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Updated RecentlyShapeXpress vs Plus Fitness 24/7 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ShapeXpress vs Plus Fitness 24/7 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $89,500 - $152,000 | $298,000 - And Up |
| Franchise Fee | $20,000 | N/A |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 2002 | 1998 |
| Year Franchised | 2003 | 1998 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | Ongoing | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About ShapeXpress
NO LONGER FRANCHISING
Proven results for members AND franchisees!
Join our success in the $14.8 billion fitness industry! ShapeXpress for Women is setting the standard for women's only fitness franchise opportunities.
"Amazing support from the corporate office." That's what our franchisees are saying about ShapeXpress. Support in every area of starting and operating your club: finding a location, negotiating a lease, decor & build-out, financing, marketing, membership sales, daily operations, billing, member tracking, hiring and more. Each franchisee is assigned a Franchise Support Executive to personally assist with setting goals and addressing concerns. Weekly conference calls keep our franchisees in communication with our corporate office and each other.
Among U.S. franchises, 65% consist of fewer than 100 stores and 49% have under 50 locations. Compare this to ShapeXpress, which in its first 3 years of offering, has sold over 300 franchises!
About Plus Fitness 24/7
The only true 24 Hour Gym, Turn Key Franchise on the market, Plus Fitness 24/7 capitalizes on strong supplier relationships developed over its 16 years of trading in the Australian Fitness Industry. Plus Fitness provides the most competitively priced 24 Hour Gym Franchise with an initial investment as low as $269k including all gym equipment, aesthetic fitout, signage, access control and marketing
Plus Fitness 24/7 Business Franchise Model includes: *24/7 operation *Swipe card access *No contract memberships with highly competitive price points *Complimentary fitness assessment and fitness programs for all members *Non intimidating, clean environments *High level focus on security and safety of members *Equipment designed to suit those new to exercise as well as those more experienced in exercising *Facilities staffed during peak times *Audio and Visual remote monitoring 24 hours a day *State of the art, back to base duress system *Typically 200sqm to 600sqm in size *Placed in convenient locations
Offering a franchise model that provides fast breakevens, low staffing and impressive returns, Plus Fitness 24/7 is a 'lifestyle' business second to none.