Start-Up Costs and Fees |
||
| Fit after Fifty | Fitness Together | |
| Investment | 39800 - 47200 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2003 | 1984 |
| Year Franchised | 2004 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fit after Fifty | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Fit after Fifty | Fitness Together | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fit after Fifty | 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 |
||
| Fit after Fifty | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fit after Fifty | |
| Fitness Together | |
| Franchise Fee | |
| Fit after Fifty | |
| Fitness Together | |
| Royalty Fee | |
| Fit after Fifty | |
| Fitness Together | 6% |
| Advertising Fee | |
| Fit after Fifty | |
| Fitness Together | 2% |
| Year Founded | |
| Fit after Fifty | 2003 |
| Fitness Together | 1984 |
| Year Franchised | |
| Fit after Fifty | 2004 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Fit after Fifty | |
| Fitness Together | 10 years |
| Renewal Fee | |
| Fit after Fifty | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Fit after Fifty | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Fit after Fifty | |
| Fitness Together | |
| Start-up Costs | |
| Fit after Fifty | |
| Fitness Together | |
| Equipment | |
| Fit after Fifty} | |
| Fitness Together | |
| Inventory | |
| Fit after Fifty | |
| Fitness Together | |
| Receivables | |
| Fit after Fifty | |
| Fitness Together | |
| Payroll | |
| Fit after Fifty | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Fit after Fifty | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Fit after Fifty | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Fit after Fifty | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Fit after Fifty | |
| 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 | |
| Fit after Fifty | |
| 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 | |
| Fit after Fifty | 0 |
| Fitness Together | |
| International Expansion | |
| Fit after Fifty | |
| Fitness Together | |