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