World Gym International

What specific factors contributed to the sharp closure of 11 units in 2023, and have conditions improved since then to stabilize the remaining 20 units?

The System Health score is 0 (well below typical 50-75 range). What support, training, or operational systems are currently in place, and how do you plan to strengthen system health going forward?

Can you provide details on the 2 units terminated in 2023, including whether terminations were franchisor-initiated or franchisee-initiated, and the stated reasons?

Your franchise fee of $25,000 is significantly below industry average ($40,000-$60,000). What investment costs and expenses should a franchisee expect beyond the franchise fee to open a location?

With a 3-year turnover rate of 39.4% and current unit base of only 20, what is your strategy for unit growth and system stabilization?

The non-compete clause extends 2 years and 15 miles post-termination. How frequently is this enforced, and are there examples where former franchisees challenged these restrictions?

Renewal requires mandatory re-imaging, renovation, and refurbishment with 7 specified conditions. What is the estimated cost for a franchisee to renew at the end of the initial 10-year term?

Transfer fee is $5,000, which is notably lower than typical ($10,000-$17,138.50). Are there restrictions on who can acquire a transferred unit, and what approval process applies?

You require franchisees to purchase from approved suppliers in 7 categories. Can you provide a list of approved suppliers and typical pricing compared to market alternatives?

Personal guarantees are required from all ownership holders and their spouses. Under what circumstances would the franchisor call on these guarantees, and are there caps on indemnification liability?

Item 19 financial performance data is not provided. Can you share median or average unit volumes, profitability data, or ranges for units across different market sizes?

What is the current membership size and revenue trends for the remaining 20 locations, and how do these compare to unit performance 1-3 years ago?

The technology fee of $165 monthly is below typical range. What specific technology services does this cover, and are there additional technology costs or software required beyond this fee?

How many of the 4 units that closed in the past year were due to owner financial difficulty versus other factors, and what support was offered to struggling franchisees before closure?

What is the non-renewal rate of 12.5% based on—are franchisees choosing not to renew, or are you declining to renew franchisees, and what are the primary reasons?

The total potential term of 30 years exceeds typical franchise contracts. What are the conditions under which renewal would be denied, and how frequently do renewals occur in practice?

With investment costs starting at $25,000 franchise fee, what is the total initial investment range franchisees should expect, including equipment, buildout, and working capital?

Can you explain the 4 units that ceased operations for 'other' reasons in 2022 and 2024? What circumstances classified them as 'ceased other' versus closures or terminations?

What training and ongoing support programs are provided to franchisees, and how do these align with the Support & Training score of 81 (slightly below typical 82-93 range)?