21 Minute Convenience Fitness vs Tiger-Rock Martial Arts Franchise Comparison

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

Start-Up Costs and Fees
 
21 Minute Convenience Fitness Franchise
Tiger-Rock Martial Arts Franchise
Investment $124,500 - $195,300$133,600 - $270,700
Franchise Fee $29,500$25,000
Royalty Fee 3%$3.50/student/mo.
Advertising Fee --
Year Founded 20031983
Year Franchised 20052008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of fran. fee-


Business Experience Requirements
 
21 Minute Convenience Fitness Franchise
Tiger-Rock Martial Arts Franchise
Experience --

Financing Options
 
21 Minute Convenience Fitness Franchise
Tiger-Rock Martial Arts 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
Tiger-Rock Martial Arts 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.

-

Expansion Plans
 
21 Minute Convenience Fitness Franchise
Tiger-Rock Martial Arts Franchise
US Expansion -Yes
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 Tiger-Rock Martial Arts

"Tiger-Rock

In 1983, a group of martial-arts-school owners came together and formed the International Taekwondo Alliance to provide curriculum and operational support to others interested in opening schools in their own communities. The International Taekwondo Alliance was converted into a franchise program in 2008, under the new name Tiger-Rock Martial Arts. Franchises offer martial arts and fitness programs for children and adults.

The total investment necessary to begin operation of a Franchised Location is from $133,600 to $270,700. This includes $8,000 to $27,500 that must be paid to the franchisor or their affiliates.
The total investment necessary to enter into a Development Agreement is $23,500 to $48,000, for the right to develop 3 to 6 Franchised Locations. This includes $7,500 for each Franchised Location you agree to establish under the Development Agreement. For example, $22,500 to $45,000 must be paid to the franchisor or affiliate for the right to develop 3 to 6 Franchised Locations.