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Updated RecentlyFitness Machine Technicians vs Network Lead Exchange Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fitness Machine Technicians vs Network Lead Exchange including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $71,450 - $118,490 | $12,075 - $120,200 |
| Franchise Fee | $40,000 - $45,000 | $9,950 - $100,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 1% | - |
| Year Founded | 2002 | 2018 |
| Year Franchised | 2012 | 2018 |
| 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 | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training | - |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software | - |
| Marketing | Ad Templates Social media SEO Website development | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Fitness Machine Technicians
At Fitness Machine Technicians, we pride
ourselves on offering aspiring business owners the opportunity to build
their franchise quickly and efficiently so they can thrive in their new
career path.
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners. The benefits are:
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners. The benefits are:
- You can work from a home-based office or small leased space (500sf).
- You can lease or buy your technicians’ field vehicles.
- Inventory is on demand direct from suppliers as needed for repairs, so minimal storage space is needed.
#208 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
About Network Lead Exchange
Network Lead Exchange is the
premier online network of businesses.
With the intent of promoting new
business referrals within each local chapter, Network Lead Exchange
brings networking online, allowing members to pass and receive leads
virtually. Network Lead Exchange puts convenience and results into
networking, without the traditional demanding requirements and meetings.
With a state-of-the-art platform, organized by chapters, members
exchange leads and ideas, share promotions and events, learn from pros
and access a network of service providers that provide specific
incentives to all members across Network Lead Exchange.
The total investment necessary to begin operation of a Network Lead Exchange area representative franchise is $106,150 to $120,200. This includes $100,000 that must be paid to the franchisor or affiliate.