Start-Up Costs and Fees |
||
| Fitness Together | Thrive Active Fitness Clubs | |
| Investment | 189162 - 328576 | 140000 - 750000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 0 |
| Year Franchised | 1996 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Thrive Active Fitness Clubs | |
| Experience | Industry experience | |
Financing Options |
||
| Fitness Together | Thrive Active Fitness Clubs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fitness Together | Thrive Active Fitness Clubs | |
| 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 | Thrive Active Fitness Clubs | |
| 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 | |
| Thrive Active Fitness Clubs | |
| Franchise Fee | |
| Fitness Together | |
| Thrive Active Fitness Clubs | |
| Royalty Fee | |
| Fitness Together | 6% |
| Thrive Active Fitness Clubs | |
| Advertising Fee | |
| Fitness Together | 2% |
| Thrive Active Fitness Clubs | |
| Year Founded | |
| Fitness Together | 1984 |
| Thrive Active Fitness Clubs | 0 |
| Year Franchised | |
| Fitness Together | 1996 |
| Thrive Active Fitness Clubs | 0 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Thrive Active Fitness Clubs | |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Thrive Active Fitness Clubs | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Thrive Active Fitness Clubs | |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Thrive Active Fitness Clubs | No |
| Start-up Costs | |
| Fitness Together | |
| Thrive Active Fitness Clubs | |
| Equipment | |
| Fitness Together} | |
| Thrive Active Fitness Clubs | |
| Inventory | |
| Fitness Together | |
| Thrive Active Fitness Clubs | |
| Receivables | |
| Fitness Together | |
| Thrive Active Fitness Clubs | |
| Payroll | |
| Fitness Together | |
| Thrive Active Fitness Clubs | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Thrive Active Fitness Clubs | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Thrive Active Fitness Clubs | |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Thrive Active Fitness Clubs | |
| 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) |
| Thrive Active Fitness Clubs | |
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 |
| Thrive Active Fitness Clubs | |
| Canada Expansion | |
| Fitness Together | |
| Thrive Active Fitness Clubs | |
| International Expansion | |
| Fitness Together | |
| Thrive Active Fitness Clubs | |