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Below is an in-depth analysis and side-by-side comparison of Fernwood Women's Health Clubs vs Tapout 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 | $500,000 - And Up | $158,410 - $736,491 |
Franchise Fee | N/A | $45,000 - $50,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | - |
Year Founded | 1989 | 2014 |
Year Franchised | 1993 | 2015 |
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 | � 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: 20 hours Classroom Training: 38 hours |
Support | - | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |