Fitniks vs Parker-Anderson Enrichment Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fitniks vs Parker-Anderson Enrichment including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Fitniks Franchise	Parker-Anderson Enrichment Franchise
Investment	$171,000 - $242,250	$15,980 - $81,100
Franchise Fee	$39,000	N/A
Royalty Fee	-	8%
Advertising Fee	-	-
Year Founded	2006	2005
Year Franchised	2006	2014
Term Of Agreement	5 years	-
Term Of Agreement	5 years	-
Renewal Fee	-	-
Business Experience Requirements
	Fitniks Franchise	Parker-Anderson Enrichment Franchise
Experience	-	-
Financing Options
	Fitniks Franchise	Parker-Anderson Enrichment Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/Yes
Start-up Costs	-/-	-/-
Equipment	-/-	-/-
Inventory	-/-	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	Fitniks Franchise	Parker-Anderson Enrichment Franchise
Training	-	On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training
Support	-	Meetings/Conventions Toll-Free Line Online Support
Marketing	-	National Media Website development
Operations	-	Number of Employees Required to Run: 1 - 4
Expansion Plans
	Fitniks Franchise	Parker-Anderson Enrichment Franchise
US Expansion	-	Yes
Canada Expansion	-	-
International Expansion	-	-

Company Overviews

About Fitniks

NO LONGER FRANCHISING

About Parker-Anderson Enrichment

For over twenty-five years, Parker-Anderson Enrichment has offered the most diverse selection of kids programs
that any franchise has to offer. Our motto is “Fun Comes First,” our intention is to educate through hands-on learning,
and our hope is that students around the world can share our abundant array of classes.
Considering that demand keeps growing for after school programs, and that shrinking school budgets increase the market for someone to take over hands-on learning

#373 in Franchise 500 for 2021.