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Updated RecentlyTime For Fitness Franchise
Health club for baby boomers & seniors
NO LONGER FRANCHISING
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Time For Fitness Franchise?
The investment required to open a Time For Fitness Franchise is between $58,000-$68,000. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Time For Fitness name.
Individual Unit Costs
- Initial Investment:
$58,000-$68,000 - Initial Franchise Fee:
$30,000 - Royalty Fee:
5% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
$5K
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When did Time For Fitness start Franchising? 2005
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 0 | 0 | 0 | 0 |
| 2004 | N/A | N/A | N/A | 0 |
| 2003 | N/A | N/A | N/A | N/A |
| 2002 | N/A | N/A | N/A | N/A |
| 2001 | N/A | N/A | N/A | N/A |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Co-op advertising, Regional advertising
0% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 1 - 3
Absentee ownership of franchise is allowed.
Business Experience:
Your income potential as a Time For Fitness Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Legal Disclaimer: This information is not a franchise offering for Time For Fitness and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Time For Fitness franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Time For Fitness
Time For Fitness LLC
667 Waterview Cove
Eagan,
MN
55123