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Below is an in-depth analysis and side-by-side comparison of The Blitz vs Precision Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,500 - $89,500 | $87,550 - $107,000 |
Franchise Fee | $10,000 | $25,000 |
Royalty Fee | 0% | - |
Advertising Fee | 0% | - |
Year Founded | 2002 | - |
Year Franchised | 2002 | - |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal 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/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Toll-free phone line, Internet, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
Operations |
6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING
Precision Fitness combines weight training, cardiovascular exercise and nutrition into individualized programs like many private fitness environments, but differs significantly by offering private fitness training for as low as $18 per session, the lowest per-session cost in California. Thriving as a fitness business concept with continued growth over the last 12 years, Precision Fitness is now a franchised system offering exceptional value, operations training and support, established business systems, and franchise financing options.