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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs F45 Training 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 | $313,200 - $485,100 |
Franchise Fee | $29,500 | $50,000 |
Royalty Fee | 3% | 7% |
Advertising Fee | - | $200/mo. |
Year Founded | 2003 | 2011 |
Year Franchised | 2005 | 2013 |
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 | - | 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!
F45 is a dynamic and ever-evolving leader in innovation across the health and fitness industry. Offering a unique opportunity that is driven by quality, reputation, and convenience, F45 sets itself apart from competitors with a success-proven model for franchisees.
Integrating two of the most innovative and widely researched trends in the health and fitness industry, F45 has created a highly functional team training program. The pairing of interval cardio and strength training has been shown to be the most effective method of burning fat and building lean muscle.