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Updated RecentlyCFO Systems vs Fitness Machine Technicians Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CFO Systems 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 | $50,000 | $71,450 - $118,490 |
| Franchise Fee | $25,000 | $40,000 - $45,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 2% | 1% |
| Year Founded | - | 2002 |
| Year Franchised | - | 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 | - | 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About CFO Systems
A BUSINESS MODEL THAT WORKS FOR YOU
Min. Liquid Capital: $50,000
Min. Net Worth: $75,000
Total Investment: $50,000
Become a part of the team.
A BUSINESS SYSTEM THAT MAKES SENSE.CFO Systems focuses on results. We have the track record to prove it. You can run a business with a team of proven professionals behind you, supplying you with the tools to succeed and the processes to improve your bottom line. The CFO Systems license will provide a business model based on experience and market testing. As part of the CFO Systems program, you will be provided with the most effective marketing, operational and business model available in the outsourcing business.
WE CARE.
The license organization is operated like a tightly-knit business and works with licensees like members of the family. You can expect to be treated with care, fairness and respect when joining the CFO Systems license family.
SUPPORT
CFO Systems has a staff of management members that will be there for you each step of the way as you launch, build and develop your outsourcing business. Don't go into business on your own. Let us help you answer the questions that come with starting a new business. Take control of your future with the support and guidance from an experienced team of professionals. For more details call Alan George 978-886-7908
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:
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.