|
Below is an in-depth analysis and side-by-side comparison of PickUp USA Fitness vs Fun Fieldz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $533,266 - $1,150,054 | $29,790 - $50,115 |
Franchise Fee | $45,000 | $15,000 - $22,500 |
Royalty Fee | 6% | 5% |
Advertising Fee | 1% - 2% | $150/mo. |
Year Founded | 2011 | 2012 |
Year Franchised | 2016 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers | On-The-Job Training: 10 hours Classroom Training: 10 hours |
Support | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! | Grand Opening Field Operations |
Marketing | - | Co-op Advertising Social media SEO Website development Email marketing |
Operations | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. | Number of Employees Required to Run: 5 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Fun Fieldz offers franchise units that bring a range of miniature, authentic sports fields to your location to create a unique and memorable experience. Yes, we take the ball game out to you! Fun Fieldz was created by fathers as a way to compete with video games, computers and social media. We wanted to get our children off the couch and outside for good old active fun. We realized that what we had created was not just a great way to keep kids active, but also a chance for adults to reconnect with their childhood and a way to build stronger relationships between family, friends and co-workers. We launched our company in 2012 and have been building the Fun Fieldz experience every day since.