Start-Up Costs and Fees |
||
| Concept 10 10 | Fitness Together | |
| Investment | 100000 - 150000 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 0 | 1984 |
| Year Franchised | 0 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Concept 10 10 | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Concept 10 10 | Fitness Together | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Concept 10 10 | Fitness Together | |
| Training | Classroom Training: 40 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Concept 10 10 | Fitness Together | |
| 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 | |
| Concept 10 10 | |
| Fitness Together | |
| Franchise Fee | |
| Concept 10 10 | |
| Fitness Together | |
| Royalty Fee | |
| Concept 10 10 | |
| Fitness Together | 6% |
| Advertising Fee | |
| Concept 10 10 | |
| Fitness Together | 2% |
| Year Founded | |
| Concept 10 10 | 0 |
| Fitness Together | 1984 |
| Year Franchised | |
| Concept 10 10 | 0 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Concept 10 10 | |
| Fitness Together | 10 years |
| Renewal Fee | |
| Concept 10 10 | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Concept 10 10 | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Concept 10 10 | |
| Fitness Together | |
| Start-up Costs | |
| Concept 10 10 | |
| Fitness Together | |
| Equipment | |
| Concept 10 10} | |
| Fitness Together | |
| Inventory | |
| Concept 10 10 | |
| Fitness Together | |
| Receivables | |
| Concept 10 10 | |
| Fitness Together | |
| Payroll | |
| Concept 10 10 | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Concept 10 10 | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Concept 10 10 | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Concept 10 10 | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Concept 10 10 | |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Concept 10 10 | |
| Fitness Together | 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 | |
| Concept 10 10 | |
| Fitness Together | |
| International Expansion | |
| Concept 10 10 | |
| Fitness Together | |