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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs EduFit 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 | $164,500 - $281,000 |
Franchise Fee | $29,500 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 1988 |
Year Franchised | 2005 | 0 |
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!
If you've often dreamed of opening your own personal training studio, EduFit is for you. Be a part of a unique concept in an immense and still growing market! EduFit is a great opportunity. We've developed a system to provide personal training to clients at reasonable prices. We'll provide you with a methodology for fitness studio management, and show you how to run your own location and manage your client base. We'll give you an ideal environment to provide customized exercise and fitness programs to your clients, allowing you to fully leverage you and your staff's training expertise, and maximize the potential revenue and client volume of your business. The EduFit Franchise Program provides you with: * An opportunity that offers an innovative approach to personal training, and sets itself apart from other health clubs * Expertise in managing your own personal training studio, including our unique per-session pricing system, along with our proven business management model and proprietary software. * The ability to work with clients by scheduled appointment only, so there are no crowds and you'll be able to offer tailored exercise programs for each client. * All the support you need to run your business We are looking for people who share in our pursuit and commitment to provide personal training services with a difference.