Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | 30 Minute Hit | |
| Investment | 124500 - 195300 | 100550 - 165500 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | $500-$900/mo. |
| Advertising Fee | ||
| Year Founded | 2003 | 2004 |
| Year Franchised | 2005 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | 30 Minute Hit | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | 30 Minute Hit | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | 30 Minute Hit | |
| Training | Internet | 5 days of Physical Training/Trainer Certification, including CommunHITy integration conducted in Vancouver, Canada, 2 days of onsite Admin and Sales training. 2 Remote follow up sessions, bi-weekly Remote group training and support sessions. Annual SummHIT meeting in Vancouver, Canada. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Web based Interactive Operations Guide and Management tools to give you instant access to all the information you need to run and grow your business, anytime, anywhere. Your HIT Dashboard includes: Operations Guide, Training Guide, Support Centre, Leads Manager, Leads Booking System, Member Manager, Franchisee Communications Centre, Email Marketing Manager, Resource Centre, Statistics Centre, Staff Manager, Webcam viewer, and much much more! All this at your fingertips no matter where your are! |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| 21 Minute Convenience Fitness | 30 Minute Hit | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| 30 Minute Hit | $500-$900/mo. |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| 30 Minute Hit | 2004 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| 30 Minute Hit | 2006 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| 30 Minute Hit | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| 30 Minute Hit | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| 30 Minute Hit | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| 30 Minute Hit | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| 30 Minute Hit | 5 days of Physical Training/Trainer Certification, including CommunHITy integration conducted in Vancouver, Canada, 2 days of onsite Admin and Sales training. 2 Remote follow up sessions, bi-weekly Remote group training and support sessions. Annual SummHIT meeting in Vancouver, Canada. |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 30 Minute Hit | Web based Interactive Operations Guide and Management tools to give you instant access to all the information you need to run and grow your business, anytime, anywhere. Your HIT Dashboard includes: Operations Guide, Training Guide, Support Centre, Leads Manager, Leads Booking System, Member Manager, Franchisee Communications Centre, Email Marketing Manager, Resource Centre, Statistics Centre, Staff Manager, Webcam viewer, and much much more! All this at your fingertips no matter where your are! |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| 30 Minute Hit | |
| Operations | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
| 30 Minute Hit | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| Canada Expansion | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| 30 Minute Hit | |