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Below is an in-depth analysis and side-by-side comparison of Fitwize 4 Kids 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 | $70,000 - $100,000 | $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 |
The Fitwize 4 Kids Franchise is an incredible fun and rewarding business opportunity for success minded youth fitness professionals as well as fitness minded entrepreneurs.
With hundreds of people just like yourself asking about locations around the world Fitwize 4 Kids business model is the place to start your passion in the field of children and fitness.