Start-Up Costs and Fees |
||
| Cuts Fitness For Men | PickUp USA Fitness | |
| Investment | 33600 - 77900 | 533266 - 1150054 |
| Franchise Fee | ||
| Royalty Fee | $400/mo. | 6% |
| Advertising Fee | 1% - 2% | |
| Year Founded | 2003 | 2011 |
| Year Franchised | 2003 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cuts Fitness For Men | PickUp USA Fitness | |
| Experience | Industry experience General business experience Marketing skills | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
||
| Cuts Fitness For Men | PickUp USA Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cuts Fitness For Men | PickUp USA Fitness | |
| Training | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers | |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
| Marketing | Co-op advertising, Regional advertising | |
| 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) | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
||
| Cuts Fitness For Men | PickUp USA Fitness | |
| 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 | |
| PickUp USA Fitness | |
| Franchise Fee | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | |
| Royalty Fee | |
| Cuts Fitness For Men | $400/mo. |
| PickUp USA Fitness | 6% |
| Advertising Fee | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | 1% - 2% |
| Year Founded | |
| Cuts Fitness For Men | 2003 |
| PickUp USA Fitness | 2011 |
| Year Franchised | |
| Cuts Fitness For Men | 2003 |
| PickUp USA Fitness | 2016 |
| Term Of Agreement | |
| Cuts Fitness For Men | 10 years |
| PickUp USA Fitness | |
| Renewal Fee | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | |
Business Experience Requirements |
|
| Experience | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
| PickUp USA Fitness | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
|
| Franchise Fees | |
| Cuts Fitness For Men | No |
| PickUp USA Fitness | No |
| Start-up Costs | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | |
| Equipment | |
| Cuts Fitness For Men} | |
| PickUp USA Fitness | |
| Inventory | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | |
| Receivables | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | |
| Payroll | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | |
Training & Support |
|
| Training | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
| Support | |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| PickUp USA Fitness | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
| Marketing | |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| PickUp USA Fitness | |
| 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) |
| PickUp USA Fitness | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
|
| US Expansion | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | 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 |
| PickUp USA Fitness | |
| International Expansion | |
| Cuts Fitness For Men | |
| PickUp USA Fitness | |