Start-Up Costs and Fees |
||
| Cuts Fitness For Men | Fitness Together | |
| Investment | 33600 - 77900 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | $400/mo. | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2003 | 1984 |
| Year Franchised | 2003 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cuts Fitness For Men | Fitness Together | |
| Experience | Industry experience General business experience Marketing skills | Industry experience |
Financing Options |
||
| Cuts Fitness For Men | Fitness Together | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Cuts Fitness For Men | Fitness Together | |
| Training | Classroom Training: 40 hours | |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Regional advertising | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Cuts Fitness For Men | Fitness Together | |
| 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 | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cuts Fitness For Men | |
| Fitness Together | |
| Franchise Fee | |
| Cuts Fitness For Men | |
| Fitness Together | |
| Royalty Fee | |
| Cuts Fitness For Men | $400/mo. |
| Fitness Together | 6% |
| Advertising Fee | |
| Cuts Fitness For Men | |
| Fitness Together | 2% |
| Year Founded | |
| Cuts Fitness For Men | 2003 |
| Fitness Together | 1984 |
| Year Franchised | |
| Cuts Fitness For Men | 2003 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Cuts Fitness For Men | 10 years |
| Fitness Together | 10 years |
| Renewal Fee | |
| Cuts Fitness For Men | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Cuts Fitness For Men | No |
| Fitness Together | No |
| Start-up Costs | |
| Cuts Fitness For Men | |
| Fitness Together | |
| Equipment | |
| Cuts Fitness For Men} | |
| Fitness Together | |
| Inventory | |
| Cuts Fitness For Men | |
| Fitness Together | |
| Receivables | |
| Cuts Fitness For Men | |
| Fitness Together | |
| Payroll | |
| Cuts Fitness For Men | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Cuts Fitness For Men | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Cuts Fitness For Men | |
| Fitness Together | 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 | |
| Cuts Fitness For Men | 0 |
| Fitness Together | |
| International Expansion | |
| Cuts Fitness For Men | |
| Fitness Together | |