Madabolic
Group strength training- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$328K - $616K
- Units as of 2023
-
27 145.5% over 3 years
Created by Brandon Cullen and Kirk Dewaele, MADabolic has a presence in multiple states in the U.S., mainly on the East Coast. MADabolic is focused on providing innovative strength training to their clients, as the founders are said to be frequently developing innovative training methods to apply at MADabolic.
The main priority of MADabolic is the personal improvement of their clients. They monitor each person’s efforts and evaluate their techniques. The MADabolic team uses constructive adjustments to achieve sustainable and long-term results.
MADabolic’s training program is strength-driven, with an interval system between the workouts. In addition, the company is focused on structure, building a one-year plan for each client.
MADabolic began franchising in 2012 and is actively seeking to expand its reach.
Why You May Want To Start a MADabolic Franchise
Considered to be one of the first of its kind with an interval and strength-driven program, opening a MADabolic franchise may be a good idea for people who think outside the box, are into fitness and health, and embrace innovative ideas.
There’s no need to have previous experience in the strength training field to open a MADabolic franchise.
If awarded a franchise, franchisees receive a great deal of support from the MADabolic brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and efficient operating systems. MADabolic franchisees may also receive hands-on training and continued support after opening their franchise location.
What Might Make a MADabolic Franchise a Good Choice?
MADabolic offers an innovative fitness method, which may provide its clients with a combination of planned workouts and a proper nutrition process. MADabolic headquarters, located in Charlotte, North Carolina, may offer franchisees expertise within the fitness industry, education and training, and strong market support.
The health and fitness market has already reached more than $25 billion. Opening a MADabolic franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
How To Open a MADabolic Franchise
当你决定是否打开MADabolic特许经营the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a MADabolic franchise would do well in your community.
To be part of the MADabolic team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement, it is crucial that you perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the MADabolic franchising team questions.
Company Overview
About Madabolic
Industry | Health & Wellness |
---|---|
Related Categories | Fitness |
Founded | 2011 |
Leadership | Brandon Cullen, Cofounder & Chief Concept Officer |
Corporate Address | 2610 South Blvd. Charlotte, NC 28209 |
Social | Facebook,LinkedIn,Instagram,YouTube |
Business Overview
Franchising Since | 2012(11 years) |
---|---|
# of employees at HQ | 9 |
Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees in the following international regions: Canada, Mexico |
# of Units | 27(as of 2023) |
|
Information for Franchisees
这是你需要知道你是否感兴趣in opening a Madabolic franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$45,000 |
---|---|
Initial Investment |
$327,700 - $615,850 |
Net Worth Requirement |
$250,000 |
Cash Requirement |
$150,000 |
Royalty Fee |
6% |
Ad Royalty Fee |
1.5% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Madabolic has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 7 hours |
---|---|
Classroom Training | 17 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Madabolic.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
McDonald's Just Announced 'Free Fries Fridays.' Here's How to Get In On the Deal.
The fast-food giant is giving away its most popular item—with a few conditions.
Millennials Are Getting Too Old for Crypto's Volatility. Many Are Moving to Franchising as a Safer Option.
After years marked by scandals and seeing their peers losing their life savings in Ethereum, many Millennial investors are looking for an alternative to crypto — and finding it in franchising.
Net Worth Calculator for Franchises
Use this financial tool to help you along on your franchise journey.
The 6 Key Metrics Successful Franchise Restaurants Use to Measure Potential
Here are six metrics that top franchise restaurants use — that you can use as well — to determine the potential of a new project and whether it's worth their time.
Micha Magid of Mighty Quinn's BBQ Says Restaurants Need to Break the Mold When It Comes to Franchising. Here's Why.
Mighty Quinn's BBQ co-founder Micha Magid discusses scaling a business, building a restaurant tech stack, and abandoning a one-size-fits-all approach to franchising.
A Popular Pizza Chain Is Giving Away Free 'Emergency Pizzas' to Anyone Having a Not-So-Great Day
Accidentally burn your dinner? Rough day at work? A new promotion from Domino's Pizza might help.