Performance 360
- Description
Performance 360
ORIGIN STORY
Opened in 2011 by Dave Thomas and Bryan Pritz, two former college baseball teammates who set out to create a completely unique experience in group fitness. One based on physique-focused strength, not calorie burning, not competition.
2011: Founded in an 1,800 SF spare boathouse in Mission Beach, San Diego.
2015: Filled rapidly, opened 2nd location in 2015*, then a 3rd in 2018, and 4th in 2019.
2021 :Post COVID pandemic, decided to franchise after a successful COVID era.
*This location was later closed and rolled into another location for geographic strategic purposes.
WHAT IS P360?
Physique-focused group strength training.
Not calorie chasing.
Not competition.
WHY P360 WORKS?
Specific daily focus.
Not random workouts.
No fluff movements.
WHY P360 DIFFERENT?
A focus on building.
Not burning.
EXECUTIVE TEAM
DAVE THOMAS, CEO fitness & culture
12+ years of micro gym ownership and brand strategy leadership. Creation and implementation of workout design, coaching standards, and class experience.
BRYAN PRITZ, CDO data & tech
12+ years of financial analysis, software architect, key behavioral data and metric gathering, marketing and acquisition automation, and retention best practices.
LENNY WEINER, COO ops & training
P360 member to executive. Operations background that includes fitness ownership and management, pharmacy, and storage unit ownership.
ASHLEY PRITZ, CCO chief community officer
Director of operations for HQ, 5+ years building P360 community network and events, managing a team of 15+ and behind the scenes operations.
JOHN MAIN director of coaching development
20+ years in group coaching, former big brand seminar staff lead coach, Director of P360 Coach Academy.
THE PERFORMSNC 360 FRANCHISING ADVANTGE
- VERY LEAN START-UP
- WORK DIRECTLY WITH EXECUTIVE TEAM
PROPRIETARY BUSINESS MANAGEMENT TECHNOLOGY
- IN-HOUSE COACHING DEVELOPMENT
- AUTOMATED MEMBER TECHNOLOGY
- MONTHLY MENTORSHIP
- 100% UNIQUE SERVICE OFFERING
- PRE-LAUNCH MEMBERSHIP SALES
Performance360 is the only brand in all of group fitness to have developed our own proprietary business management software.
FULLY IMMERSIVE SUPPORT
- SITE SELECTION
- LEASE NEGOTIATION
- CONTRACTOR BUILD OUT
- HIRING & TRAINING
- PRE-OPENING TRAINING & SUPPORT
- MEMBERSHIP SALES
- FINANCIAL ANALYSIS
- STAFF MANAGEMENT
- SECONDARY REVENUE STREAMS
HIGHLY ORGANIZED OPERATING MODEL
- “ZONES” BASED CLASS FLOW MODEL
- DETAILED CLASS ORGANIZATION
- COLOR CODED DAILY WORKOUT MAPPING
- DAILY NOTES DELIVERED STRAIGHT TO COACHES
- TEAM-BASED TRAINING
- SINGLE CLASS OFFERING & BRAND FOCUS
- VIDEO RESOURCE LIBRARY
WORLD CLASS COACHING DEVELOPMENT
- VIRTUAL BASED COACHING UNIVERSITY
- FINAL EXAMS
- DEDICATED HANDS-ON HIRING HELP
- WEEKLY COMMUNICATION DIRECT-TO-COACHES
- DAILY NOTES & COACHING VIDEOS
- RIGOROUS BRAND STANDARDS
- COACHING LEVELS 1, 2 AND 3
- ANNUAL IN-PERSON COACH ACADEMIES
- CAREER-MINDED FOCUS
TECHNOLOGY DRIVEN
- ADVANCED PROPRIETARY BUSINESS SOFTWARE
- AUTOMATED TRIAL CONVERSION SYSTEM
- EMAIL & TEXT MARKETING
- IN-HOUSE MEMBER PROGRESS TRACKING
- PROVEN PRE-LAUNCH “BEST IN CLASS” MARKETING PARTNERS
- BRAND VIDEO MARKETING LIBRARY
P360 TECH
ONE STOP BUSINESS MANAGEMENT
MEMBERS
DIRECT JOINS VIA APP CLASS SCHEDULING MEMBERSHIP UPDATES PROGRESS TRACKING
OWNERS
FINANCIAL SNAPSHOT DATE AND KEY METRICE TEAM COMMUNICATIONS BUSINESS MANAGEMENT
COACHES
AUTOMATED WORKOUT DELIVERY DAILY COACH’S NOTES MOVEMENT VIDEO LINKS
2 years and over $125,000 have been invested into our own custom business software that is 100% proprietary and custom engineered exclusively for Performance360 owners. This advantage is offered by zero other concepts in group fitness.
INITIAL INVESTMENT
Initial Franchise Fee : $49,000
Facility Buildout : $50,000
Fitness Equipment :$50,000
Flooring: $15,000
Security Deposit: $10,000
Grand Opening Marketing: $10,000
Signage: $500
Furniture & Fixtures: $3,500
Inventory & Supplies:$3,000
Utility Deposits: $250
Professional Fees:$2,500
Insurance: $1,400
Pre-Opening Training: $2,500
Operating Cash on Hand: $50,000
TOTAL MINIMUM INVESTMENT: $247,650
Expected investment range between $247,650 – $410,500 depending on location and scope of work. 2022 estimates subject to change and supply chain variance.
Exact investment range listed in Item 7 of FDD upon request. This franchise offering is not being offered by us or by anyone acting on our behalf or with our knowledge to residents of (nor is it otherwise specifically directed to any person in, nor will any franchise or business opportunity be located and/or sold in) California, Connecticut, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington or Wisconsin, until the offering has been registered and declared effective and an approved disclosure document has been properly delivered to the prospective franchisees.
UNIT PERFORMANCE
INITIAL FRANCHISE INVESTMENT : $247,650 -$410,500
NET CORPORATE SINGLE LOCATION PROFIT : $147,427 -$283-682
1: Per Item 7 found in our Performance360 Franchise Disclosure Document. Exact range may be subject to specification market, location, building and cost of supplies.
2: Per Item 19 found in our Performance360 Franchise Disclosure Document. These figures are for our corporate owned stores with the following franchisee expenses applied to them: 7% sales royalty, 0.5% marketing fund, $500 per month technology fee. Exact figures can be seen in our Item 19 of the Performance360 FDD.
3- PART GROWTH METHOD
ATTRACT
- “NO HASSLE” CLASS TRIAL
- 1st MONTH DISCOUNT
- PROVEN SALES CONVERSION TRAINING
KEEP
- GOAL ORIENTED TRAINING CYCLES
- ACHIEVEMENT CLUB LEVELS
- TEAM FOCUSED WORKOUTS
GROW
- INCLUSIVE CULTURE
- HIGH RATE OF REFERRALS
- ONGOING IN-HOUSE MENTORSHIP
To get started, please fill out the franchise form.
Details
Business Name: | Performance 360 |
Contact Phone: | 978-886-7908 |
Contact Email: | [email protected] |
Franchise Fee: | $49000 |
Initial Investment: | $247,650 |