Start-Up Costs and Fees |
||
| Fitness Together | Body Back | |
| Investment | 189162 - 328576 | 5000 - 35000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $275-480/month +2% |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 0 |
| Year Franchised | 1996 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Body Back | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | Body Back | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fitness Together | Body Back | |
| 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 | Body Back | |
| 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 | |
| Fitness Together | |
| Body Back | |
| Franchise Fee | |
| Fitness Together | |
| Body Back | |
| Royalty Fee | |
| Fitness Together | 6% |
| Body Back | $275-480/month +2% |
| Advertising Fee | |
| Fitness Together | 2% |
| Body Back | |
| Year Founded | |
| Fitness Together | 1984 |
| Body Back | 0 |
| Year Franchised | |
| Fitness Together | 1996 |
| Body Back | 0 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Body Back | 2-6years |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Body Back | 20% of then current fee |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Body Back | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Body Back | No |
| Start-up Costs | |
| Fitness Together | |
| Body Back | |
| Equipment | |
| Fitness Together} | |
| Body Back | |
| Inventory | |
| Fitness Together | |
| Body Back | |
| Receivables | |
| Fitness Together | |
| Body Back | |
| Payroll | |
| Fitness Together | |
| Body Back | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Body Back | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Body Back | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Body Back | |
| 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) |
| Body Back | |
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 |
| Body Back | |
| Canada Expansion | |
| Fitness Together | |
| Body Back | |
| International Expansion | |
| Fitness Together | |
| Body Back | |