Ever heard the term that turnover is vanity and profit is sanity?
Well here's a real life example of that statement in practice. These are real world figures experienced by one of our Directors. Scarily enough this was more than a decade ago, we dread to think what this would look like now with ever escalating lease costs! The end result was working more and more hours and inflating the prices to the client so much that business became unsustainable.
Initial Setup | Centrally Located PT Studio | TLG Franchise |
---|---|---|
Lease Deposit (6 Months) | £12,000 | £0 |
First Months Lease | £2,000 | £0 |
Legal Costs | £1,000 | £0 |
Refurb Cost | £8,000 | £0 |
Kit & Equipment | £5,000 | £0 |
Branding | £2,000 | £0 |
Initial Makreting | £4,000 | £1,500 |
Initial Franchise Fee | £0 £34,000 | £12,000 £13,500 |
Ongoing Monthly Costs | ||
---|---|---|
Lease | £2,000 | £0 |
Business Rates | £1,000 | £0 |
Electricity | £140 | £0 |
Water | £20 | £0 |
Broadband | £35 | £0 |
PPL License | £25 | £0 |
Contents Insurance | £20 | £0 |
Phone Line | £12.50 | 5 |
Public Liability Insurance | £20 | 10 |
Refuge Collection | £75 | £0 |
Franchise Fee | 0 £3,347.50 | £480 £495 |
Total Weekly Sessions | £40 | £40 |
Total Monthly Revenue | £3,628 | £3,628 |
Total Monthly Gross Profit | £280.50 | £3,133 |
ROI Timescale (Months) | 121.2 | 4.3 |
Total First Year Profit | £3,366 | £37,596 |
Train Learn Go, as you can see, was the evolution of his huge and, in some ways unfortunate experience. The whole purpose of buying a franchise is to bypass the incredibly costly mistakes that we would all make and to get all of the tools you need to succeed without any of the long, hard grind.
Train Learn Go provides an average ROI of just 4 months and a very healthy first year gross profit to boot. Add more staff to your team and your income keeps climbing with your fixed overheads remaining static. With the initial £12000 (£10,000+VAT) investment including absolutely everything you need to run, manage and market your TLG business we honestly believe this is one of the most financially sound business models in its price range!