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Below is an in-depth analysis and side-by-side comparison of Concept 10 10 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 | $100,000 - $150,000 | $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 |
THIS IS NOT A FRANCHISE THIS IS A LICENSING OPPORTUNITY Join Concept 10 10 for an outstanding business opportunity. Concept 10 10's equipment is one-of-a-kind with the main goal of creating improved health and functionality for its clients. Strengthening the lower back to prevent, reduce and eliminate lower back problems is just one of the niche markets for this business. An exceptional track record in 8 countries worldwide. Cost to start up is approximately $200,000 or more. Training and information for all licensing agreements are available at the Concept 10 10 office based in Naples.