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Updated RecentlyForm YOU 3 vs PickUp USA Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Form YOU 3 vs PickUp USA Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $33,000 - $43,000 | $533,266 - $1,150,054 |
| Franchise Fee | $15,000 | $45,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% - 2% |
| Year Founded | - | 2011 |
| Year Franchised | - | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
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 | - | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
| Support | - | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
| Marketing | - | - |
| Operations | - | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Form YOU 3
Form YOU 3 Weight Loss Centers has been a leader
in the weight loss industry since 1982. Millions of dieters,
just like you, have achieved tremendous success on our weight loss,
weight management and nutrition programs with our high quality products
and comprehensive member support system.
Form YOU 3 takes an integrated approach to weight loss. We offer two
separate programs to fit members' individual weight loss needs. Our
Traditional Program consists of food exchanges that provide a healthy
diet and allow members to enjoy wholesome, natural, grocery store foods
while still losing weight. Our new Form YOU FastTM Program is a
nutrient-rich meal replacement program that offers aggressive weight
loss and is often suited to members' active lifestyles. Our support
system offers one-on-one guidance, behavioral modification techniques,
weight management classes (in select locations), and motivational and
nutritional tips. Form YOU 3 helps members to lose weight successfully
and keep it off. Members learn to apply the skills they have been taught
to change unhealthy food behavior patterns and develop a positive
mindset to achieve and maintain a healthy body weight!
About PickUp USA Fitness
PickUp USA Fitness clubs are full-service, basketball-focused gyms. Our clubs offer: group & private basketball training, officiated games of pickup basketball, full weight & cardio rooms, retail merchandise, lounges, and much more! We started our unique fitness concept in 2011, and spent 5 years refining our product, processes, and brand before franchising in 2016.
Limitless Opportunity
* In 2014, total US health club revenues increased 7.4% to $24.2 billion with 54.1 million Americans belonging to at least one health club nationwide (IHRSA data)
* Over 23 million people/year participate in basketball activities in the US (Statista data)
* PickUp USA Fitness is the only basketball-focused fitness club operating in the US, and generates revenue from 4 diverse channels:
o Membership Dues
o Private Training Packages
o Merchandise Sales
o Private Court Rental Fees
Streamlined Operating Model
- Plug- and-play, refined and simple operating model
- Less than 10 total employees needed to run a PickUp USA
- Passionate staff that love fitness and basketball are naturally attracted to PickUp USA
- Polished marketing, sales, and operating processes allow your gym to operate seamlessly 365 days/year
- Established relationships with reputable suppliers and vendors:
- Gatorade
- SportCourt
- Wilson Basketball
- StarTrac
- ClaytonKendall
- Minimal inventory management with simple processes for ease of operating
- Bottom-line: A polished operating system allows you to have fun, interact with customers, and grow your business!