KID-FIT vs Red Effect Infrared Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KID-FIT vs Red Effect Infrared Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$8,999 - $10,000 | $149,500 - $1,037,500 |
Franchise Fee |
N/A | $45,000 |
Royalty Fee |
- | 7% |
Advertising Fee |
- | 2% |
Year Founded |
1986 | 2016 |
Year Franchised |
2005 | 2016 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
Training |
- |
On-The-Job Training: 386 hours
Classroom Training: 94 hours
Additional Training: 15 hours annually
|
Support |
- | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform |
Marketing |
- |
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
- |
Number of Employees Required to Run: 5
|
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About KID-FIT
KID-FIT is an affordable children’s
business opportunity that is both profitable and rewarding. KID-FIT
offers a low start up cost and quicker return on investment compared to
other children’s fitness business opportunities and franchises, . You get
everything you need with step by step instructions on how to
build your business specifically, from the ground up, without prior sales experience.
Designed for you and your specific area.
What you need to get started:
- Business Package: $8999.00 - $9999.99 (or less if on a payment plan)
- One year of Liability Insurance: $375
- $4500 Approximately for equipment
- Approximately $100 month Marketing costs
- MS Office Professional
- DVD duplicating software
Additional Streams of Earnings:
All Business licensees are automatically considered brokers for the
KID-FIT program. As such, commission is earned on each sign up and each
renewal. See KID-FIT Zones.
Funds can also be generated from related sales on a number of KID-FIT
branded merchandise items, apparel, and more as approved by the
corporate office.
Your drive, experience, motivation and determination will dictate how
much money you earn. You’ll benefit from our complete Press Kit, 2-Year
Building Relationships Marketing Plan, Demo Kit with step-by-step
instructions, Sales Presentation Package, accounting plan with billing
template, all administrative documents needed to run your business,
office set-up and more as we constantly create and add items on request.About Red Effect Infrared Fitness
Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing
approach to wellness.
Our group fitness classes combine infrared
therapy, heart rate monitoring and
high-intensity interval training to
provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just
the infrared.
We have seen our members experience changes in body
composition, energy levels,
self-confidence, muscle recovery, health
conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.
The total investment necessary to begin operation of a Standard Studio
is from $283,000 to $718,000. This includes $157,000 to $594,000 that
must be paid to the franchisor or its affiliates.
The total investment
necessary to begin operation of a Red Effect for Women Studio is from
$149,500 to $349,200. This includes $101,750 to $228,500 that must be
paid to the franchisor or its affiliates.
The total investment necessary
to begin operation of an Executive Club is from $863,500 to $1,037,500.
This includes $479,000 to $873,000 that must be paid to the franchisor
or its affiliates.