Time For Fitness vs Aging Excellence Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Time For Fitness vs Aging Excellence including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Time For Fitness Franchise
Aging Excellence Franchise
Investment $58,000 - $68,000$33,700 - $51,200
Franchise Fee $30,000$20,500
Royalty Fee 5%5%
Advertising Fee --
Year Founded 20041999
Year Franchised 20052003
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee $5K-


Business Experience Requirements
 
Time For Fitness Franchise
Aging Excellence Franchise
Experience
  • General business experience
  • Marketing skills
  • Interest in fitness
    		• -

    Financing Options
     
    Time For Fitness Franchise
    Aging Excellence Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Time For Fitness Franchise
    Aging Excellence Franchise
    Training -* Available at headquarters: 1 week

    * At franchisee's location: 2 days

    * Other training available
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations* Meetings

    * Toll-free phone line

    * Grand opening

    * Internet

    * Security/safety procedures

    * Field operations/evaluations

    * Purchasing cooperatives
    Marketing Co-op advertising, Regional advertising* Co-op advertising

    * Ad slicks

    * Regional advertising

    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 3

    Absentee ownership of franchise is allowed.

    		* Franchise can be run from home

    * 100% of all franchisees own more than one unit

    * Number of employees needed to run franchised unit: 14 - 14

    * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Time For Fitness Franchise
    Aging Excellence Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Time For Fitness

    NO LONGER FRANCHISING

    About Aging Excellence

    Aging Excellence offers selected individuals the opportunity to own their own business.  To meet our high standards you must be committed to providing quality services, possess a positive caring attitude, and a good sense of humor, be willing to network within a diverse community and have a genuine passion to succeed.
    Although helpful, no health care experience is necessary.
                                                          
    Founder Profile
    Bethany Lawrence RN, BSN CMC, founder and President of Aging Excellence is active in daily operations.  An entrepreneur at heart, Beth is a former Regional Clinical Director/Administrator for a Medicare Certified Home Health company that operated throughout the State of Maine.  Personal experience with her own family and professional assessment of many home health clients made Beth aware of the virtual lack of non-medical services and activities that would allow individuals to maintain their independence and enhance the quality of life during times of illness and throughout the aging process.