Fernwood Women's Health Clubs vs PickUp USA Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fernwood Women's Health Clubs vs PickUp USA Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$500,000 - And Up | $533,266 - $1,150,054 |
Franchise Fee |
N/A | $45,000 |
Royalty Fee |
- | 6% |
Advertising Fee |
- | 1% - 2% |
Year Founded |
1989 | 2011 |
Year Franchised |
1993 | 2016 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love.
To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
� Three weeks comprehensive program
� E-learning modules
� This includes one week at National Support Office and two weeks in club
� Ongoing in-club support & training | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
Support |
- | PickUp USA provides comprehensive support from the day you sign your franchise agreement.
* Pre-Open Support
* Grand Opening Support
* Ongoing Support
o Assistance with site-selection, club layout, design & construction
o Comprehensive 8 day training
o On-site guidance for 5 days from our corporate team
o Support with marketing, sales and operations
o Continuous, on-site, telephone and email support will be with you during your entire journey
o Your success is our success!
|
Marketing |
- | - |
Operations |
- | We require an owner/operator
Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Fernwood Women's Health Clubs
Looking to own your own Fernwood business?Fernwood Women's Health Clubs is a dominant player in the women's-only fitness in Australia. It owes its success to the quality of the franchisees who work hard in partnership with Fernwood to make a difference in the lives of women.
We want franchise partners to join our team who:
*Have a passion for customer service
*Have a passion for health & fitness
*Have a passion to drive your own business
*Have a passion to make a difference
Fernwood system offers:
*a well branded and dominate player in women's only fitness
*lifestyle and financial rewards
*opportunity for personal growth and achievements
*full training and on going support
*security of a long term franchise model
About PickUp USA Fitness
Basketball-Focused Fitness Clubs!
PickUp USA Fitness clubs are full-service, basketball-focused gyms. Our clubs offer: group & private basketball training, officiated games of pickup basketball, full weight & cardio rooms, retail merchandise, lounges, and much more! We started our unique fitness concept in 2011, and spent 5 years refining our product, processes, and brand before franchising in 2016.
Limitless Opportunity
* In 2014, total US health club revenues increased 7.4% to $24.2 billion with 54.1 million Americans belonging to at least one health club nationwide (IHRSA data)
* Over 23 million people/year participate in basketball activities in the US (Statista data)
*
PickUp USA Fitness is the only basketball-focused fitness club operating in the US, and generates revenue from 4 diverse channels:
o Membership Dues
o Private Training Packages
o Merchandise Sales
o Private Court Rental Fees
Streamlined Operating Model
- Plug- and-play, refined and simple operating model
- Less than 10 total employees needed to run a PickUp USA
- Passionate staff that love fitness and basketball are naturally attracted to PickUp USA
- Polished marketing, sales, and operating processes allow your gym to operate seamlessly 365 days/year
- Established relationships with reputable suppliers and vendors:
- Gatorade
- SportCourt
- Wilson Basketball
- StarTrac
- ClaytonKendall
- Minimal inventory management with simple processes for ease of operating
- Bottom-line: A polished operating system allows you to have fun, interact with customers, and grow your business!