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Below is an in-depth analysis and side-by-side comparison of Curves vs Nitro Fitness for Men including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $115,600 - $243,200 | $55,500 - $76,500 |
Franchise Fee | $39,900 | $39,800 |
Royalty Fee | 5% | $498/month |
Advertising Fee | - | - |
Year Founded | 1992 | 2004 |
Year Franchised | 1995 | 2004 |
Term Of Agreement | 5 years | 7 years |
Term Of Agreement | 5 years | 7 years |
Renewal Fee | - | $5000 |
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/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/No |
Training & Support |
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Training | At regional meetings (full day), convention (3 days), local events (1 day) | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
The Nitro franchise business was created by experienced businessmen with systems, solutions and services designed for franchise owners. Franchising opportunities are available for a total capital investment of $55,500 to $76,500. Liquid capital required is only $30,000.