Fernwood Women's Health Clubs vs Workout Anytime 24/7 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fernwood Women's Health Clubs vs Workout Anytime 24/7 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$500,000 - And Up | $562,850 - $1,008,550 |
Franchise Fee |
N/A | $35,000 |
Royalty Fee |
- | 4%+ |
Advertising Fee |
- | 1% |
Year Founded |
1989 | 1999 |
Year Franchised |
1993 | 2005 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | Yes/- |
Start-up Costs |
-/- | Yes/- |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/- |
Payroll |
-/- | -/Yes |
Training & Support |
Training |
� Three weeks comprehensive program
� E-learning modules
� This includes one week at National Support Office and two weeks in club
� Ongoing in-club support & training |
On-The-Job Training: 30 hours
Classroom Training: 40 hours
|
Support |
- | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
- | Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
|
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About Fernwood Women's Health Clubs
Looking to own your own Fernwood business?Fernwood Women's Health Clubs is a dominant player in the women's-only fitness in Australia. It owes its success to the quality of the franchisees who work hard in partnership with Fernwood to make a difference in the lives of women.
We want franchise partners to join our team who:
*Have a passion for customer service
*Have a passion for health & fitness
*Have a passion to drive your own business
*Have a passion to make a difference
Fernwood system offers:
*a well branded and dominate player in women's only fitness
*lifestyle and financial rewards
*opportunity for personal growth and achievements
*full training and on going support
*security of a long term franchise model
About Workout Anytime 24/7
Franchising with Workout Anytime is a great option for those who are looking to have more control over their own destiny by running their own business. One of the perks of franchising with an established brand like Workout Anytime is that once your location is up and running, you’ll be able to enjoy greater flexibility with your time. We want our franchise-partners to enjoy financial and lifestyle independence by being able to delegate day-to-day tasks to their trusted employees, leaving them free to decide for themselves when they’d like to come in to work.
The total investment necessary to begin operation of a Workout Anytime franchised business is from $562,850 to $1,008,550. This
includes
$159,398 to $273,004 that must be paid to the franchisor or affiliate.
The total investment necessary under the Development Agreement is from
$1,643,550 to $2,980,650. This includes total initial franchise fees of
$60,000 that must be paid to the franchisor or its affiliates.
Veteran Incentives 22% off franchise fee
#351 in Franchise 500 for 2020.