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Below is an in-depth analysis and side-by-side comparison of Fitness Together vs Fit For Her including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $189,162 - $328,576 | $120,000 - $150,000 |
Franchise Fee | $39,900 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1984 | - |
Year Franchised | 1996 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of current franchise fee | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Classroom Training: 40 hours | - |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Established by Rick Sikorski in 1983, Fitness Together offers individual instructional courses to customers between the ages of 15 and 80. The organization, which started diversifying in 1996, works diversified studios over the United States.
Best 5 reasons why you ought to consider owning a Fitness Together establishment:
- A one of a kind private preparing idea
- Solid establishment bolster with more than 30 years involvement in the individual preparing industry.
- Set up working frameworks that use best business hones.
- The chance to change lives with enhanced wellness and wellbeing
We offer a dynamic opportunity in a fast growing business with significant potential. Now is a great time to take advantage of the growth in the fitness industry, especially in the woman's fitness and weight loss segment, which is the fastest growing segment in the fitness industry. The number of health clubs and gyms in the US has increased consistently over the past 5 years, up 39% from 13,097 businesses in 1997. This news follows the announcement that consumer demand for health clubs remained strong in 2001, growing approximately 3% to 33.8 million US members as of January of this year. Clearly, Americans are still using there disposable income to attain their fitness and weight goals - despite a rocky economy.