How much is a THE DAILEY METHOD franchise?


If you're wondering "how much is a THE DAILEY METHOD franchise," then you probably have many other questions you want answered before you become a franchisee.

Owning a THE DAILEY METHOD franchise is far from a no-risk venture but closely following the rules and regulations set out by the franchisor will increase your chances of success. A THE DAILEY METHOD franchise can be a profitable investment with the proper determination, expertise, and a favorable market.


Brand Name: THE DAILEY METHOD
Industry: HEALTH & FITNESS
Sector: FITNESS CENTERS
Industry Type: NON-FOOD

Estimated Initial Investment:
Maximum: $324500.00
Minimum: $175850.00
Average: $250175.00
*Investment (from Item 7 of FDD)
 



It’s a challenge to own a successful THE DAILEY METHOD. However, the process will hit fewer roadblocks with substantial research and a methodical analysis of your options.

Don’t let your enthusiasm for THE DAILEY METHOD goods or services determine your decision to become their franchisee. That enthusiasm, while it’s a good thing, can only go so far. For example, your love of donuts shouldn’t automatically limit you to open a Dunkin Donuts.

You should approach the franchise opportunity with a business mindset, weighing the pros and cons, and analyzing your personal skill set. Research is paramount during the process of assessing the THE DAILEY METHOD franchise. THE DAILEY METHOD will provide you with the detailed information on becoming a franchisee.

But in order to obtain concrete information on the actual franchise process it’s essential to talk to THE DAILEY METHOD franchise owners. You will need an experienced and trusted franchise advisor to guide and support you through the process.

It’s important to evaluate your personality traits and skill set. Are they compatible with the THE DAILEY METHOD franchise? Owning a franchise is a very different experience depending on the brand. For instance, if you don’t want to interact with others on a regular basis, avoid retail franchises. If you gravitate towards nurturing others, a senior care franchise could be a good fit.




Carefully read the THE DAILEY METHOD Franchise Disclosure Document (Also known as an FDD).

This document is the F. T. C. mandated disclosure document that gives you a wealth of information about the franchisor. The form and composition of the document is standard with any franchisor and must include information on various topics of interest to you. The major subject areas include:

  • The history of the franchise and its officers and directors.
  • A complete description of the business to be franchised.
  • All costs and fees that you will be subject to under the agreement.
  • All obligations of either party to the other during the term of the agreement and thereafter.
  • Any relevant litigation history of the company or its officers.
  • Any business failures, ownership transfers, franchise agreement terminations or other potentially adverse information relating to the success rate of the existing units in the system.
  • Audited financial statements for the previous three years for the franchise company.
  • A list of the existing franchisees.
  • A complete copy of the actual franchise agreement document is usually attached to the FDD but may be provided under separate cover at the option of the franchisor.

A few franchisors also include a financial performance representation (commonly referred to as an earnings claim) in the FDD document. Though they are not required to do so, this can be a real time saver for you if it is included. Even if it is included in the FDD, it is still imperative that you discuss this subject with franchisees during your fact-finding calls and visits.



 






Talk to at least five THE DAILEY METHOD franchisees owners.

The most valuable source of information on any franchise system is the existing franchisees. You need to plan on calling and, when possible, visiting a number of the existing franchisees during your investigation. It sounds almost trite but whatever you find the prevailing attitude of the existing franchisees on any issue to be, it would almost certainly be your attitude on the issue as well if you decide to become a franchisee. Visit with a sufficient number of the existing franchisees to ensure you have a sense of the prevailing attitudes of the group.




 


Although you want to find the overwhelming majority of franchisees to be happy and supportive of the franchisor, it is important to try to find an unhappy franchisee during your investigation. When you do, not only listen to the complaints but also try to determine what makes this franchisee different from the rest. If you find you identify with the positive ones and feel the negative franchisee is not like you, then you should be fine. If you find that you are more like the person who is unhappy however, this is probably not the right franchise for you.

These are just some of the steps you will take as you do your due diligence for THE DAILEY METHOD franchise.


This web site and the information contained herein does not constitute the offer or sale of a franchise. There are certain states that require the registration of a FDD before the franchisor can advertise or offer the franchise in that state. This franchise may not be registered in all registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states. The offer and sale of a franchise can only be made through the delivery and receipt of a Franchise Disclosure Document (FDD).