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Below is an in-depth analysis and side-by-side comparison of Nifty after Fifty vs OrangeTheory 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 | $197,000 - $650,000 | $608,172 - $1,800,322 |
Franchise Fee | N/A | $59,500 |
Royalty Fee | - | 8% |
Advertising Fee | - | 2% |
Year Founded | - | 2010 |
Year Franchised | - | 2010 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor |
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: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op advertising, Ad slicks, Regional advertising |
Operations | - | Manual provided Number of Employees Required to Run: 8 - 11 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | Yes |
Nifty after Fifty offers services beyond physical therapy and fitness training. Re-charge your life! Feel, look and be your best! Take advantage of any combination of our services. At Nifty after Fifty you have access to an array of services to help you look and feel great!