Start-Up Costs and Fees |
||
| Fitness Together | Nitro Fitness for Men | |
| Investment | 189162 - 328576 | 55500 - 76500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $498/month |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 2004 |
| Year Franchised | 1996 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Nitro Fitness for Men | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | Nitro Fitness for Men | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Fitness Together | Nitro Fitness for Men | |
| 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 | Nitro Fitness for Men | |
| 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 | |
| Nitro Fitness for Men | |
| Franchise Fee | |
| Fitness Together | |
| Nitro Fitness for Men | |
| Royalty Fee | |
| Fitness Together | 6% |
| Nitro Fitness for Men | $498/month |
| Advertising Fee | |
| Fitness Together | 2% |
| Nitro Fitness for Men | |
| Year Founded | |
| Fitness Together | 1984 |
| Nitro Fitness for Men | 2004 |
| Year Franchised | |
| Fitness Together | 1996 |
| Nitro Fitness for Men | 2004 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Nitro Fitness for Men | 7 years |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Nitro Fitness for Men | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Nitro Fitness for Men | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Nitro Fitness for Men | No |
| Start-up Costs | |
| Fitness Together | |
| Nitro Fitness for Men | |
| Equipment | |
| Fitness Together} | |
| Nitro Fitness for Men | |
| Inventory | |
| Fitness Together | |
| Nitro Fitness for Men | |
| Receivables | |
| Fitness Together | |
| Nitro Fitness for Men | |
| Payroll | |
| Fitness Together | |
| Nitro Fitness for Men | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Nitro Fitness for Men | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Nitro Fitness for Men | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Nitro Fitness for Men | |
| 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) |
| Nitro Fitness for Men | |
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 |
| Nitro Fitness for Men | |
| Canada Expansion | |
| Fitness Together | |
| Nitro Fitness for Men | 0 |
| International Expansion | |
| Fitness Together | |
| Nitro Fitness for Men | |