| ||||
Updated RecentlyFranchise Development Services vs Fitness Machine Technicians Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Franchise Development Services vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $350,000 - $750,000 | $71,450 - $118,490 |
| Franchise Fee | N/A | $40,000 - $45,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1981 | 2002 |
| Year Franchised | 1985 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
||
| Training | - | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | - | Ad Templates Social media SEO Website development |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Franchise Development Services
Whether you are an individual with capital to to invest in a franchise licence, or a company seeking Franchise Consultants to assist in the development of national and international franchise networks, FDS can provide the best advice and guidance founded on 26 years of serving the franchise industry.
We have developed a complete range of franchise consultancy products and services for prospecitive and established franchisees and franchisors, as well as a range of franchise publications including the best selling The Franchise Magazine.
So whether you want to be your own boss by becoming a Franchisee, invest in a national venture by becoming a Master Franchisee, or expand your business by Franchising nationally or internationally, FDS can help you.
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
#45 on Franchise Rankings.com
About Fitness Machine Technicians
At Fitness Machine Technicians, we pride
ourselves on offering aspiring business owners the opportunity to build
their franchise quickly and efficiently so they can thrive in their new
career path.
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners. The benefits are:
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners. The benefits are:
- You can work from a home-based office or small leased space (500sf).
- You can lease or buy your technicians’ field vehicles.
- Inventory is on demand direct from suppliers as needed for repairs, so minimal storage space is needed.
#208 in Franchise 500 for 2021. Not in Franchise 500 for 2020.