Start-Up Costs and Fees |
||
| Eat the Frog Fitness | Team Spirit Fitness Centers | |
| Investment | 522000 - 706500 | 69000 - 69000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 2015 | 2002 |
| Year Franchised | 2016 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Eat the Frog Fitness | Team Spirit Fitness Centers | |
| Experience | ||
Financing Options |
||
| Eat the Frog Fitness | Team Spirit Fitness Centers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Eat the Frog Fitness | Team Spirit Fitness Centers | |
| Training | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Support | 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 Required to Run: 6 | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Eat the Frog Fitness | Team Spirit Fitness Centers | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
| Franchise Fee | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
| Royalty Fee | |
| Eat the Frog Fitness | 7% |
| Team Spirit Fitness Centers | 6% |
| Advertising Fee | |
| Eat the Frog Fitness | 1% |
| Team Spirit Fitness Centers | |
| Year Founded | |
| Eat the Frog Fitness | 2015 |
| Team Spirit Fitness Centers | 2002 |
| Year Franchised | |
| Eat the Frog Fitness | 2016 |
| Team Spirit Fitness Centers | 2004 |
| Term Of Agreement | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | 5 years |
| Renewal Fee | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
Business Experience Requirements |
|
| Experience | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
Financing Options |
|
| Franchise Fees | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
| Start-up Costs | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
| Equipment | |
| Eat the Frog Fitness} | |
| Team Spirit Fitness Centers | |
| Inventory | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
| Receivables | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
| Payroll | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |
Training & Support |
|
| Training | |
| Eat the Frog Fitness | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Support | |
| Eat the Frog Fitness | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Team Spirit Fitness Centers | |
| Marketing | |
| Eat the Frog Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Team Spirit Fitness Centers | |
| Operations | |
| Eat the Frog Fitness | Number of Employees Required to Run: 6 |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| Eat the Frog 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 |
| Team Spirit Fitness Centers | |
| Canada Expansion | |
| Eat the Frog Fitness | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Team Spirit Fitness Centers | |
| International Expansion | |
| Eat the Frog Fitness | |
| Team Spirit Fitness Centers | |