|
Below is an in-depth analysis and side-by-side comparison of Platoon Fitness vs FIT4MOM including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $29,300 - $40,100 | $6,905 - $26,385 |
Franchise Fee | $20,000 | $6,495 - $12,395 |
Royalty Fee | 6% | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
Advertising Fee | - | $10 - $30 |
Year Founded | 1999 | 2001 |
Year Franchised | 2006 | 2005 |
Term Of Agreement | 5 years | 3 Year |
Term Of Agreement | 5 years | 3 Year |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Fitness background is a plus, but not a requirement! We will train you! |
Financing Options |
||
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 |
||
Training | * Available at headquarters: 2 weeks * At franchisee's location: 2 months * Additional training 5 times a year at franchisee's location | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. |
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 |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
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.
Owning a FIT4MOM franchise allows you to have the best of both worlds -- to become a successful business owner and have a career that is supportive of motherhood.
But the most rewarding part of being a FIT4MOM owner can only be described in one word: IMPACT. As a small business owner, you have the power to change the lives of women in your community Every. Single. Day.
Does this sound like the right fit for you?