Start-Up Costs and Fees |
||
| Healthy Inspirations | Extreme Gym | |
| Investment | 75000 - 375000 | 75453 - 96998 |
| Franchise Fee | ||
| Royalty Fee | $395/mo. | |
| Advertising Fee | ||
| Year Founded | 2000 | 2002 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Healthy Inspirations | Extreme Gym | |
| Experience | General business experience | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
||
| Healthy Inspirations | Extreme Gym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Healthy Inspirations | Extreme Gym | |
| Training | ||
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Healthy Inspirations | Extreme Gym | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Healthy Inspirations | |
| Extreme Gym | |
| Franchise Fee | |
| Healthy Inspirations | |
| Extreme Gym | |
| Royalty Fee | |
| Healthy Inspirations | $395/mo. |
| Extreme Gym | |
| Advertising Fee | |
| Healthy Inspirations | |
| Extreme Gym | |
| Year Founded | |
| Healthy Inspirations | 2000 |
| Extreme Gym | 2002 |
| Year Franchised | |
| Healthy Inspirations | 2004 |
| Extreme Gym | 0 |
| Term Of Agreement | |
| Healthy Inspirations | 10 years |
| Extreme Gym | |
| Renewal Fee | |
| Healthy Inspirations | $2.5K or 20% of franchise fee |
| Extreme Gym | |
Business Experience Requirements |
|
| Experience | |
| Healthy Inspirations | General business experience |
| Extreme Gym | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
|
| Franchise Fees | |
| Healthy Inspirations | No |
| Extreme Gym | No |
| Start-up Costs | |
| Healthy Inspirations | |
| Extreme Gym | |
| Equipment | |
| Healthy Inspirations} | |
| Extreme Gym | |
| Inventory | |
| Healthy Inspirations | |
| Extreme Gym | |
| Receivables | |
| Healthy Inspirations | |
| Extreme Gym | |
| Payroll | |
| Healthy Inspirations | |
| Extreme Gym | |
Training & Support |
|
| Training | |
| Healthy Inspirations | |
| Extreme Gym | |
| Support | |
| Healthy Inspirations | Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Extreme Gym | |
| Marketing | |
| Healthy Inspirations | Ad slicks |
| Extreme Gym | |
| Operations | |
| Healthy Inspirations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Extreme Gym | |
Expansion Plans |
|
| US Expansion | |
| Healthy Inspirations | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Extreme Gym | |
| Canada Expansion | |
| Healthy Inspirations | 0 |
| Extreme Gym | |
| International Expansion | |
| Healthy Inspirations | |
| Extreme Gym | |