Start-Up Costs and Fees |
||
| DiscoverStrength | 21 Minute Convenience Fitness | |
| Investment | 271250 - 481000 | 124500 - 195300 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 3% |
| Advertising Fee | 2% | |
| Year Founded | 2020 | 2003 |
| Year Franchised | 2020 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| DiscoverStrength | 21 Minute Convenience Fitness | |
| Experience | ||
Financing Options |
||
| DiscoverStrength | 21 Minute Convenience Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| DiscoverStrength | 21 Minute Convenience Fitness | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| 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 |
||
| DiscoverStrength | 21 Minute Convenience Fitness | |
| 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 | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
| Franchise Fee | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
| Royalty Fee | |
| DiscoverStrength | 6% |
| 21 Minute Convenience Fitness | 3% |
| Advertising Fee | |
| DiscoverStrength | 2% |
| 21 Minute Convenience Fitness | |
| Year Founded | |
| DiscoverStrength | 2020 |
| 21 Minute Convenience Fitness | 2003 |
| Year Franchised | |
| DiscoverStrength | 2020 |
| 21 Minute Convenience Fitness | 2005 |
| Term Of Agreement | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | 10 years |
| Renewal Fee | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
Business Experience Requirements |
|
| Experience | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
Financing Options |
|
| Franchise Fees | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
| Start-up Costs | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
| Equipment | |
| DiscoverStrength} | |
| 21 Minute Convenience Fitness | |
| Inventory | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
| Receivables | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
| Payroll | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
Training & Support |
|
| Training | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | Internet |
| Support | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Operations | |
| DiscoverStrength | |
| 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. |
Expansion Plans |
|
| US Expansion | |
| DiscoverStrength | 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 |
| 21 Minute Convenience Fitness | |
| Canada Expansion | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |
| International Expansion | |
| DiscoverStrength | |
| 21 Minute Convenience Fitness | |