Red Effect Infrared Fitness vs Pritikin Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Effect Infrared Fitness vs Pritikin including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Red Effect Infrared Fitness Franchise
Pritikin Franchise
Investment $149,500 - $1,037,500$26,069 - $70,713
Franchise Fee $45,000N/A
Royalty Fee 7%17.5%
Advertising Fee 2%-
Year Founded 20162013
Year Franchised 20162013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Red Effect Infrared Fitness Franchise
Pritikin Franchise
Experience --

Financing Options
 
Red Effect Infrared Fitness Franchise
Pritikin Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
Red Effect Infrared Fitness Franchise
Pritikin Franchise
Training On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually -
Support 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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Number of Employees Required to Run: 5 -

Expansion Plans
 
Red Effect Infrared Fitness Franchise
Pritikin Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About Red Effect Infrared Fitness

"Red

Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing approach to wellness.
Our group fitness classes combine infrared therapy, heart rate monitoring and
high-intensity interval training to provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just the infrared.
We have seen our members experience changes in body composition, energy levels,
self-confidence, muscle recovery, health conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.

The total investment necessary to begin operation of a Standard Studio is from $283,000 to $718,000. This includes $157,000 to $594,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Red Effect for Women Studio is from $149,500 to $349,200. This includes $101,750 to $228,500 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of an Executive Club is from $863,500 to $1,037,500. This includes $479,000 to $873,000 that must be paid to the franchisor or its affiliates.




About Pritikin

"pritikin
Pritikin offers licenses under which health care providers such as hospitals and cardiology practices can become certified to operate a portion of their existing health care business as a “Pritikin-certified” provider. “Pritikin-certified” programs offer and teach intensive cardiac rehabilitation programs to their patients using Pritikin’s proprietary “Pritikin” intensive cardiac rehabilitation program. These health care providers will conduct the Pritikin-certified Program for patients at their existing health care facilities.
The Pritikin Program is proven to prevent, control, or reverse risk factors for a multiplicity of diseases, ailments, and conditions including:
-Heart Disease, Angina Pain, Hypertension, Type 2 Diabetes, Metabolic Syndrome, Insulin Resistance, Excess Weight/Obesity, Prostate Cancer, Breast Cancer,
Colon Cancer, High Cholesterol, High Triglycerides, Peripheral Artery Disease, Benign Prostatic Hyperplasia and Chronic Inflammation.