The Organization Supporting Business Owners vs Fitness Machine Technicians Franchise Comparison

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

Start-Up Costs and Fees

 
The Organization Supporting Business Owners Franchise
Fitness Machine Technicians Franchise
Investment $25,000$71,450 - $118,490
Franchise Fee N/A$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

 
The Organization Supporting Business Owners Franchise
Fitness Machine Technicians Franchise
Experience --

Financing Options

 
The Organization Supporting Business Owners 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

 
The Organization Supporting Business Owners 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

 
The Organization Supporting Business Owners Franchise
Fitness Machine Technicians Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About The Organization Supporting Business Owners

NO LONGER FRANCHISING

OSBO is expanding our local consulting and training benefits through franchise territories. Our OSBO franchisees will have access to the latest technology, to manage their database, develop reports and handle the accounting for the membership. Each franchise territory will have its own locally branded website for posting local events and member information. We offer our franchisees a business with low overhead and no requirements of a physical location. For more information about an OSBO Franchise, please contact OSBO Franchising, LLC at [email protected] e-mail address is being protected from spam bots, you need JavaScript enabled to view it and visit our membership site at http://www.osbo.org/. Benefits of an OSBO Franchisee REASONS TO BECOME AN OSBO FRANCHISEE * An exciting new franchise concept * Five years of success * Exclusive territory * Low overhead * No physical location is required * Accounting and merchant fees managed by Corporate Office * Locally branded website * Online reporting * Online database * Low monthly fees * Builds visibility in the business community for the franchisee * A great compliment to an existing sales and business support service company * Complimentary to other franchise concepts and franchise ownership A GREAT PRODUCT THAT BUSINESS OWNERS NEED OSBO membership benefits are a product that any business owner could use. A low annual fee makes it an easy decision for a business owner to join. Benefits extend to the employees of the member firms making it attractive to a business of any size. Association Health programs make membership a great advantage to small business owners without existing health plans. REVENUE STREAMS FOR FRANCHISEES Franchisees receive 70% of revenue from memberships and local consulting fees and all of the local revenue from local events. OSBO offers a tiered membership program based on the number of locations that a company has in a franchise territory increasing the revenue opportunity for the franchisee. OSBO has local consulting teams that pay an additional monthly fee to become the consultant in their category. Since OSBO membership benefits include the employees of each member firm, companies with multiple locations pay higher membership fees. The membership fees are annual giving the franchisee residual income when the members renew.

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.