Start-Up Costs and Fees |
||
| Fitness Together | Core Progression | |
| Investment | 189162 - 328576 | 170500 - 460030 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 5% |
| Year Founded | 1984 | 2017 |
| Year Franchised | 1996 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Core Progression | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | Core Progression | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fitness Together | Core Progression | |
| 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 | Core Progression | |
| 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 | |
| Core Progression | |
| Franchise Fee | |
| Fitness Together | |
| Core Progression | |
| Royalty Fee | |
| Fitness Together | 6% |
| Core Progression | 5% |
| Advertising Fee | |
| Fitness Together | 2% |
| Core Progression | 5% |
| Year Founded | |
| Fitness Together | 1984 |
| Core Progression | 2017 |
| Year Franchised | |
| Fitness Together | 1996 |
| Core Progression | 2017 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Core Progression | |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Core Progression | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Core Progression | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Core Progression | No |
| Start-up Costs | |
| Fitness Together | |
| Core Progression | |
| Equipment | |
| Fitness Together} | |
| Core Progression | |
| Inventory | |
| Fitness Together | |
| Core Progression | |
| Receivables | |
| Fitness Together | |
| Core Progression | |
| Payroll | |
| Fitness Together | |
| Core Progression | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Core Progression | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Core Progression | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Core Progression | |
| 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) |
| Core Progression | |
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 |
| Core Progression | |
| Canada Expansion | |
| Fitness Together | |
| Core Progression | |
| International Expansion | |
| Fitness Together | |
| Core Progression | |