Over the last couple weeks we have been working very hard to get one of our franchisees’ lease completed. There were a few hang ups on the deal as the HVAC system and a few other issues with the space were not quite up to par with the illuminate gym standards. Late yesterday we were informed that the landlord was okay with making the appropriate changes to the space and they also warrantied the HVAC system for our future franchisee.
This is an exciting time for our franchisee as they begin to look forward at the beginning of their career as an illuminate gym owner. At the end of the day we all feel confident in what we have done as a franchise to help our franchisee get the best real estate deal possible. The real estate deals out their in our current economy is incredible because today future tenants have more leverage than I have ever seen. Many people look at this time as a scary time to start a business but as an entrepreneur I believe there has never been a better opportunity to take hold of an opportunity of a lifetime. When the market completely turn in 2010 the deals we are seeing now will no longer exist. A business is an investment just like the stock market. And just like the stock market it’s bad to start making your investments when the market is at its highest point. In other words, I don’t think there has ever been a better time to buy into a franchise unit. Even here at illuminate gym we are finding ways to make our model more affordable for future entrepreneurs as we are committed to our partners long term success rather than our short term success. If you are interested in hearing more about the franchise opportunities then please check us out at www.illuminategym.com/franchises.php. Thanks so much for reading and have a healthy day.
Tags: CO, Colorado, franchise, franchise opportunity, franchise unit, franchisee, Greenwood Village, gym, illuminate gym, landlords, market, real estate, tenant, tenants
So exciting to see that your franchise unit is starting to take off.