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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs Fit For Her including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $124,500 - $195,300 | $120,000 - $150,000 |
Franchise Fee | $29,500 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 2003 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of fran. fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
We are passionate about helping others succeed and invite you to explore a revolutionary business opportunity in the rapidly expanding fitness world. If you desire the freedom and independence to own and operate your own business, combined with the satisfaction of helping others achieve their health and fitness goals, then join 21 Minute Convenience Fitness, The Leader in Convenience Fitness. In 2004, former Harvard University economist, Zane Paul Pilzer, stated that the fitness, weight loss and wellness market in the US would grow from $300 billion to over one trillion dollars by the end of the decade!
We offer a dynamic opportunity in a fast growing business with significant potential. Now is a great time to take advantage of the growth in the fitness industry, especially in the woman's fitness and weight loss segment, which is the fastest growing segment in the fitness industry. The number of health clubs and gyms in the US has increased consistently over the past 5 years, up 39% from 13,097 businesses in 1997. This news follows the announcement that consumer demand for health clubs remained strong in 2001, growing approximately 3% to 33.8 million US members as of January of this year. Clearly, Americans are still using there disposable income to attain their fitness and weight goals - despite a rocky economy.