|
Below is an in-depth analysis and side-by-side comparison of Beverly Hills Weight Loss and Wellness vs FASTFIT 4 Men including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $64,000 - $96,000 | $50,000 |
Franchise Fee | $25,000 | $10,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1988 | - |
Year Franchised | 1989 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | Yes/No | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | Ongoing training | - |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
A great opportunity to get into the fast paced exciting fitness industry without breaking the bank. FASTFIT is a 30 Minute mens only circuit training facility that's both fast and fun. Our clients range in age from 18 to 80 and our units can locate in a variety of locations from prime retail to low cost industrial. Our great FastFit system along with our industry recognized training make FastFit the perfect opportunity for today and the future.