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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs Fit36 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 | $161,900 - $278,950 |
Franchise Fee | $29,500 | $34,900 |
Royalty Fee | 3% | 6% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 2013 |
Year Franchised | 2005 | 2014 |
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 | -/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 |
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Training | Internet | On-The-Job Training: 19 hours Classroom Training: 48 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
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!
Become part of a vibrant and fast-growing segment of the fitness industry flanked by training and systems which will support your growth and help you stand out in the market.
Fit36® is a membership-based gym in the business of changing lives and is a perfect opportunity for people like you to become a multi-unit franchise owner. The simple Fit36 business model allows franchise owners to hand over the daily operations to an experienced manager.
Between 2005 and 2012, gym memberships grew 22%, to 9 million memberships. In a single year between 2012 and 2013, gym memberships exploded by +16.5% and total memberships increased by 8.5 million. This trend continues upward today, and shows no signs of slowing down.