|
Below is an in-depth analysis and side-by-side comparison of Nitro Fitness for Men vs StrengthTime including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $55,500 - $76,500 | $100,000 - $160,000 |
Franchise Fee | $39,800 | N/A |
Royalty Fee | $498/month | - |
Advertising Fee | - | - |
Year Founded | 2004 | - |
Year Franchised | 2004 | - |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $5000 | - |
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/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
The Nitro franchise business was created by experienced businessmen with systems, solutions and services designed for franchise owners. Franchising opportunities are available for a total capital investment of $55,500 to $76,500. Liquid capital required is only $30,000.
The beauty of the StrengthTime system is its simplicity. The notion of "efficient & effective" translates to our business operations. First, StrengthTime requires a small footprint-1,500 and 2,000 sq. ft.-with locations enjoying success in secondary retail locations.
There are no locker rooms, showers or other environmental concerns. A single restroom, changing room, and small reception/office area are all you need to augment your workout studio. Additionally, because our program is so focused on providing an effective and efficient workout, there are no distractions like loud music or mirrors This helps clients focus on their workout.