Clothes Mentor vs Fitness Machine Technicians Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Clothes Mentor vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Clothes Mentor Fitness Machine Technicians
Investment 193000 - 310000 71450 - 118490
Franchise Fee
Royalty Fee 4% 6%
Advertising Fee $2K/yr 1%
Year Founded 2001 2002
Year Franchised 2007 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Clothes Mentor Fitness Machine Technicians
Experience

Financing Options
  Clothes Mentor Fitness Machine Technicians
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Clothes Mentor Fitness Machine Technicians
Training On-The-Job Training: 20 hours Classroom Training: 63 hours On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training
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 Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates Social media SEO Website development
Operations * 50% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans
  Clothes Mentor Fitness Machine Technicians
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Clothes Mentor
Fitness Machine Technicians
Franchise Fee
Clothes Mentor
Fitness Machine Technicians
Royalty Fee
Clothes Mentor 4%
Fitness Machine Technicians 6%
Advertising Fee
Clothes Mentor $2K/yr
Fitness Machine Technicians 1%
Year Founded
Clothes Mentor 2001
Fitness Machine Technicians 2002
Year Franchised
Clothes Mentor 2007
Fitness Machine Technicians 2012
Term Of Agreement
Clothes Mentor 10 Years
Fitness Machine Technicians
Renewal Fee
Clothes Mentor $10K
Fitness Machine Technicians


Business Experience Requirements
Experience
Clothes Mentor
Fitness Machine Technicians

Financing Options
 
Franchise Fees
Clothes Mentor
Fitness Machine Technicians
Start-up Costs
Clothes Mentor
Fitness Machine Technicians
Equipment
Clothes Mentor}
Fitness Machine Technicians
Inventory
Clothes Mentor
Fitness Machine Technicians
Receivables
Clothes Mentor
Fitness Machine Technicians
Payroll
Clothes Mentor
Fitness Machine Technicians

Training & Support
Training
Clothes Mentor On-The-Job Training: 20 hours Classroom Training: 63 hours
Fitness Machine Technicians On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training
Support
Clothes Mentor 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
Fitness Machine Technicians Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing
Clothes Mentor Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Fitness Machine Technicians Ad Templates Social media SEO Website development
Operations
Clothes Mentor * 50% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Fitness Machine Technicians Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans
US Expansion
Clothes Mentor Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Fitness Machine Technicians Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Clothes Mentor
Fitness Machine Technicians
International Expansion
Clothes Mentor
Fitness Machine Technicians