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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs FIT4MOM 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 | $6,905 - $26,385 |
Franchise Fee | $29,500 | $6,495 - $12,395 |
Royalty Fee | 3% | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
Advertising Fee | - | $10 - $30 |
Year Founded | 2003 | 2001 |
Year Franchised | 2005 | 2005 |
Term Of Agreement | 10 years | 3 Year |
Term Of Agreement | 10 years | 3 Year |
Renewal Fee | 25% of fran. fee | - |
Business Experience Requirements |
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Experience | - | Fitness background is a plus, but not a requirement! We will train you! |
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 | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. |
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 | - | Yes |
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!
Owning a FIT4MOM franchise allows you to have the best of both worlds -- to become a successful business owner and have a career that is supportive of motherhood.
But the most rewarding part of being a FIT4MOM owner can only be described in one word: IMPACT. As a small business owner, you have the power to change the lives of women in your community Every. Single. Day.
Does this sound like the right fit for you?