Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Profile by Sanford | |
| Investment | 124500 - 195300 | 388500 - 634500 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 2003 | 2012 |
| Year Franchised | 2005 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Profile by Sanford | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | Profile by Sanford | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Profile by Sanford | |
| Training | Internet | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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. | Number of Employees Required to Run: 5 |
Expansion Plans |
||
| 21 Minute Convenience Fitness | Profile by Sanford | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Profile by Sanford | 5% |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | 2% |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Profile by Sanford | 2012 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Profile by Sanford | 2014 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Profile by Sanford | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Profile by Sanford | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Profile by Sanford | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Profile by Sanford | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Profile by Sanford | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Profile by Sanford | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Profile by Sanford | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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. |
| Profile by Sanford | Number of Employees Required to Run: 5 |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Profile by Sanford | |