Itex Corporation vs Fitness Machine Technicians Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Itex Corporation vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Itex Corporation Franchise
Fitness Machine Technicians Franchise
Investment $15,000 - $30,000$71,450 - $118,490
Franchise Fee $10,000$40,000 - $45,000
Royalty Fee -6%
Advertising Fee -1%
Year Founded -2002
Year Franchised -2012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Itex Corporation Franchise
Fitness Machine Technicians Franchise
Experience --

Financing Options

 
Itex Corporation Franchise
Fitness Machine Technicians Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Itex Corporation Franchise
Fitness Machine Technicians Franchise
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

 
Itex Corporation Franchise
Fitness Machine Technicians Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Itex Corporation

ITEX has worked the last 30 years building North America's leading retail trade and barter exchange. With over 20,000 business members across the U.S. and Canada, ITEX makes barter easy and profitable for both our member businesses and our franchisees. Franchisees get an intensive week of training on barter and the ITEX system and continuing support as they grow their business and achieve their goals. ITEX franchisees work with businesses to help them increase sales, reduce cash expenses and build cash profits.

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:
  • 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.