| ||||
Updated RecentlyStrengthTime vs Extreme Gym Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of StrengthTime vs Extreme Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $100,000 - $160,000 | $75,453 - $96,998 |
| Franchise Fee | N/A | $10,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2002 |
| Year Franchised | - | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About StrengthTime
The beauty of the StrengthTime system is its simplicity. The notion of "efficient & effective" translates to our business operations. First, StrengthTime requires a small footprint-1,500 and 2,000 sq. ft.-with locations enjoying success in secondary retail locations.
There are no locker rooms, showers or other environmental concerns. A single restroom, changing room, and small reception/office area are all you need to augment your workout studio. Additionally, because our program is so focused on providing an effective and efficient workout, there are no distractions like loud music or mirrors This helps clients focus on their workout.
About Extreme Gym
There are a number of reasons why the Extreme Gym franchise is a far smarter choice than other fitness franchising programs or trying to obtain a club on your own.
Primarily the lower initial cost and lower ongoing monthly fee. However, there are also virtually no controls or restrictions, no reporting requirements, no non-competition agreements, and no performance criteria with us as
compared to other gym franchises.
In regards to some of the world's most expensive fitness franchises, franchisees often find themselves sinking their entire life savings into the business or taking out huge loans only to wait many years for profitability. The Extreme Gym program is 1/6 to 1/4 the cost so you start profiting in months.