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Below is an in-depth analysis and side-by-side comparison of PickUp USA Fitness vs Premier Martial Arts Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $533,266 - $1,150,054 | $141,048 - $201,448 |
Franchise Fee | $45,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 1% - 2% | - |
Year Founded | 2011 | 2018 |
Year Franchised | 2016 | 2018 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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. | While the instructor is running the studio, your primary responsibility is to make sure your students have a world class martial arts experience. Your role will be in networking, building relationships with your community, marketing with our proven systems and implementing our processes that you will learn during training at our headquarters. Premier Martial Arts is a simple business to run with enormous profit potential. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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! | We offer initial business training, curriculum training, instructor training and a wide range of ongoing support. You will receive ongoing marketing, support for you and your staff, as well as coaching to help ensure your business is running smoothly and that you are reaching your financial goals. We train all Premier Martial Arts instructors extensively to be martial arts professionals before they ever teach any of our students. |
Marketing | - | - |
Operations | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |