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Below is an in-depth analysis and side-by-side comparison of Rejuvenate Health Fitness Medspa vs PickUp USA 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 | $533,266 - $1,150,054 |
Franchise Fee | $19,999 | $45,000 |
Royalty Fee | Greater of $499 or 7% | 6% |
Advertising Fee | - | 1% - 2% |
Year Founded | - | 2011 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
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 | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
Marketing | - | - |
Operations | - | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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".