|
Below is an in-depth analysis and side-by-side comparison of Beverly Hills Weight Loss and Wellness vs Gymguyz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $64,000 - $96,000 | $87,000 - $140,001 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1988 | 2008 |
Year Franchised | 1989 | 2008 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | You do not need experience. We will train you on how to manage your business and hire professional trainers. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | Yes/No | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | Ongoing training | On-The-Job Training: 16 hours Classroom Training: 40 hours Additional Training: Ongoing |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | *Newsletter *Meetings/Conventions *Toll-Free Line *Grand Opening *Online Support *Security/Safety Procedures *Field Operations *Proprietary Software *Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks | *Co-op Advertising *Ad Templates *National Media *Regional Advertising *Social media *SEO *Website development *Email marketing *Loyalty program/app |
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) | Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
GYMGUYZ is a mobile personal training and fitness company founded in 2008.
Now you can join GYMGUYZ in this growing and fast paced industry, with the first mobile fitness franchise.
Own a GYMGUYZ and we will help you shape your future.
Training to be a GYMGUYZ Franchisee includes:
The proven GYMGUYZ System
Pre-opening marketing & finding clients
Daily Operations and Processes
Financial controls & Point-of-Sale
On-going Marketing & Advertising techniques to develop your business
The first mobile, personal training and fitness franchise!
GYMGUYZ is Unique!
GYMGUYZ is not like any other gym or fitness program:
No membership fees
Every client receives a personal phone call on their Birthday
Daily text messages and email follow ups
First visit is always free & includes three assessments:
A Body Assessment
A Fitness Assessment
A Nutrition Assessment
Every client receives their own individualized fitness program
All clients are re-assessed every 15 weeks giving our franchisees the opportunity to
re-engage the client update programs to suit the client’s personal training needs
and ensure that the client is going to reach their personal goals