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Updated RecentlyFitness Machine Technicians vs CoHatch Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fitness Machine Technicians vs CoHatch 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 | $138,850 - $916,500 |
| Franchise Fee | $40,000 - $45,000 | $39,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 1% | - |
| Year Founded | 2002 | 2017 |
| Year Franchised | 2012 | 2017 |
| 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 CoHatch
!["CoHatch]("https://fddexchange.com/wp-content/uploads/2020/02/CoHatch-300x109.jpg")
COhatch is a co-working, meeting, and lifestyle company with a mission
to Strengthen Communities and Improve Lives. We are built around the
way you live, rather than having to build your life around work. We're
located in the very communities from which our members reside (and you
can use them all!). Come to COhatch and discover your vocational
purpose - where your personal happiness and your community's needs meet.
The total investment necessary to begin operation of a COhatch
Franchised Business is $138,850 to $845,500. This includes $39,000 that
must be paid to the franchisor and its affiliate(s).
The total investment necessary to begin operation of a COhatch Area Developer Franchise is $212,850 to $916,500. This includes between $35,000 and $110,000 that must be paid to the franchisor and its affiliates.
The total investment necessary to begin operation of a COhatch Area Developer Franchise is $212,850 to $916,500. This includes between $35,000 and $110,000 that must be paid to the franchisor and its affiliates.