Start-Up Costs and Fees |
||
| Fitness Together | QuickHIT Fitness Lab | |
| Investment | 189162 - 328576 | 127830 - 157500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 2017 |
| Year Franchised | 1996 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | QuickHIT Fitness Lab | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | QuickHIT Fitness Lab | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fitness Together | QuickHIT Fitness Lab | |
| 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 | QuickHIT Fitness Lab | |
| 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, 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 | |
| QuickHIT Fitness Lab | |
| Franchise Fee | |
| Fitness Together | |
| QuickHIT Fitness Lab | |
| Royalty Fee | |
| Fitness Together | 6% |
| QuickHIT Fitness Lab | |
| Advertising Fee | |
| Fitness Together | 2% |
| QuickHIT Fitness Lab | |
| Year Founded | |
| Fitness Together | 1984 |
| QuickHIT Fitness Lab | 2017 |
| Year Franchised | |
| Fitness Together | 1996 |
| QuickHIT Fitness Lab | 2018 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| QuickHIT Fitness Lab | |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| QuickHIT Fitness Lab | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| QuickHIT Fitness Lab | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| QuickHIT Fitness Lab | No |
| Start-up Costs | |
| Fitness Together | |
| QuickHIT Fitness Lab | |
| Equipment | |
| Fitness Together} | |
| QuickHIT Fitness Lab | |
| Inventory | |
| Fitness Together | |
| QuickHIT Fitness Lab | |
| Receivables | |
| Fitness Together | |
| QuickHIT Fitness Lab | |
| Payroll | |
| Fitness Together | |
| QuickHIT Fitness Lab | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| QuickHIT Fitness Lab | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| QuickHIT Fitness Lab | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| QuickHIT Fitness Lab | |
| 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) |
| QuickHIT Fitness Lab | |
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 |
| QuickHIT Fitness Lab | 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 | |
| Fitness Together | |
| QuickHIT Fitness Lab | |
| International Expansion | |
| Fitness Together | |
| QuickHIT Fitness Lab | |