Start-Up Costs and Fees |
||
| Core Progression | Fitness Together | |
| Investment | 170500 - 460030 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 5% | 2% |
| Year Founded | 2017 | 1984 |
| Year Franchised | 2017 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Core Progression | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Core Progression | Fitness Together | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Core Progression | 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 |
||
| Core Progression | 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 | |
| Core Progression | |
| Fitness Together | |
| Franchise Fee | |
| Core Progression | |
| Fitness Together | |
| Royalty Fee | |
| Core Progression | 5% |
| Fitness Together | 6% |
| Advertising Fee | |
| Core Progression | 5% |
| Fitness Together | 2% |
| Year Founded | |
| Core Progression | 2017 |
| Fitness Together | 1984 |
| Year Franchised | |
| Core Progression | 2017 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Core Progression | |
| Fitness Together | 10 years |
| Renewal Fee | |
| Core Progression | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Core Progression | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Core Progression | |
| Fitness Together | |
| Start-up Costs | |
| Core Progression | |
| Fitness Together | |
| Equipment | |
| Core Progression} | |
| Fitness Together | |
| Inventory | |
| Core Progression | |
| Fitness Together | |
| Receivables | |
| Core Progression | |
| Fitness Together | |
| Payroll | |
| Core Progression | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Core Progression | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Core Progression | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Core Progression | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Core Progression | |
| 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 | |
| Core Progression | |
| 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 | |
| Core Progression | |
| Fitness Together | |
| International Expansion | |
| Core Progression | |
| Fitness Together | |