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Below is an in-depth analysis and side-by-side comparison of Retro Fitness vs Twist Sport including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $939,250 - $1,600,500 | $300,000 - $400,000 |
Franchise Fee | $69,000 | $35,000 |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 2002 | 1999 |
Year Franchised | 2006 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Net worth requirement: $1M+ Cash liquidity requirement: $200K Business Experience: * General business 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/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 50 hours Classroom Training: 20 hours | - |
Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | * 25% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 20 * Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
Since 1999, Twist Conditioning Inc., has been a world-pioneer in game particular and practical wellness. Similarly as adjust is the establishment of our preparation, it is likewise the mainstay of our organization. Inside 4 noteworthy divisions - preparing, items, instruction and establishment - we offer competitor preparing administrations, special game wellness items, proficient game molding instructive projects and a coordination of these 3 divisions in our diversified game molding focuses. These are the key advantages of a Twist Conditioning establishment:
* Make a positive effect on your group
* Capitalize on a detonating market
* Strong International brand
* Rewarding industry
* Multiple income streams
* Lead advertise situating
* Secured Territory
* Proven and star table plan of action
* Turn-key frameworks
* High profitability per square foot
* Detailed operations manual
* Secured industry site areas
* Business administration, deals and promoting preparing
* Discounted buying with providers
* Work with world class competitors
* Top to bottom instruction and preparing
* Unparalleled on-going backing
* Strong authority
* Cohesive and positive corporate culture
* Hands-on set up help
* Packaged instructive introductions
* Access to industry's top taught representatives
* Work with inventive items
* Corporate trustworthiness
* Experienced and conferred corporate bolster group
* FUN!