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21 Minute Convenience Fitness vs Club 50 Fitness Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs Club 50 Fitness Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $124,500 - $195,300 | $52,858 - $87,950 |
| Franchise Fee | $29,500 | $24,900 |
| Royalty Fee | 3% | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2003 |
| Year Franchised | 2005 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 25% of fran. 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/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Internet | We provide you with five days of comprehensive training in our business operations and procedures, including our superb exercise and fitness program. You'll learn how to use our excellent office, sales, computer software, and marketing systems. Your training will consist of both classroom and hands-on experience. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | As a valued member of our franchise system, you'll receive outstanding business advice and support. You'll be visited, on a periodic basis, by a Club 50 Fitness field representative. And, we're always available during business hours to answer your questions and address your needs. |
| Marketing | Co-op advertising, Ad slicks | We're highly experienced in marketing Club 50 Fitness to the public. We'll supply you with attractive consumer marketing and advertising materials, programs, and ideas. You'll have guidelines for the implementation of advertising and promotional materials within your market. You will also have full access to our musical image, which can be used in any marketing venue, as well as full access to our professionally produced 30 and 60 second television spots. Club 50 believes in supplying the advertising and marketing tools necessary to be successful in today's competitive business climate. |
| 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. |
- |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Start-Up Costs and Fees Mobile |
||
| Investment | ||
| $124,500 - $195,300 | ||
| $52,858 - $87,950 | ||
| Franchise Fee | ||
| $29,500 | ||
| $24,900 | ||
| Royalty Fee | ||
| 3% | ||
| - | ||
| Advertising Fee | ||
| - | ||
| - | ||
| Year Founded | ||
| 2003 | ||
| 2003 | ||
| Year Franchised | ||
| 2005 | ||
| 0 | ||
| Term Of Agreement | ||
| 10 years | ||
| - | ||
| Renewal Fee | ||
| 25% of fran. fee | ||
| - | ||
Business Experience Requirements |
||
| Experience | ||
| - | ||
| - | ||
Financing Options |
||
| In-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 |
||
| Training | ||
| Internet | ||
| We provide you with five days of comprehensive training in our business operations and procedures, including our superb exercise and fitness program. You'll learn how to use our excellent office, sales, computer software, and marketing systems. Your training will consist of both classroom and hands-on experience. | ||
| Support | ||
| Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | ||
| As a valued member of our franchise system, you'll receive outstanding business advice and support. You'll be visited, on a periodic basis, by a Club 50 Fitness field representative. And, we're always available during business hours to answer your questions and address your needs. | ||
| Marketing | ||
| Co-op advertising, Ad slicks | ||
| We're highly experienced in marketing Club 50 Fitness to the public. We'll supply you with attractive consumer marketing and advertising materials, programs, and ideas. You'll have guidelines for the implementation of advertising and promotional materials within your market. You will also have full access to our musical image, which can be used in any marketing venue, as well as full access to our professionally produced 30 and 60 second television spots. Club 50 believes in supplying the advertising and marketing tools necessary to be successful in today's competitive business climate. | ||
| 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. |
||
| - | ||
Expansion Plans |
||
| 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 Club 50 Fitness Centers
TARGET THE FASTEST GROWING DEMOGRAPHIC ** 50+ BABY BOOMERS** Club 50 Fitness Provides a Complete Fitness and Nutrition Solution for Men and Women 50 and Older. Club 50 Fitness combines Cardio, Strength Training and Nutrition in a fun, easy-to-follow 30-minute workout and no-nonsense diet and nutritional program. The Club workout utilizes state-of-the-art Hydraulic Resistance Equipment in a unique and fun format that accommodates ANY level of fitness. Franchisees receive: * Comprehensive Training (Our Club 50 University is unmatched) * An Exclusive Territory (A meaningful territory that allows for growth) * Ongoing Support (We never stop assisting you) * State-of-the-art Software System (This makes running your business a snap) * Top Quality Equipment (Our adjustable, heavy-duty equipment is the best in the industry) * Professional Advertising and Marketing Materials (Preproduced TV & Radio ads, Print Materials, Promotional Items) 50+ Facts... * Seniors (50+) are the fastest growing market today, now comprising almost 40% of the U.S. adult population. * Seniors control over 70% of all disposable income with $2 trillion in spending power and more than $1 trillion of that spent on goods and services. * Seniors spend more on health and personal care than any other age group. Club 50 Fitness: * Targets fastest growing market segment * Features fitness and nutrition programs and equipment designed exclusively for 50+ adults * Targets an untapped and highly affluent demographic. (Coed Active Adults) * Includes comprehensive software that simplifies managing your business. Provides outstanding franchisee support JOIN OUR GROWING FAMILY OF FRANCHISEES!