The Barre Code
The total investment to open a The Barre Code franchise ranges from $198,500 to $515,000. The initial franchise fee is $39,500. Ongoing royalties are 6% plus a 2% advertising fee.
What is the The Barre Code franchise?
The Barre Code is a fitness studio offering barre exercise classes. Estimated total initial investment is $198,500 to $515,000, and the initial franchise fee is $39,500.
The ongoing royalty is 6 percent of sales, and the advertising or brand fund fee is 2 percent. The company is headquartered in Chicago, IL, and was founded in 2010.
Loan Activity Score
28/100
SBA Default Rate
12.5%
Active Lenders
9
According to its Franchise Disclosure Document or public business records, The Barre Code has 11 locations, all owned by franchisees. Public SBA loan records show 9 lenders made 16 loans to franchisees of The Barre Code. PeerSense calculates The Barre Code's score as 28 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 2010 · 11 locations
$198,500 to $515,000
$39,500
11
11 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for The Barre Code
16
Total SBA loans
$102K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for The Barre Code
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
12.5%
vs 10.8% peer avg
SBA Loans
16
Total Volume
$1.6M
Active Lenders
9
2 selective
States
10
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for The Barre Code based on SBA lending data
SBA Default Rate
12.5%
1.7% above peer avg
SBA Loan Volume
16 loans
Across 9 lenders
Lender Diversity
9 lenders
Avg 1.8 loans per lender
Investment Tier
Significant investment
$198,500 to $515,000 total
The Barre Code: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2018
8 approvals. The best year on record for The Barre Code.
Top SBA State
Ohio
3 SBA financed The Barre Code locations, the densest operator footprint.
Average Loan Size
$105K
Median $150K. Use as a sizing anchor when modeling your own The Barre Code unit.
Lender Concentration
58.9%
Concentrated
Share of The Barre Code approvals captured by the top 3 SBA lenders.
The Barre Code's SBA lending pipeline peaked in 2018 (8 approvals). The last five fiscal years account for 6% of cumulative volume ($40K approved). Operator density is highest in Ohio with 3 SBA financed locations. Average funded ticket sits at $105K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 58.9% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$2,055
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
The Barre Code, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman