|
Below is an in-depth analysis and side-by-side comparison of The Camp Transformation Center vs The Max Challenge including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $175,000 - $288,500 | $131,868 - $280,592 |
Franchise Fee | $40,000 | $40,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 2% |
Year Founded | 2010 | 2011 |
Year Franchised | 2017 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Ideal franchisees showcase an unwavering desire to help people with compassion and empathy. While not necessary, an aptitude for sales is preferred along with leadership skills and a collaborative disposition. Cultivated to attract individuals or teams with an ambition to succeed, strong values and solid community connections, the franchise investment offers significant efficiencies of scale for multi-unit investors. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training |
Support | The Camp supports its franchisees with proven marketing, sales and operations programs, including a robust opening strategy to fill the initial signature six-week Challenge. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Number of employees per location: 7-10 41% of franchisees have two or more locations open | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
THE MAX Challenge gives our Franchise Owners the opportunity to make an incredible financial return on their investment while truly making a difference in the lives of their members and the community. Enjoy comprehensive guidance and strong ongoing support as you start on your path to fitness franchise ownership.