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Below is an in-depth analysis and side-by-side comparison of Fitness Source vs Destination Athlete including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $28,300 - $93,610 |
Franchise Fee | N/A | $20,000 - $50,000 |
Royalty Fee | - | 5%-8% |
Advertising Fee | - | 2% |
Year Founded | - | 2008 |
Year Franchised | - | 2008 |
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 | -/- | Yes/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Fitness Source is Canada's premier source for fitness equipment. Fitness equipment is our specialty; everything from treadmills, stationary bikes and elliptical machines to mats, stability balls, and exercise videos. We also have resources and tools for group fitness classes, personal training, rehabilitation training and everything in between.
With an emphasis on both retail sales and commercial sales and service, Fitness Source has a long-standing tradition of outfitting Canadian fitness professionals and weekend warriors alike.