Get in Touch
Interested in buying a franchise? https://www.empirespod.com/buy-a-franchise
Considering selling your franchise locations? https://www.fdcapitalgroup.com/
Description
In 2016, Jon left a secure family business to invest in a then-emerging boutique fitness concept: Club Pilates.
Less than a decade later, he owns 48 studios across three states and recently partnered with private equity to scale toward 100 locations.
In this episode, we discuss:
- The early unit economics of Club Pilates
• How his first studio became cash-flow positive in under two months
• Labor, rent, and margin targets inside a boutique fitness model
• The operational realities of scaling to 24+ units
• Why debt became harder to secure — and what triggered the private equity decision
• How franchise consolidation works in fragmented systems
• What private equity actually changes inside a growing business
This conversation is a deep dive into franchise scaling, capital strategy, and disciplined growth in brick-and-mortar businesses.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit empirespod.substack.com
Information
- Show
- PublishedFebruary 19, 2026 at 11:00 AM UTC
- Length1h 1m
- RatingClean
