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Updated RecentlyFitness Machine Technicians vs Loyalty Business Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fitness Machine Technicians vs Loyalty Business Services 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 | $68,200 - $99,700 |
| Franchise Fee | $40,000 - $45,000 | $40,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 1% | - |
| Year Founded | 2002 | 2020 |
| Year Franchised | 2012 | 2020 |
| 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 Loyalty Business Services
!["Loyalty]("https://fddexchange.com/wp-content/uploads/2020/09/Loyalty-Business-Services-300x154.png")
Help small business owners recover from the current state of the economy.
Help accelerate business' growth strategy by augmenting their current client base without adding to their workload.
Let Loyalty Business Services help you hit your financial goals and take
your business to new heights.
Innovative, latest technology plus a proprietary unique system designed
to provide you a more profitable and scalable business.
We have the tools to support you in any
stage of your business.
No matter if you are an experienced entrepreneur or starting your first business, Loyalty Business Services can help.