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Below is an in-depth analysis and side-by-side comparison of Rejuvenate Health Fitness Medspa vs Platoon Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $38,149 - $396,499 | $29,300 - $40,100 |
Franchise Fee | $19,999 | $20,000 |
Royalty Fee | Greater of $499 or 7% | 6% |
Advertising Fee | - | - |
Year Founded | - | 1999 |
Year Franchised | - | 2006 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
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 | -/- | No/No |
Start-up Costs | -/- | No/No |
Equipment | -/- | No/No |
Inventory | -/- | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | * Classroom Training * Weekly Conference Call Training * On-site Club Training with One on One Assistance * Pre-training Prior to Rejuvenate University * Regional Training Seminars * Web-Based Training | * Available at headquarters: 2 weeks * At franchisee's location: 2 months * Additional training 5 times a year at franchisee's location |
Support | * Marketing/Advertising * Pre-Sale Coordination and Launching of your Club * Operation of the Club * Implementation of all Revenue Sources * Membership Sales * Prospecting Tools * Equipment training | - |
Marketing | - | - |
Operations | - | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING
Franchising allows you to be in control of your own destiny with a proven successful system developed by experts. You will continuously receive operational support and on-going training support. You have a "Partner" in your business to help you every step of the way.
The fitness franchise industry continues to flourish. Between the years 2000 and 2005 IHRSA (International Health, Racquet, and Sportsclub Association) shows a 144% positive growth in the franchise fitness industry. There has also been an explosive unit growth of small format clubs in the franchising industry. Club Industry's Fitness Business Magazine stated that "Smaller format clubs tend to have more convenient locations and focus on a particular customer niche-women only, one on one training, and fitness only".
Can you devote the same focus to our franchise as our workout teams do to their fitness? If so, that's the kind of franchisee we're looking for! Platoon Fitness
That's right just like one of our workout teams, we expect our franchise team to be on board with the program 100%. There's simply no point in becoming a part of the team if you are not prepared to put in the effort and keep a sharp focus on the key factors needed to reach our franchise goals. The reason for our company's phenomenal success is no accident. Years of planning, testing, adjusting and refining have taught us many of the pitfalls of business ownership and allowed us to continually improve and learn through experience. A Platoon Fitness franchisee needs a clear mind to focus on the most important task at hand: running a successful business.