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Below is an in-depth analysis and side-by-side comparison of Transworld Business Advisors vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $74,855 - $97,185 | $71,450 - $118,490 |
Franchise Fee | $49,500 | $40,000 - $45,000 |
Royalty Fee | 8% | 6% |
Advertising Fee | $150/mo. | 1% |
Year Founded | 2010 | 2002 |
Year Franchised | 2010 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
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 | Transworld Business Advisors will provide complete training and support on all indispensable services needed to buy or sell a business, including: *Listing a business for sale *Providing business valuations *Identifying and qualifying buyers *Marketing a business *Arranging financing *Managing due diligence *Coordinating closing *Guiding buyers and sellers through the entire sales process You receive the training and support that incorporate proven techniques so that you can achieve success fast. You have access to a network of business owners who have been through the exact same experience. Networking and support from other owners is a priceless resource in business ownership. On-The-Job Training: 33 hours Classroom Training: 70 hours | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
Support | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | Ad Templates Social media SEO Website development |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Transworld Business Advisors began in 2007 by Transworld Business Brokers and United Franchise Group