Start-Up Costs and Fees |
||
| Fitness Together | Concept 10 10 | |
| Investment | 189162 - 328576 | 100000 - 150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 0 |
| Year Franchised | 1996 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Concept 10 10 | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | Concept 10 10 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fitness Together | Concept 10 10 | |
| 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 | Concept 10 10 | |
| 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 | |
| Concept 10 10 | |
| Franchise Fee | |
| Fitness Together | |
| Concept 10 10 | |
| Royalty Fee | |
| Fitness Together | 6% |
| Concept 10 10 | |
| Advertising Fee | |
| Fitness Together | 2% |
| Concept 10 10 | |
| Year Founded | |
| Fitness Together | 1984 |
| Concept 10 10 | 0 |
| Year Franchised | |
| Fitness Together | 1996 |
| Concept 10 10 | 0 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Concept 10 10 | |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Concept 10 10 | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Concept 10 10 | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Concept 10 10 | No |
| Start-up Costs | |
| Fitness Together | |
| Concept 10 10 | |
| Equipment | |
| Fitness Together} | |
| Concept 10 10 | |
| Inventory | |
| Fitness Together | |
| Concept 10 10 | |
| Receivables | |
| Fitness Together | |
| Concept 10 10 | |
| Payroll | |
| Fitness Together | |
| Concept 10 10 | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Concept 10 10 | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Concept 10 10 | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Concept 10 10 | |
| 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) |
| Concept 10 10 | |
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 |
| Concept 10 10 | |
| Canada Expansion | |
| Fitness Together | |
| Concept 10 10 | |
| International Expansion | |
| Fitness Together | |
| Concept 10 10 | |