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Below is an in-depth analysis and side-by-side comparison of Nitro Fitness for Men vs Illuminate Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $55,500 - $76,500 | $57,000 - $213,000 |
Franchise Fee | $39,800 | $15,000 |
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 |
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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/No | -/- |
Training & Support |
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Training | - | We offer a 5 day training program to teach you how to run an illuminate gym and about 'High Oxygen Training'. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
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 illuminate gym model was born to provide entrepreneurs the opportunity to obtain the same success David Sedbrook has obtained while owning his own boutique fitness facility. Today illuminate gym is committed to giving future gym owners the training and support to show them our exciting and proven business model to ensure them the best opportunity to be successful. "There is nothing better than creating success for yourself by changing people's lives in a positive way" Call now for our specials on the first 10 franchises!