Start-Up Costs and Fees |
||
| Twist Sport | 21 Minute Convenience Fitness | |
| Investment | 300000 - 400000 | 124500 - 195300 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 1999 | 2003 |
| Year Franchised | 2006 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Twist Sport | 21 Minute Convenience Fitness | |
| Experience | ||
Financing Options |
||
| Twist Sport | 21 Minute Convenience Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Twist Sport | 21 Minute Convenience Fitness | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Twist Sport | 21 Minute Convenience Fitness | |
| 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 | Alberta, British Columbia, Ontario | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
| Franchise Fee | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
| Royalty Fee | |
| Twist Sport | |
| 21 Minute Convenience Fitness | 3% |
| Advertising Fee | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
| Year Founded | |
| Twist Sport | 1999 |
| 21 Minute Convenience Fitness | 2003 |
| Year Franchised | |
| Twist Sport | 2006 |
| 21 Minute Convenience Fitness | 2005 |
| Term Of Agreement | |
| Twist Sport | |
| 21 Minute Convenience Fitness | 10 years |
| Renewal Fee | |
| Twist Sport | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
Business Experience Requirements |
|
| Experience | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
Financing Options |
|
| Franchise Fees | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
| Start-up Costs | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
| Equipment | |
| Twist Sport} | |
| 21 Minute Convenience Fitness | |
| Inventory | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
| Receivables | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
| Payroll | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |
Training & Support |
|
| Training | |
| Twist Sport | |
| 21 Minute Convenience Fitness | Internet |
| Support | |
| Twist Sport | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Twist Sport | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Operations | |
| Twist Sport | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Twist Sport | 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 |
| 21 Minute Convenience Fitness | |
| Canada Expansion | |
| Twist Sport | Alberta, British Columbia, Ontario |
| 21 Minute Convenience Fitness | |
| International Expansion | |
| Twist Sport | |
| 21 Minute Convenience Fitness | |