Extreme Gym vs Red Effect Infrared Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Extreme Gym vs Red Effect Infrared Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Extreme Gym Franchise
Red Effect Infrared Fitness Franchise
Investment $75,453 - $96,998$149,500 - $1,037,500
Franchise Fee $10,000$45,000
Royalty Fee -7%
Advertising Fee -2%
Year Founded 20022016
Year Franchised 02016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Extreme Gym Franchise
Red Effect Infrared Fitness Franchise
Experience You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. -

Financing Options
 
Extreme Gym Franchise
Red Effect Infrared Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-No/Yes
Inventory -/-No/Yes
Receivables -/-No/Yes
Payroll -/-No/Yes

Training & Support
 
Extreme Gym Franchise
Red Effect Infrared Fitness Franchise
Training - On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually
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 - Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations - Number of Employees Required to Run: 5

Expansion Plans
 
Extreme Gym Franchise
Red Effect Infrared Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Extreme Gym

There are a number of reasons why the Extreme Gym franchise is a far smarter choice than other fitness franchising programs or trying to obtain a club on your own. Primarily the lower initial cost and lower ongoing monthly fee. However, there are also virtually no controls or restrictions, no reporting requirements, no non-competition agreements, and no performance criteria with us as compared to other gym franchises. In regards to some of the world's most expensive fitness franchises, franchisees often find themselves sinking their entire life savings into the business or taking out huge loans only to wait many years for profitability. The Extreme Gym program is 1/6 to 1/4 the cost so you start profiting in months.

About Red Effect Infrared Fitness

"Red

Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing approach to wellness.
Our group fitness classes combine infrared therapy, heart rate monitoring and
high-intensity interval training to provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just the infrared.
We have seen our members experience changes in body composition, energy levels,
self-confidence, muscle recovery, health conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.

The total investment necessary to begin operation of a Standard Studio is from $283,000 to $718,000. This includes $157,000 to $594,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Red Effect for Women Studio is from $149,500 to $349,200. This includes $101,750 to $228,500 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of an Executive Club is from $863,500 to $1,037,500. This includes $479,000 to $873,000 that must be paid to the franchisor or its affiliates.