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Below is an in-depth analysis and side-by-side comparison of Geeks In A Flash vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,000 - $84,000 | $71,450 - $118,490 |
Franchise Fee | N/A | $40,000 - $45,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | 2004 | 2002 |
Year Franchised | 2006 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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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 |
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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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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