21 Minute Convenience Fitness vs Bally Total Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs Bally Total Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
21 Minute Convenience Fitness Franchise
Bally Total Fitness Franchise
Investment $124,500 - $195,300$1,000,000 - $2,500,000
Franchise Fee $29,500N/A
Royalty Fee 3%-
Advertising Fee --
Year Founded 20031962
Year Franchised 20051997
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of fran. fee-


Business Experience Requirements

 
21 Minute Convenience Fitness Franchise
Bally Total Fitness Franchise
Experience --

Financing Options

 
21 Minute Convenience Fitness Franchise
Bally Total Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
21 Minute Convenience Fitness Franchise
Bally Total Fitness Franchise
Training Internet-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Co-op advertising, Ad slicks-
Operations 1% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2 - 2

Absentee ownership of franchise is allowed.

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Expansion Plans

 
21 Minute Convenience Fitness Franchise
Bally Total Fitness Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About 21 Minute Convenience Fitness

We are passionate about helping others succeed and invite you to explore a revolutionary business opportunity in the rapidly expanding fitness world. If you desire the freedom and independence to own and operate your own business, combined with the satisfaction of helping others achieve their health and fitness goals, then join 21 Minute Convenience Fitness, The Leader in Convenience Fitness. In 2004, former Harvard University economist, Zane Paul Pilzer, stated that the fitness, weight loss and wellness market in the US would grow from $300 billion to over one trillion dollars by the end of the decade!

About Bally Total Fitness

NO LONGER FRANCHISING