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Updated RecentlyThe Franchise Group vs Fitness Machine Technicians Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Franchise Group vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $91,500 - $102,000 | $71,450 - $118,490 |
| Franchise Fee | N/A | $40,000 - $45,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2004 | 2002 |
| Year Franchised | 2004 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | - | Ad Templates Social media SEO Website development |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About The Franchise Group
The company specialises, using its unique 'Upside Down Franchising System', in helping small and medium sized enterprises (SME's) to franchise their businesses. In a short period of time the company has grown to become the largest franchise specialist in the UK with 17 Senior Franchise Partners, 60 Franchise Partners and over 50 clients. In November 2005 the company was approached by several individuals and companies from around the world asking for International Master Licences to use the 'Upside Down Franchising System' in their own country/territory. In response to these approaches The Franchise Group has formed a company called The Franchise Group International (TFGI) to offer International Master Licences to suitable individuals and organisations throughout the world. Market research shows that the franchise market in most of the western world and several emerging nations is growing steadily with no clear market leader within our specialisation. With this in mind we believe that our 'Upside Down Franchising System' can, as in the UK, be successfully implemented throughout the world, helping SME's to successfully transform their businesses into franchises, and in turn giving excellent financial returns to the Master Franchisee and his team. Taking into account the experience and enthusiasm of the management team, the excellent existing infrastructure, together with the currently successful business, the time is now perfect for TFG to expand its franchise network by offering Master Licences to suitably qualified individuals and organisations around the world.
About Fitness Machine Technicians
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners. The benefits are:
- You can work from a home-based office or small leased space (500sf).
- You can lease or buy your technicians’ field vehicles.
- Inventory is on demand direct from suppliers as needed for repairs, so minimal storage space is needed.