Start-Up Costs and Fees |
||
| Fitness Together | Physicians Weight Loss Centers | |
| Investment | 189162 - 328576 | 95643 - 173857 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 1979 |
| Year Franchised | 1996 | 1980 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Physicians Weight Loss Centers | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | Physicians Weight Loss Centers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fitness Together | Physicians Weight Loss Centers | |
| 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 | Physicians Weight Loss Centers | |
| 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 | Nationwide, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fitness Together | |
| Physicians Weight Loss Centers | |
| Franchise Fee | |
| Fitness Together | |
| Physicians Weight Loss Centers | |
| Royalty Fee | |
| Fitness Together | 6% |
| Physicians Weight Loss Centers | |
| Advertising Fee | |
| Fitness Together | 2% |
| Physicians Weight Loss Centers | |
| Year Founded | |
| Fitness Together | 1984 |
| Physicians Weight Loss Centers | 1979 |
| Year Franchised | |
| Fitness Together | 1996 |
| Physicians Weight Loss Centers | 1980 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Physicians Weight Loss Centers | |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Physicians Weight Loss Centers | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Physicians Weight Loss Centers | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Physicians Weight Loss Centers | No |
| Start-up Costs | |
| Fitness Together | |
| Physicians Weight Loss Centers | |
| Equipment | |
| Fitness Together} | |
| Physicians Weight Loss Centers | |
| Inventory | |
| Fitness Together | |
| Physicians Weight Loss Centers | |
| Receivables | |
| Fitness Together | |
| Physicians Weight Loss Centers | |
| Payroll | |
| Fitness Together | |
| Physicians Weight Loss Centers | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Physicians Weight Loss Centers | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Physicians Weight Loss Centers | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Physicians Weight Loss Centers | |
| 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) |
| Physicians Weight Loss Centers | |
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 |
| Physicians Weight Loss Centers | Nationwide, |
| Canada Expansion | |
| Fitness Together | |
| Physicians Weight Loss Centers | |
| International Expansion | |
| Fitness Together | |
| Physicians Weight Loss Centers | |