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Below is an in-depth analysis and side-by-side comparison of Hy-Tech Weight Loss vs Rejuvenate Health Fitness Medspa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $44,100 - $117,500 | $38,149 - $396,499 |
Franchise Fee | N/A | $19,999 |
Royalty Fee | - | Greater of $499 or 7% |
Advertising Fee | - | - |
Year Founded | 2004 | - |
Year Franchised | 2005 | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | * Classroom Training * Weekly Conference Call Training * On-site Club Training with One on One Assistance * Pre-training Prior to Rejuvenate University * Regional Training Seminars * Web-Based Training |
Support | - | * Marketing/Advertising * Pre-Sale Coordination and Launching of your Club * Operation of the Club * Implementation of all Revenue Sources * Membership Sales * Prospecting Tools * Equipment training |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
NO LONGER FRANCHISING
Franchising allows you to be in control of your own destiny with a proven successful system developed by experts. You will continuously receive operational support and on-going training support. You have a "Partner" in your business to help you every step of the way.
The fitness franchise industry continues to flourish. Between the years 2000 and 2005 IHRSA (International Health, Racquet, and Sportsclub Association) shows a 144% positive growth in the franchise fitness industry. There has also been an explosive unit growth of small format clubs in the franchising industry. Club Industry's Fitness Business Magazine stated that "Smaller format clubs tend to have more convenient locations and focus on a particular customer niche-women only, one on one training, and fitness only".