Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Tutu School | |
| Investment | 124500 - 195300 | 73700 - 135200 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 2003 | 2008 |
| Year Franchised | 2005 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Tutu School | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | Tutu School | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Tutu School | |
| Training | Internet | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks | Ad Templates Regional Advertising Social media 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. | Number of Employees Required to Run: 2 |
Expansion Plans |
||
| 21 Minute Convenience Fitness | Tutu School | |
| 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 | |
| Tutu School | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Tutu School | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Tutu School | 5% |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Tutu School | 1% |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Tutu School | 2008 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Tutu School | 2012 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Tutu School | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Tutu School | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Tutu School | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Tutu School | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Tutu School | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Tutu School | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Tutu School | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Tutu School | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Tutu School | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Tutu School | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Tutu School | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Tutu School | Ad Templates Regional Advertising Social media 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. |
| Tutu School | Number of Employees Required to Run: 2 |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| Tutu School | 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 | |
| Tutu School | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Tutu School | |