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Below is an in-depth analysis and side-by-side comparison of Fun Bus vs PickUp USA Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,500 - $160,500 | $533,266 - $1,150,054 |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | - | 1% - 2% |
Year Founded | 2000 | 2011 |
Year Franchised | 2003 | 2016 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
Support | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
Marketing | Co-op advertising, Ad slicks | - |
Operations | - | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
It's more than an bus. It's an experience...Fun Bus is THE children's "FUN Fitness Program", with a low-cost, highly profitable operating system offering a FUN time, FUN talk and a FUN experience for everyone. The Company's foundation is solid and based on our experienced and dedicated people. We are the first to make this type of business affordable, and for that reason, our group of Franchisees will be at the forefront of an industry that just now is coming into its own. Presidents Message The children's fitness industry has exploded over the last few years and will continue to grow at a very fast pace. Our franchise package has been developed and designed to respond to childrens' wants and expectations when it comes to fun in a wholesome SAFE place. We are a new industry much like the sub sandwich shops industry was 15 years ago. As a Fun Bus Franchisee you will be in on the ground floor and staking your claim in this billion dollar industry. The Friendship Factory commitment to value and concern for safety will give you the foundation you could not possibly get - until now! A Dynamic Plan for Your Growth. By focusing our energies on quality, Fun Bus operating plan is enabling our Franchisees to increase sales, lower costs and increase cash flow, placing you in an even stronger position to succeed. In Numbers there is Strength. By becoming one of our Franchisees, you join an elite group chosen for their ability, knowledge, and a sincere desire to grow professionally. By grouping together, the benefit of numbers takes effect. This tremendous power gives you the advantage in purchasing and advertising. This strength is more important today than ever before.