WHAT YOU CAN EARN IS UP TO YOU!
The beauty of a Busylizzy® franchise is that you’re in complete control of your financial future. You’ll know exactly how much money you’ll have each month, because the majority of your customers will be monthly contracted members. This provides huge financial security and builds your business into a very valuable asset. Rather than set out theoretical projections, in line with best franchising practice we prefer to relate to actual track record. When you are at the business plan stage (see next steps), we will provide, in confidence, detailed financial information based on up-to-date trading performance and network average costs and revenues to assist with your business planning.
RESIDUAL INCOME… IT’S LIKE A GIANT SNOWBALL!
A recurring monthly membership model is the business model of choice amongst entrepreneurs. A membership model sells to its existing customers again and again. Although you will need to jump through challenging hoops to win the very first sale – you will find that sale number two (the subsequent monthly payments) are much simpler yet just as fruitful. A Busylizzy® membership is for online and studio classes, giving you financial security. You can watch your membership base of studio and online members grow and predict future revenue potentials. Retaining your members with a suitable timetable of classes and excellent customer experience combined with strong new membership sales and your personal flare will ensure your club grows month on month.
EXTRA REVENUE STREAMS… IT’S IN YOUR HANDS!
Not satisfied with just your monthly online and studio membership revenue? No problem… each club has additional revenues streams to tap into. These include party bookings, personal training, events/talks and advertising opportunities from other local businesses. This is where relationship building and networking within your local area pays dividends. The more time and effort you put in, the greater your level of return.
A big advantage of owning a busylizzy club is that you can build a thriving business and when the day comes that you wish to leave, you have the option of cashing in what you have built rather than just walking away. You could sell your business to either a new or existing operator who is interested in growing their business or back to us as a going concern. What this means is that you are not just earning a stream of profits from owning your own busylizzy club but at the end of the day you could have a nest egg to cash in as well.
Whilst you would ultimately be responsible for the sale of your own businesses, we have lots of experience in this area and can give you guidance on the various selling options, valuing your business and navigating the process of the sale.