|
Below is an in-depth analysis and side-by-side comparison of Fit For Her vs RedLine Athletics including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $120,000 - $150,000 | $245,733 - $452,483 |
Franchise Fee | N/A | $39,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | 1% |
Year Founded | - | 2013 |
Year Franchised | - | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 20 hours Classroom Training: 20 hours |
Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
We offer a dynamic opportunity in a fast growing business with significant potential. Now is a great time to take advantage of the growth in the fitness industry, especially in the woman's fitness and weight loss segment, which is the fastest growing segment in the fitness industry. The number of health clubs and gyms in the US has increased consistently over the past 5 years, up 39% from 13,097 businesses in 1997. This news follows the announcement that consumer demand for health clubs remained strong in 2001, growing approximately 3% to 33.8 million US members as of January of this year. Clearly, Americans are still using there disposable income to attain their fitness and weight goals - despite a rocky economy.
Your own business in sports and fitness is within reach. RedLine Athletics specializes in training young athletes in the 8-18 year old age range. RedLine Athletics occupies a unique niche in the $38 Billion Dollar fitness industry. An estimated 35 million children participate in youth sports every year. There is a tremendous need and demand for specialized fitness and athletic training for the 8 -18 year old market.
Youth sports represents a large industry, conservatively estimated at $5 billion a year in the United States alone. With huge demand for services and no clear market leader, now is the right time to capture this young, growing and highly fragmented market.