Nitro Fitness for Men vs Extreme Gym Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nitro Fitness for Men vs Extreme Gym including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Nitro Fitness for Men Franchise
Extreme Gym Franchise
Investment $55,500 - $76,500$75,453 - $96,998
Franchise Fee $39,800$10,000
Royalty Fee $498/month-
Advertising Fee --
Year Founded 20042002
Year Franchised 20040
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $5000-


Business Experience Requirements

 
Nitro Fitness for Men Franchise
Extreme Gym Franchise
Experience -You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car.

Financing Options

 
Nitro Fitness for Men Franchise
Extreme Gym Franchise
  In-House/3rd PartyIn-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

 
Nitro Fitness for Men Franchise
Extreme Gym Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Nitro Fitness for Men Franchise
Extreme Gym Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Nitro Fitness for Men

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.

About Extreme Gym

There are a number of reasons why the Extreme Gym franchise is a far smarter choice than other fitness franchising programs or trying to obtain a club on your own. Primarily the lower initial cost and lower ongoing monthly fee. However, there are also virtually no controls or restrictions, no reporting requirements, no non-competition agreements, and no performance criteria with us as compared to other gym franchises. In regards to some of the world's most expensive fitness franchises, franchisees often find themselves sinking their entire life savings into the business or taking out huge loans only to wait many years for profitability. The Extreme Gym program is 1/6 to 1/4 the cost so you start profiting in months.