Red Effect Infrared Fitness vs Fitness Premier Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Red Effect Infrared Fitness vs Fitness Premier including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$149,500 - $1,037,500 | $294,850 - $621,500 |
Franchise Fee |
$45,000 | $30,000 |
Royalty Fee |
7% | - |
Advertising Fee |
2% | - |
Year Founded |
2016 | 2006 |
Year Franchised |
2016 | 2016 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Red Effect Infrared Fitness
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.
About Fitness Premier
- As a Fitness Premier Franchising, LLC franchisee, you will own and operate a business
that provides fitness services and systems through affordable
membership programs under the tradename Fitness Premier .
- Cost effective to open
- Turnkey solutions
- Back end operational support (which enables our franchisees to focus on clients and enjoying their career)
- High profit margins
- Earn a living by making a difference
- Proven model
- Unique hybrid model that drives member experience