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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs Pure Barre 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 | $204,100 - $461,700 |
Franchise Fee | $29,500 | $60,000 |
Royalty Fee | 3% | 7% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 2001 |
Year Franchised | 2005 | 2009 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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 | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/- |
Training & Support |
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Training | Internet | On-The-Job Training: 40-50 hours Classroom Training: 26 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | launch coordination Open successfully and quickly with the assistance of our launch coordinator. real estate Get help finding that dynamite location in your market. construction & design Maximize your space and create a sleek, beautiful and functional studio. training Ensure your team is always prepared to deliver that killer class! marketing consulting Learn best practices picked up from studios around the country. Newsletter Meetings/Conventions Field Operations Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates National Media SEO 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: 9 |
Expansion Plans |
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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!