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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs Plus Fitness 24/7 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 | $298,000 - And Up |
Franchise Fee | $29,500 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 1998 |
Year Franchised | 2005 | 1998 |
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 | 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!
The only true 24 Hour Gym, Turn Key Franchise on the market, Plus Fitness 24/7 capitalizes on strong supplier relationships developed over its 16 years of trading in the Australian Fitness Industry. Plus Fitness provides the most competitively priced 24 Hour Gym Franchise with an initial investment as low as $269k including all gym equipment, aesthetic fitout, signage, access control and marketing
Plus Fitness 24/7 Business Franchise Model includes: *24/7 operation *Swipe card access *No contract memberships with highly competitive price points *Complimentary fitness assessment and fitness programs for all members *Non intimidating, clean environments *High level focus on security and safety of members *Equipment designed to suit those new to exercise as well as those more experienced in exercising *Facilities staffed during peak times *Audio and Visual remote monitoring 24 hours a day *State of the art, back to base duress system *Typically 200sqm to 600sqm in size *Placed in convenient locations
Offering a franchise model that provides fast breakevens, low staffing and impressive returns, Plus Fitness 24/7 is a 'lifestyle' business second to none.