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Below is an in-depth analysis and side-by-side comparison of Hungry Heart 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 | $43,000 - $57,000 | $29,300 - $40,100 |
Franchise Fee | $24,500 | $20,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 1996 | 1999 |
Year Franchised | 2006 | 2006 |
Term Of Agreement | 7 years | 5 years |
Term Of Agreement | 7 years | 5 years |
Renewal Fee | $500 | - |
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 | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 2 months * Additional training 5 times a year at franchisee's location |
Support | - | - |
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 |
By the time many of our clients have reached The Hungry Heart, they feel like they have tried everything and they’ve had it. The same behaviors that drive us to be successful in parts of our
personal and professional life also lead us to having problems with
food. Why? When there is a problem we will give 150% to resolve it. If
we don’t know how to fix it and don’t accept that we can’t resolve it on
our own, we feel frustrated and stuck. When we feel stuck, we will
often use food to temporarily block out the pain and frustration of not
knowing how to fix the situation. As long as we need food to help us deal with what is emotionally
going on in our lives, it doesn’t matter what diet or program we try
because eventually we will go back to the food. We have to learn to
process our feelings and emotions so we don’t turn to food and use it as
a tool to deal with what is going on in our lives.
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.