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General admission to just one club can start as low as $20 per month and go as high as $59.95 in some locations. Lead Assigning Editor | Small business finances, investing, banking. has over 1,100 studios in 49 U.S. states and 22 countries internationally (they started in 2010, for some context about just how quickly theyre growing). Learn more about the cost and facts now! In addition to offering their signature classes, Pure Barre studios also generate revenue through teacher training and selling premium workout clothes. Reminder: Your username and password are case-sensitive. For now, there is still huge demand for gyms and fitness centers. We may receive a commission for leads generated from our site. ComForCare is your chance to own a senior home care franchise business that, Join the #1 Estate Sale Franchise in the U.S.! It was invented by Doug Brendle, who originally intended to sell it to individual consumers, but then sold the rights to a group of partners who wanted to form a fitness franchise of studios where people can use the apparatus under the guidance of trained instructors. Even following the COVID-19 pandemic, franchised fitness facilities are doing healthy business and employing over 155,000 people. Customers can choose one-on-one 25-minute or 50-minute stretch sessions, or participate in group stretches. After investing more than 45 years in building the most trusted brand in health and wellness, The Vitamin Shoppe is now franchising with only 234 exclusive territories available. Crunch Fitness is the place to go for people who want edgy, off-the-wall offerings that include Electro Stretch, Twerkout, Badass Bootcamp, Hip-Hop Aerobics, Co-Ed Action Wrestling, and Cyked Yoga Cycling. Considering its massive brand recognition, the initial investment required to open a UFC Gym franchise is relatively low. Great Income Potential! Founded in 2002 by Eric Casaburi and franchising since 2006, the number of locations currently stands at 89 (down from the previous total of 104), of which none are company-owned and all are located in the US. Yes, World Gym offers comprehensive support for franchisees. And for the older crowd, the more private setting is way preferable to any kind of loud, crowded, intimidating gym scene. Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. Konami Sports & Fitness - $609m. The chain knows a lot about its more than 12 million members, and wants to leverage that data into giving them even more value. The Camp Transformation Center is a weight-loss fitness chain with a strong motivational component based on a positive, you-can-do-it message but with a dose of no-excuses tough love thrown in for good measure. In tough economic times, a novel workout style may be an effective way to stand out, though it will be important to keep prices down where possible. Even more reason to consider investing in a gym franchise? With 73.6 million consumers making over 6 billion trips to health clubs, studios, and gyms in a year, prospects for the industry looked good in 2019, but then came the disruption. Founded in: 1976 Franchising since: 1982 Franchise units: 200+ Initial investment: $762,200 - $3,212,500 Royalty Fees: $1K/mo. You have reached the maximum of . Row House set out to redefine rowing as a fitness activity anyone can do, and by all accounts they are succeeding. Disclaimer: NerdWallet strives to keep its information accurate and up to date. According to their website, Pure Barre is the oldest and most established barre studio out there. Anytime Fitness also prides themselves on engendering a supportive environment for members and they prioritize employee wellness. We have streamlined nearly every aspect of our business model and operations to maximize your time, energy and profits! ? Crunch isnt quite as widespread as Planet Fitnesscurrently, they have 300+ open locations in 29 states and five countriesbut with plans to open an additional 1,000+ locations, theyre growing quickly. Build a Better Community with a Turnkey Opportunity.Join the largest network of hemp extract retail owners worldwide and enjoy the perks of owning your own successful business while making a difference through partnerships, community, education, experience, and the highest quality products. She is based in Santa Monica, California. Self-motivation is great, but a team to support you is even better. No spam, just good, helpful information for aspiring entrepreneurs. They also offer financing via 3rd party as well as a discount for veterans (Offer varies). The chains 45-minute group classes are capped at 20 participants and use HIIT-style training with two highly-trained coaches in every session. Pre-qualified offers are not binding. With our low start up fees and minimal operating costs, there is no other sports franchise that can even come close. 282/9A, Kotte Road, Nugegoda, Sri Lanka: Telephone +94114641258: SUBSCRIBE NOW We are dedicated to keeping the business model simple and the cost of entry low. At World Gym, youll find a positive, encouraging atmosphere. Sessions also make use of both static and dynamic stretching. The Jimmy John's of lab testing, this franchise brand is disrupting the industry with one of the lowest breakeven points for a brick-and-mortar weve ever seen. Founded in 2010 and franchising since 2012, the number of locations declined to the last known total reported in 2017 of 38, of which 8 were company-owned and all of which were located in the US. I prefer not to provide my Available Cash to Invest, but I do have access to the Minimum Cash Required for the franchises I am inquiring about. Do you dream of owning your own business but do not want to make beginner mistakes while you figure it out? Ultimately, the only way to know which gym franchise is right for you is to do your own due diligence. It dates all the way back to the 1960s and got a major bump into the spotlight when it was featured in Arnold Schwarzeneggers 1975 movie, Pumping Iron. First on the scene and best in its class, Sky Zone created the worlds first wall-to-wall trampoline park in 2004, bringing healthy, high-flying fun to people across the globe. Complete the form below to get more information, including estimated costs to open and operate this franchise. Branding, Marketing, and Advertising Support, In-person at the annual World Gym International Convention. The average Fitness and Gym franchise began franchising in 2012. Now you can be part of this international sensation. New customers get a free personalized Get Started Plan with their membership, along with the Anytime Fitness app for goal-setting and more than 1,100 workout plans. Working Capital: $100,000 to $200,000. 24 Hour Fitness - $1.51 billion. 9Round avoids set-time classes because its signature 30-minute circuit training workout starts a new round every three minutes. 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. When evaluating offers, please review the financial institutions Terms and Conditions. Learn more about the costs, benefits, and available locations today! But that recovery may well have hit its limits. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Carve Out Your Piece of the Multi-Billion Dollar Assisted Living Industry. Headquarters: Los Angeles, California. Locations also offer yoga, spinning, and cardio workouts all for a surprisingly low monthly membership fee. We seek entrepreneurial-minded individuals who want to positively and dramatically improve the lives of their clients, their staff and themselves. And it claims people can get visible, substantial results with just 20 minutes of daily exercise at least as long as its an intense workout using their full range of state-of-the-art equipment supplied by Matrix Fitness. As a franchise owner, youll benefit from a proven business model, brand recognition, existing customer base, vendor network, and robust franchisee support system. Qualicare provides a variety of nurse-led home care services to help family members "care" rather than "provide care to their loved ones whileimproving their Quality of Life through our 360 Approach. Wow, glad you're interested in so many businesses! As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. In almost all instances the filing is simply a notice with the state. That said, franchisees are responsible for additional costs, including a monthly continuing franchise fee (CFF) of either 20% of gross revenue or at least $250 per month. What makes us different? And with an incredibly low initial franchise fee and upfront investment, Jazzercise is one of the best low-cost franchises youll find, especially within the health and fitness industry. Planet Fitness. ComForCares reputation for home care is 100% best in class, according to ongoing ratings from clients, families and caregivers. World Gym offers territory protections. Learn more now! Determine how the franchise company makes money and analyze their financial returns. 30 Minute Hit is a 30-minute boxing and kickboxing circuit workout studio that caters to women. Founded in 2014 and franchising since 2017, there are currently 90 locations (up from the previous total of 73), of which 18 are company-owned and all are located in the US. Number Of Franchises: 2,039 (1,900+ in the US) Regions Served: US (all 50 states and Puerto Rico), Canada, Australia, the Dominican Republic, Mexico, Panama. It already has a fantastic reputation as a low-cost judgement-free gym for regular people, with monthly membership fees among the lowest in the industry and perks like Pizza Mondays and Bagel Tuesdays. Unlock to find out more. That said, franchisees are responsible for additional costs, including a monthly continuing franchise fee (CFF) of either 20% of gross revenue or at least $250 per month. For 43 years, World Gym has been at the epicenter of the modern fitness scene-the place where Muscle Beach meets Hollywood, and where serious fitness meets celebrity. First, youll need to winnow down your list to only the gyms whose investment levels align with your financials, as well as your eligibility to secure franchise financing or gym financing. Gyms that provide this content can access a larger consumer base and possibly keep more of their customers during an economic downturn. Business Location: No. CycleBar is an indoor cycling fitness chain that hit the ground running as a newcomer to franchising, but the concept existed for many years before that as an independent spinning studio, which allowed the founders (Bill Pryor and his sister, Alex Klemmer) to really hone their offering. The House class breaks up the rowing with intervals of floor-based exercises; the Body class sculpts and tones with dumbbell exercises between rowing intervals; Full Row is intense endurance-based interval rowing; the Power class pushes aerobic limits with HIIT training; Restore improves mobility with dynamic stretching between rowing intervals; and Stroke focuses on proper rowing technique. As a franchisee, youll be required to pay 6% in royalty fees and 2% in marketing fees. We LOVE working out, and were constantly developing ways to make the gym experience more rewarding. The company recently announced its breakthrough technology called a Personalized Mobile Companion available within the Blink app. Adjustments to the pandemic, though costly, proved worthwhile. Do not sell or share my personal information. Although gym franchises require that the owner has previous management experience, most dont require experience in the. Now, youd be hard-pressed to find a gym franchise that doesnt offer some form of barre class, but owning a. takes you straight to the source. Available on both iOS and Androiddevices. Certain states also require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchise opportunities to people living in that state. FranServe - Become a Franchise Consultant! Learn more about the costs, benefits, and available locations today! Even when they were able to reopen, the costs of counter-COVID measures and changing customer habits left gyms and health clubs in a weaker position than before. As an Orangetheory franchisee, youll be responsible for a monthly royalty fee of 8% of gross sales. Gym Services Become a Powerhouse Create your FREE account to access additional data on World Gym, and more! Each customer works with a flexologist to achieve the level of flexibility thats right for them. Initial Investment: $937K to $4.6M. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. iLoveKickboxing.com is a fitness chain that prides itself on forming a supportive community with accountability for reaching fitness goals with adrenaline-flowing workouts anyone of any age or fitness level can do. A grand opening party is slated for. It will cost anywhere from $153,980 to $529,899 to open a Snap Fitness, which varies depending on location and gym size. How to Find, Vet and FUND a Good Franchise (Webinar), Buying a Franchise on Your Own Can Be Overwhelming, Over 10% of franchised gym businesses shut in a single year, resulting in annualized growth of 4% from 2017 to 2022, pay $10-$50 more for a gym closer to home, How to Find, Vet & FUND a Good Franchise. They offer certain financing options within Item 10 of their FDD. Check out this franchise opportunity to better understand the specific costs required to buy an World Gym, such as franchise fees, real estate costs, pre-opening advertising, and equipment purchases. Comprehensive training and support provided. The retailer sits prominently in the $50 billion (and growing!) The estimated investment level for a 20k sq ft facility ranges from $1,483,000 - $3,602,000 with an initial franchise fee of $40,000. It should be noted that, franchisors are required to provide you with details about all initial fees. Interested in learning more? Fit Body Boot Camp positions itself as a 30-minute workout thats fun and affordable, and gets fat-loss results people will love. In a sea of cookie-cutter smoothie and juice bar franchises, Nekter thrives on being different. Even though the history of barre dates back to 1959, when the discipline was created by former ballerina Lotte Berk, the ballet/Pilates/yoga hybrid saw a huge boom in the 2010s. Anytime Fitness is a subsidiary of Self Esteem Brands, its parent company which owns a variety of related franchises such as Basecamp Fitness, Pumpone, Waxing the City, and Healthy Contributions. The chains rapid growth shows there is definitely a demand for this unique concept of an in-home mobile fitness training service. Review our cookies information for more details. We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. There is a fitness franchise available to fit nearly any budget. Your returns and owner's income is not just reliant on how well your own location operates, you should review how well the entire franchise system is performing. The chains signature Power Hour workout uses boxing basics to achieve both fitness and confidence. Estimated total initial investment: $58,870 to $521,437. Overview. Both within the fitness industry and American culture at large, Golds Gym has become legendary for their famous members (including Arnold Schwarzenegger) and their status as the mecca of bodybuilding. Since their founding by a Merchant Marine veteran in 1965, the Los Angeles-based gym has opened over 700 gyms in 29 states and 29 countries, and their international membership is 3 million devotees strong. Discounts for longer duration memberships may provide better revenues in the long term. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. There is a fitness franchise available to fit nearly any budget. Trainers lead customers through multiple HIIT rounds of delivering jab, cross, hook, and uppercut combinations to 100-pound heavy bags with four different class lengths of 30, 45, 60, and 75 minutes. Yoga lovers who want more of a fitness workout than theyll ever get at most yoga centers are sure to love the Y6 approach. Founded in 2012 and franchising since 2018, there are now 155 locations (up from the previous total of 98), of which one is company-owned and two are located outside the US. LA Fitness - $2.09 billion. Planet Fitness trademarked the phrase judgment free zone, so that alone should give you a sense of this gyms major value: inclusivity for all people, regardless of their fitness levels. The demand for healthy food choices is exploding. Take the Franchise.com app with you anywhere! It's also listed in the section for Franchises Under $500,000 . World Gym is dedicated to creating a network of ultimate . An offshoot of the (purportedly) $7 billion UFC brand, UFC Gyms offer MMA-inspired personal and specialized training, traditional and fusion martial arts classes, and youth fitness classes. Learn more about how to help others while earning a great living! Golds is a full-service gym with all kinds of training equipment, group fitness, personal training, locker room services, a kids club, and a pro shop with clothing, accessories, drinks, bars, supplements, nutritional products, and other items. We're proud to have over 1,200 franchises worldwide! Ideally with some business experience with focus on sales and marketing. TITLE Boxing Club gets people working out like theyre getting ready for a prize fight. The Barre Code emphasizes positive motivation to deliver what it calls the most efficient and results-driven fitness program. Group classes fall into three major categories, including Cardio (HIIT training, often through kickboxing), Strength (barre-assisted full-body movements targeting upper body, core, and lower body), and Restoration (a full-body workout followed by mindfulness activities to achieve better connection between mind, body, and spirit). Now is the best time to invest since the housing crash of 2008 which created more millionaires than any other time in, FASTSIGNS is the leader and ranked #1 by number of units in North America, verified by third party sources such as Entrepreneur, Franchise Business Review and Franchise Research Institute as #1 in our category. The demand for massage franchise services is growing rapidly as more people seek out the health benefits of this time-honored practice. Elements include weight training, cardio, and nutrition counseling. Participants are given heart-rate monitors, and their results are displayed on screens throughout the room over the course of this hour-long, interval-based, coach-led workout. The franchise has since modernized their routines and worked Pilates, yoga, hip hop, kickboxing, and strength training into their classes, which they claim can burn up to 800 calories in one hour. We believe everyone should be able to make financial decisions with confidence. Our team of fitness industry professionals will provide the operational support, guidance and troubleshooting you need to remain successful in the constantly changing fitness market. They also take a fun, irreverent, quirky, and motivating approach to marketing (ever see the mustache commercial? Imagine owning a distinguished fitness business, backed by a market-tested business model. As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. We exceed expectations through service and innovation. In addition to standard gym fare, Anytime Fitness locations offer a range of classes and services, like yoga, spin, cardio, Zumba, and personal training. See how fitness, entertainment, and interactive technology create a powerhouse of an opportunity. An iFlex Stretch Studio Franchise offers its clients the best in professional assisted stretching for one affordable price, in one beautiful location. It also provides personal training for private or group training. Los Angeles, CA (Feb. 14, 2023) - World Gym, an iconic, globally recognized gym brand and originator of the full-service gym model that has, for over four decades, empowered millions of people around the world to improve their lives through fitness, has appointed Brea Ballard as Vice President of Marketing. Join the movement! Plus, that smaller pool of franchisees means each one receives more personalized support from the company. Virgin Active - $760m. Educate and guide Trailblazers to the right franchise opportunity and help them own their future. Based on the data collected this franchise is growing into new markets and might be available in your city. Christine Aebischer is an assistant assigning editor on the small-business team at NerdWallet who has covered business and personal finance for nearly a decade. 2023 Franchise Gator. And it was recently sold to TPG Growth, the middle market and growth platform of alternative asset firm TPG. For 43 years, World Gym has been at the epicenter of the modern fitness scene-the place where Muscle Beach meets Hollywood, and where serious fitness meets celebrity. In their FDD they outline who's in charge of the training. Planet Fitness. Golds Gym also requires that potential franchisees have a minimum of $1 million in net worth and $400,000 in liquid assets. Orangetheory claims to be one of the fastest-growing franchises in the world, and theyre ranked 60th in Inc. Magazines Fastest Growing Private Companies List. Senior Residential placement services provide assistance to help identify the best location for seniors to live at no additional cost to families. World Gym Houston is expected to open for workouts starting in January 2021. Send Me a Pro is a sound franchise choice because you can now offer multiple businesses under one name which allows you to diversify your investment and more earning potential. 1 Unlimited 24/7 access to 200+ workouts 2 New workouts added weekly 3 Adaptable to your goals on your time This is NOT a franchise or business opportunity. At Nekter Juice Bar, we are experts in specialty juices, smoothies, and acai bowls. Work with an experienced team who supports you at every stage and has your success and profitability first and foremost in mind. Minimum liquid capital is $300k. However, this does not influence our evaluations. Initial franchise fee: $54,950 to $59,950, Estimated total initial investment: $563,529 to $999,121. We offer support in the following areas: As a Franchisee, youll have the ability to connect with and learn from all other World Gym Franchisees through a variety of formats and forums, including: We are looking for franchise owners who are passionate about fitness and care for their local community. Experienced. has opened over 4,000 locations on all seven continents. Founded in 2011 and franchising since 2015, the number of locations currently stands at 107 (up from the previous total of 87), of which 96 are company-owned and 11 are located outside the US. Complete our Affordability Calculator to find out! The 1Heart franchise opportunity is the vehicle that can help drive the success of your senior care journey. We never, EVER share or sell your information, email, or phone number, to anyone other than the specific business you have requested. With slogans like Find Your Fierce and Fight Your Battles, theres a lot of empowerment going on that extends well beyond the gym. FirstLight HomeCare offers comprehensive, in-home, non-medical and personal care services to seniors, new mothers, disabled adults and others needing assistance. Founded in 2010 and franchising since that same year, the number of locations has risen rapidly to the current total of 1,510 (up from the previous total of 1,385), of which 21 are company-owned and 212 are located outside the US. Additionally, you will need to have a minimum liquid capital of $400,000 and a net worth of $1,000,000. Recruiting and retaining skilled staff needs to be high on a franchisees concerns. Pre-qualified offers are not binding. For 40 years, World Gym has been at the epicenter of the modern fitness scene-the place where Muscle Beach meets Hollywood, and where serious fitness meets celebrity. Acti-Kare franchisees provide superior caregiving services to the whole family in the comfort of their own homes. When you invest in your own homecare business, youre investing in a better community. With World Gym, you can own a powerful and dynamic brand at the forefront of today's fitness industry. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Theyll provide you with a personal support team, comprehensive training, and marketing support over the course of your franchise agreements six-year term (or 10, if youre in California). As a potential franchisee, youll find our passion is reflected in how we continually innovate new offerings, systems and technology so that you can dominate your territory. Even more reason to consider investing in a gym franchise? As society recovered, customers were keen to return, and some gyms saw waiting lists for popular classes and exercise slots again. The ongoing effects of COVID elsewhere in the world, the energy crisis triggered by Russias invasion of Ukraine, and other financial pressures look set to trigger an economic slowdown or even a recession in many parts of the world, including the US. And if you really want to know, the methodology used in one-on-one stretch sessions is called Proprioceptive Neuromuscular Facilitation or PNF. Even though its smaller than Pure Barre. Franchise owners manage a staff of trained caregivers that utilize our proprietary ACTI-VATE Program to help our clients live happier, more active lives. World Gym offers industry-leading, complete wellness solutions that provide a superior member experience. World Gym is 100% franchisee focused and continues to provide the best franchisee support in the fitness franchise industry. Increased awareness of the dangers of heart disease, obesity, and diabetes means that more people are exercising harder. In franchising, location is everything, and we've got you and your fitness community covered. F45 Training was started in Australia as the brainchild of CEO Rob Deutsch, who wanted to create the ultimate fitness program that offers a personalized approach without the personal training price tag. Get In Shape for Women takes a unique approach to helping women lose weight and achieve a healthier lifestyle by limiting its workout groups to just four people, since their method depends on individual attention from a personal trainer but with the accountability that comes from a group model. Serving groups of all ages, this opportunity provides a diversified mix of . Another important consideration to review is whether the initial fees are refundable or not. Some gyms have turned this change into an opportunity. To be eligible to open a. , candidates must have at least $1 million in net worth and access to $300,000 to $400,000 in liquid assets. A personal trainer shows up at your home with a van full of equipment to deliver just about any kind of fitness training a person could want, along with nutritional counseling and massage therapy. Are you sure you wish to REMOVE from your request basket? Unlike franchise registration states, the franchise filing states do not review a franchisor's FDD. Do you feel like youre stuck in a passionless job? As a FranServe franchisee, earn money helping people buy a franchise. Prices per class seem reasonable, but can add up quickly. Franchises make up a significant part of the fitness center market, with 10,400 clubs. Crunch isnt quite as widespread as Planet Fitnesscurrently, they have 300+ open locations in 29 states and five countriesbut with plans to open an additional 1,000+ locations, theyre growing quickly. Interested parties should have at least $0 in liquid capital to invest. Whether youre a gym rat yourself or youre passionate about helping others achieve their health goals, starting a fitness business can be a dream gig for health-conscious entrepreneurs. Focus Franchise Ventures provides free franchise consulting services to assist you in making the best decision in buying a franchise, business or business opportunity. Its also important to be aware of the seasonal nature of gym businesses. Work from home or office, no employees necessary, no overhead or inventory requirements and you make your own hours. YOUR WORK SHOULD MAKE AN IMPACT. The industry started to recover. Our trainers have advanced, science-based certifications to maximize your members' exercise routines safely and effectively. NerdWallet strives to keep its information accurate and up to date. Fill out the form today! Founded in 1969 by Judi Sheppard Missett and franchising since 1982, the number of locations has declined in recent years from a high of 8,679 in 2017 to the current total of 7,761 (down from the previously reported total of 8,003), of which only two are company-owned and 1,923 are located outside the US. Gyms and fitness franchises are dependent upon disposable income to support them, and so are likely to see a fall in their revenues. Invest in a World Gym Franchise and profit from a subscription-based revenue model with multiple revenue streams, backed by proven systems and A-to-Z franchisee support. Golds Gym is one of the few legacy gyms on this list. Founded in 1992 and franchising since 2004, the last reported number of locations was 141 in 2019 (up from the previous total of 133), of which 14 were company-owned and 42 were located outside the US. Over 4,000 locations on all seven continents care services to the whole family in the fitness franchise available fit. 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Location is everything, and interactive technology Create a Powerhouse Create your Free to..., estimated total initial investment: $ 54,950 to $ 999,121 fight your Battles theres! But a team to support them, and interactive technology Create a Powerhouse Create your Free account to access data... Ratings from clients, families and caregivers to deliver what it calls the efficient! Premium workout clothes safely and effectively fee: $ 54,950 to $,! Your Free account to access additional data on World Gym, and diabetes means that people... The seasonal nature of Gym businesses, youre investing in a Gym franchise called Proprioceptive Neuromuscular or. Analyze their financial returns superior caregiving services to seniors, new mothers disabled! Economic downturn deliver what it calls the most efficient and results-driven fitness program be different than what see. Makes money and analyze their financial returns, a subsidiary of NerdWallet women... A prize fight find your Fierce and fight your Battles, theres a of! Seven continents interested parties should have at least $ 0 in liquid assets low start up fees and operating!, Join the # 1 Estate Sale franchise in the, non-medical and personal care to! Iflex stretch studio franchise offers its clients the best in class, according power world gym franchise ratings! For a monthly royalty fee of 8 % of gross sales investment: $ 58,870 to $ 999,121 instances filing... The level of flexibility thats right for you is to do your own due diligence nearly decade...
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