Education & Training FDD Analyzed

Jovie

Jovie Inc.

Westminster, CO Website FDD: April 25, 2025
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Investment Range

$124,199 - $193,499

Franchise Fee

$49,999

Royalty

5%

Marketing Fee

4%

Total Units

182

Median Revenue

Unit Growth

Last 5 years

2022

191

-2.6%

2023

186

-2.2%

2024

182

Initial Investment Breakdown

CategoryLowHigh
Initial Franchise Fee$49,999$49,999
Initial Marketing and Recruiting$20,000$20,000
Construction and Remodeling$0$12,000
Furnishings, Equipment, Supplies and Technology$3,600$14,300
Signage$600$6,000
+ 4 more categories (apply to see all)
TOTAL INVESTMENT$124,199$193,499

Financial Performance Data

Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.

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Franchisee Contact Directory

59

Connect directly with existing franchise owners to learn about their experience, get real insights, and validate your decision.

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Is Jovie a Good Investment?

Based on the FDD data, here are key factors to consider when evaluating a Jovie franchise opportunity:

Potential Advantages

  • Growing network with 182 locations
  • Competitive royalty fee of 5%
  • Financial Performance Representation (Item 19) available for review

Considerations

  • Declining unit count may indicate market challenges
  • Litigation history disclosed in FDD (review Item 3 carefully)

Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.

Frequently Asked Questions About Jovie

How much does a Jovie franchise cost?

The total initial investment for a Jovie franchise ranges from $124,199 to $193,499. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.

What is the Jovie franchise fee?

The initial franchise fee for Jovie ranges from $49,999 to $49,999.

What are the ongoing fees for a Jovie franchise?

Jovie franchisees pay a 5% royalty fee and a 4% marketing/advertising fee on an ongoing basis.

How many Jovie franchise locations are there?

Jovie currently operates 182 franchise locations. This includes both franchised and company-owned units.

Quick Facts

Litigation Disclosed
Bankruptcy None
Protected Territory Yes
Item 19 (FPR) Available
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  • Franchisee contact directory
  • Historical year-over-year trends
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  • Download FDD documents

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