PickUp USA Fitness vs Prime I.V. Hydration & Wellness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PickUp USA Fitness vs Prime I.V. Hydration & Wellness 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 | $157,902 - $339,402 |
Franchise Fee |
$45,000 | $45,000 |
Royalty Fee |
6% | - |
Advertising Fee |
1% - 2% | - |
Year Founded |
2011 | 2020 |
Year Franchised |
2016 | 2020 |
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 | - |
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!
| - |
Marketing |
- | - |
Operations |
We require an owner/operator
Approximately 10 staff are needed to run a PickUp USA Fitness club. | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About PickUp USA Fitness
Basketball-Focused Fitness Clubs!
PickUp USA Fitness clubs are full-service, basketball-focused gyms. Our clubs offer: group & private basketball training, officiated games of pickup basketball, full weight & cardio rooms, retail merchandise, lounges, and much more! We started our unique fitness concept in 2011, and spent 5 years refining our product, processes, and brand before franchising in 2016.
Limitless Opportunity
* In 2014, total US health club revenues increased 7.4% to $24.2 billion with 54.1 million Americans belonging to at least one health club nationwide (IHRSA data)
* Over 23 million people/year participate in basketball activities in the US (Statista data)
*
PickUp USA Fitness is the only basketball-focused fitness club operating in the US, and generates revenue from 4 diverse channels:
o Membership Dues
o Private Training Packages
o Merchandise Sales
o Private Court Rental Fees
Streamlined Operating Model
- Plug- and-play, refined and simple operating model
- Less than 10 total employees needed to run a PickUp USA
- Passionate staff that love fitness and basketball are naturally attracted to PickUp USA
- Polished marketing, sales, and operating processes allow your gym to operate seamlessly 365 days/year
- Established relationships with reputable suppliers and vendors:
- Gatorade
- SportCourt
- Wilson Basketball
- StarTrac
- ClaytonKendall
- Minimal inventory management with simple processes for ease of operating
- Bottom-line: A polished operating system allows you to have fun, interact with customers, and grow your business!
About Prime I.V. Hydration & Wellness
Prime offers a disruptive healthcare solution to a problem where only
8-10% of oral consumption gets to tissues that need nutrients
- Proven franchise system to grow a customer base quickly
- Innovative
model where IV drips deliver essential vitamins, minerals, amino acids
& antioxidants directly to the body for 100% absorption
- Be a part of the $3 trillion global wellness industry
- Administer groundbreaking protocols to stimulate the immune system and overall health
- Access a proprietary social media marketing system
- Hands-on and online continuing education curriculum
- Experience training from medical professionals
- Benefit from a lucrative membership model to enhance revenue
- Business is thriving after Covid-19