Murphy Business vs Fitness Machine Technicians Franchise Comparison

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

Start-Up Costs and Fees

 
Murphy Business Franchise
Fitness Machine Technicians Franchise
Investment $62,350 - $123,735$71,450 - $118,490
Franchise Fee $39,000 - $55,000$40,000 - $45,000
Royalty Fee 10%6%
Advertising Fee -1%
Year Founded 19942002
Year Franchised 20062012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Murphy Business Franchise
Fitness Machine Technicians Franchise
Experience The ideal candidate is 35 - 65 years old and meets most of the following criteria:
- Is a former business owner
- Is a former business buyer
- Holds or has held a management level position
- Wants to control his or her own destiny
- Is self-confident and likes working with people to help them achieve their dreams and goals
You don't need business broker experience. We will train you and provide you with the tools you need.
-

Financing Options

 
Murphy Business Franchise
Fitness Machine Technicians Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/YesYes/-
Start-up Costs -/Yes-/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Murphy Business Franchise
Fitness Machine Technicians Franchise
Training On-The-Job Training: Mentoring Classroom Training: 92 hours On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing Ad Templates National Media Regional Advertising Social media Website development Email marketing Ad Templates Social media SEO Website development
Operations

*Franchise can be run from home

*Absentee ownership of franchise is NOT allowed.

Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans

 
Murphy Business Franchise
Fitness Machine Technicians Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Murphy Business

Murphy Business and Financial Corporation gives the new or experienced business representative with the bolster required to fabricate a fruitful business financier firm on a few fronts:

*Assist customers in the possession exchange of secretly held little to medium estimated organizations
*Working with purchasers to purchase a business
*Helping purchasers to buy another establishment business
*Providing current entrepreneurs with business valuations of their business or assess their apparatus and gear
*Assist bigger organizations with mergers and acquisitions (these organizations regularly have incomes in overabundance of $5 million)
*Provide customers with business land financier, renting, property administration and inquiry administrations.

Being a Murphy business representative is about being ready to go for yourself, not without anyone else's input. While you may work in one or the greater part of the above regions, our corporate and provincial office staff is accessible to help you in giving an entire scope of administrations for our customers.

Murphy's inventive sovereignty structure guarantees that the main part of the commission remains with you and your specialists, making the wage potential one of the most elevated in the business.

With Murphy's times of involvement in the field, you will have the bolster you have to determine issues and close business, furnishing you with income from different sources.

Seeking new franchise units in USA and Canada    

Veteran Incentives  $5,000 off franchise fee

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.