Start-Up Costs and Fees |
||
| Bally Total Fitness | The Max Challenge | |
| Investment | 1000000 - 2500000 | 131868 - 280592 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1962 | 2011 |
| Year Franchised | 1997 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bally Total Fitness | The Max Challenge | |
| Experience | ||
Financing Options |
||
| Bally Total Fitness | The Max Challenge | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Bally Total Fitness | The Max Challenge | |
| Training | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| Bally Total Fitness | The Max Challenge | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bally Total Fitness | |
| The Max Challenge | |
| Franchise Fee | |
| Bally Total Fitness | |
| The Max Challenge | |
| Royalty Fee | |
| Bally Total Fitness | |
| The Max Challenge | 6% |
| Advertising Fee | |
| Bally Total Fitness | |
| The Max Challenge | 2% |
| Year Founded | |
| Bally Total Fitness | 1962 |
| The Max Challenge | 2011 |
| Year Franchised | |
| Bally Total Fitness | 1997 |
| The Max Challenge | 2013 |
| Term Of Agreement | |
| Bally Total Fitness | |
| The Max Challenge | |
| Renewal Fee | |
| Bally Total Fitness | |
| The Max Challenge | |
Business Experience Requirements |
|
| Experience | |
| Bally Total Fitness | |
| The Max Challenge | |
Financing Options |
|
| Franchise Fees | |
| Bally Total Fitness | |
| The Max Challenge | |
| Start-up Costs | |
| Bally Total Fitness | |
| The Max Challenge | |
| Equipment | |
| Bally Total Fitness} | |
| The Max Challenge | |
| Inventory | |
| Bally Total Fitness | |
| The Max Challenge | |
| Receivables | |
| Bally Total Fitness | |
| The Max Challenge | |
| Payroll | |
| Bally Total Fitness | |
| The Max Challenge | |
Training & Support |
|
| Training | |
| Bally Total Fitness | |
| The Max Challenge | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training |
| Support | |
| Bally Total Fitness | |
| The Max Challenge | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Bally Total Fitness | |
| The Max Challenge | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Bally Total Fitness | |
| The Max Challenge | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
|
| US Expansion | |
| Bally Total Fitness | |
| The Max Challenge | |
| Canada Expansion | |
| Bally Total Fitness | 0 |
| The Max Challenge | |
| International Expansion | |
| Bally Total Fitness | |
| The Max Challenge | |