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Below is an in-depth analysis and side-by-side comparison of Precision Fitness vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $87,550 - $107,000 | $188,070 - $351,885 |
Franchise Fee | $25,000 | $129,500 |
Royalty Fee | - | $550/mo. |
Advertising Fee | - | - |
Year Founded | - | 2016 |
Year Franchised | - | 2017 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Precision Fitness combines weight training, cardiovascular exercise and nutrition into individualized programs like many private fitness environments, but differs significantly by offering private fitness training for as low as $18 per session, the lowest per-session cost in California. Thriving as a fitness business concept with continued growth over the last 12 years, Precision Fitness is now a franchised system offering exceptional value, operations training and support, established business systems, and franchise financing options.