Start-Up Costs and Fees |
||
| Fitness Together | Bally Total Fitness | |
| Investment | 189162 - 328576 | 1000000 - 2500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 1962 |
| Year Franchised | 1996 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Bally Total Fitness | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | Bally Total Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fitness Together | Bally Total Fitness | |
| 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 |
||
| Fitness Together | Bally Total 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fitness Together | |
| Bally Total Fitness | |
| Franchise Fee | |
| Fitness Together | |
| Bally Total Fitness | |
| Royalty Fee | |
| Fitness Together | 6% |
| Bally Total Fitness | |
| Advertising Fee | |
| Fitness Together | 2% |
| Bally Total Fitness | |
| Year Founded | |
| Fitness Together | 1984 |
| Bally Total Fitness | 1962 |
| Year Franchised | |
| Fitness Together | 1996 |
| Bally Total Fitness | 1997 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Bally Total Fitness | |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Bally Total Fitness | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Bally Total Fitness | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Bally Total Fitness | No |
| Start-up Costs | |
| Fitness Together | |
| Bally Total Fitness | |
| Equipment | |
| Fitness Together} | |
| Bally Total Fitness | |
| Inventory | |
| Fitness Together | |
| Bally Total Fitness | |
| Receivables | |
| Fitness Together | |
| Bally Total Fitness | |
| Payroll | |
| Fitness Together | |
| Bally Total Fitness | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Bally Total Fitness | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Bally Total Fitness | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Bally Total Fitness | |
| Operations | |
| 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) |
| Bally Total Fitness | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Bally Total Fitness | |
| Canada Expansion | |
| Fitness Together | |
| Bally Total Fitness | 0 |
| International Expansion | |
| Fitness Together | |
| Bally Total Fitness | |