What You Should Know When Considering Investing in a Lindora Franchise

Investing in a Lindora franchise offers a unique opportunity to be part of a well-established and rapidly growing brand in the health and wellness industry. With over 50 years of experience and the backing of Xponential Fitness, Lindora provides franchisees with a proven business model, extensive training, and ongoing support that sets it apart from other franchises. You don’t need prior business ownership or medical expertise to succeed; Lindora's proven systems, process and robust support system are designed to set you up for success. Lindora offers a membership-based model that ensures recurring revenue, positioning it as a strong investment in the growing weight loss and wellness sector. With rising demand for weight management and metabolic health services, Lindora is poised for continued growth, making it an ideal opportunity for investors seeking to tap into this thriving market.

Investing in a franchise is a big decision, so you’ll want to be well informed. 1851 Franchise spoke with Lance Freeman, CEO of Limitless Franchise Growth which represents Xponential’s franchise development, to find answers for the top 10 most frequently asked questions about franchise ownership with the brand. Here’s what he had to say.

1851 Franchise: Do I need previous ownership experience to open a Lindora? Do I need to be a doctor or medical expert?

Lance Freeman: Most people that buy franchises have never owned or operated a business before, which is why they look to that model. We have a proven system and processes in place with extensive support so it's up to you to take those processes, execute and be successful. They don’t need to have prior business ownership experience.

You don’t need to be a doctor — you can come from corporate America — but what we do look for is someone with general business acumen who can manage the manager, etc. The business model has the opportunity to contract with a couple of medical service providers that handle the medical oversight piece, so they don’t need that background. 

1851: What sets Lindora apart from other health and wellness franchises in the industry, and why should potential franchisees consider this brand over others?

Freeman: Lindora is a bit of a unicorn. Most emerging brands have only been operating for a few years and are new to franchising, but Lindora is different. We are a 50-plus-year-old brand, which is amazing in itself. Now, we're backed by Xponential, a company with a wealth of knowledge, having opened over 3,000 retail locations and supported by thousands of franchisees across eight brands. That's a huge asset — having the experience of “been there, done that.”

The core of our business is membership-based, providing recurring revenue. Once people engage in the program, they usually stay.

1851: What are the sizes of the territories, and is my area available?

Freeman: Usually, when you work for a brand this sophisticated, territories are gone. But with us, we have the backing and we have the entire country wide open. You can get into those best market areas. We also provide territory protection and size is based on a variety of local factors including population density and demographics of an area.

1851: Why should I join the weight loss and wellness sector?

Freeman: This industry is on fire right now. Lindora is the only nationally franchised model focused on metabolic health and wellness with this comprehensive suite of services, including GLP-1 for weight loss and hormone replacement. We're seeing astronomical growth in this sector and are on the front end of where it's headed. The timing is perfect — a perfect storm.

1851: How much does it cost, what fees are involved and how much can I make?

Freeman: The initial franchise fee is $60,000. The total estimated initial investment ranges from our item 7 are $272,350 to $491,750. Some of the fees involved include a royalty fee of 7% of gross sales, a contribution to the marketing fund of 2% of gross sales, and a staff training fee of $5,000 per group of required trainees.

1851: How many Lindora locations are there?

Freeman: There are 31 Lindora locations currently.

1851: What kind of support and training can new Lindora franchisees expect from the corporate team, especially during the initial setup and early operations?

Freeman: One of our special sauces is the support we provide to our Lindora franchisees, which is above the franchising standard. Typically, franchisees don’t have a team that has negotiated 3,000+ leases and opened 3,000+ stores to assist with the real estate process. Other franchisors might give you some SOPs, connect you with a broker and give you a nice pat on the back, leaving you on your own. But real estate presents many challenges, and we understand that. In any retail business, the two biggest challenges are real estate and employees. That’s why having support at an exponential level is so crucial. We have relationships with every institutional landlord in the country, and they love our brands.

When it comes to staffing, we can also help. We have a recruiting process that assists in hiring every employee in the business, from labor in the back end to the front end. We can even make recommendations on proper hires. Ultimately, it’s the franchisee’s decision who they hire, but those who follow our recommendations tend to do much better. The more support we provide to franchise partners, the more we both win.

1851: What does the training look like?

Freeman: We invested in a 40,000 square foot campus for training near our headquarters and we are constantly having training sessions every month. There are typically two to three different types of training going on every single day. The training platform itself is incredibly robust — we have digital platforms for franchisees so they can get access to their KPIs. Ongoing training is also critical — it's not just one training process when you start; it’s ongoing support and training that we provide to ensure our franchisees can continue to see ongoing success through weekly and monthly recurring calls, webinars, trainings, and one-on-one support

1851: How long do franchise agreements last?

Freeman: The initial term is 10 years, split into two five year renewals. 

1851: Do I need to quit my job? Is it a full time business?

Freeman: No, you don’t have to quit your job - we have a “manage the manager” approach so you are not there every day. But that does not mean you just sit back and watch money come in. Our typical franchisee is awarded a three-unit development area, so this is highly scalable. We have many franchisees who have kept their day jobs and built this in parallel because they follow our recommended “manage the manager” approach. That is very doable. 

To find out more information on costs to buy this franchise, please visit https://1851franchise.com/lindora.