|
Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs 9Round including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $124,500 - $195,300 | $106,175 - $150,275 |
Franchise Fee | $29,500 | $30,000 |
Royalty Fee | 3% | $600/mo. |
Advertising Fee | - | 2% |
Year Founded | 2003 | 2007 |
Year Franchised | 2005 | 2009 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | 25% of fran. fee | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | Internet | You will visit the 9Round training facility in Greenville SC. You will go through a 5 day intensive training program that will teach you not only how to kick and punch, but how to operate the business. On-The-Job Training: 16 hours Classroom Training: 16 hours Additional Training: Online & regional training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Site Selection Proprietary Software |
Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
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. | Number of Employees Required to Run: 3 - 4 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | 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!
9Round is a specialized fitness center dedicated to serving clients who want a unique, fun, and proven workout that guarantees results. 9Round offers traditional "old school" boxing and kickboxing fitness programs that incorporates functional, interval, cardiovascular, and circuit training regimens. The programs are developed around a proprietary system of 9 challenging workout stations developed by a professional fighter. 9Round delivers total body results in a quick and convenient 30 minute workout with no class times.
If you enjoy staying fit and helping people, this is the Franchise for you. Successful 9Round owners come from all walks of life. Some have extensive business backgrounds, some have served in the military, some are personal trainers, and some have never operated a business.
9Round has 9 different ways you can make money.