Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | RedLine Athletics | |
| Investment | 124500 - 195300 | 245733 - 452483 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 7% |
| Advertising Fee | 1% | |
| Year Founded | 2003 | 2013 |
| Year Franchised | 2005 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | RedLine Athletics | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | RedLine Athletics | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | RedLine Athletics | |
| Training | Internet | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection 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 |
| 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 | RedLine Athletics | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| RedLine Athletics | 7% |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | 1% |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| RedLine Athletics | 2013 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| RedLine Athletics | 2013 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| RedLine Athletics | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| RedLine Athletics | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| RedLine Athletics | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| RedLine Athletics | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| RedLine Athletics | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| RedLine Athletics | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| RedLine Athletics | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| 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. |
| RedLine Athletics | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | 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 | |
| RedLine Athletics | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| RedLine Athletics | |