe initial franchise agreement term for Studio 6 is 15 years (2024 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 25 years.
View full contract analysisStudio 6's post-termination non-compete clause restricts former franchisees from operating a competing business for 0 years within 0 miles of the former location (2024 FDD).
View full legal analysisNo, Studio 6's franchise agreement does not require mandatory arbitration (2024 FDD). Disputes may be resolved through litigation. The agreement includes a jury trial waiver.
View full legal analysisYes, Studio 6 provides site selection assistance to help franchisees find the right location (2024 FDD). The franchisor also provides technology support and systems.
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