Start-Up Costs and Fees |
||
| FIT4MOM | 21 Minute Convenience Fitness | |
| Investment | 6905 - 26385 | 124500 - 195300 |
| Franchise Fee | 0 | |
| Royalty Fee | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 | 3% |
| Advertising Fee | $10 - $30 | |
| Year Founded | 2001 | 2003 |
| Year Franchised | 2005 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| FIT4MOM | 21 Minute Convenience Fitness | |
| Experience | Fitness background is a plus, but not a requirement! We will train you! | |
Financing Options |
||
| FIT4MOM | 21 Minute Convenience Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| FIT4MOM | 21 Minute Convenience Fitness | |
| Training | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. | Internet |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| FIT4MOM | 21 Minute Convenience 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
| Franchise Fee | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
| Royalty Fee | |
| FIT4MOM | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
| 21 Minute Convenience Fitness | 3% |
| Advertising Fee | |
| FIT4MOM | $10 - $30 |
| 21 Minute Convenience Fitness | |
| Year Founded | |
| FIT4MOM | 2001 |
| 21 Minute Convenience Fitness | 2003 |
| Year Franchised | |
| FIT4MOM | 2005 |
| 21 Minute Convenience Fitness | 2005 |
| Term Of Agreement | |
| FIT4MOM | 3 Year |
| 21 Minute Convenience Fitness | 10 years |
| Renewal Fee | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
Business Experience Requirements |
|
| Experience | |
| FIT4MOM | Fitness background is a plus, but not a requirement! We will train you! |
| 21 Minute Convenience Fitness | |
Financing Options |
|
| Franchise Fees | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
| Start-up Costs | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
| Equipment | |
| FIT4MOM} | |
| 21 Minute Convenience Fitness | |
| Inventory | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
| Receivables | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
| Payroll | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
Training & Support |
|
| Training | |
| FIT4MOM | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. |
| 21 Minute Convenience Fitness | Internet |
| Support | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Operations | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| FIT4MOM | 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 |
| 21 Minute Convenience Fitness | |
| Canada Expansion | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |
| International Expansion | |
| FIT4MOM | |
| 21 Minute Convenience Fitness | |