Start-Up Costs and Fees |
||
| FIT4MOM | The Max Challenge | |
| Investment | 6905 - 26385 | 131868 - 280592 |
| Franchise Fee | ||
| Royalty Fee | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 | 6% |
| Advertising Fee | $10 - $30 | 2% |
| Year Founded | 2001 | 2011 |
| Year Franchised | 2005 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| FIT4MOM | The Max Challenge | |
| Experience | Fitness background is a plus, but not a requirement! We will train you! | |
Financing Options |
||
| FIT4MOM | The Max Challenge | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| FIT4MOM | The Max Challenge | |
| 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. | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual 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 | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| FIT4MOM | The Max Challenge | |
| 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 | |
| The Max Challenge | |
| Franchise Fee | |
| FIT4MOM | |
| The Max Challenge | |
| Royalty Fee | |
| FIT4MOM | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
| The Max Challenge | 6% |
| Advertising Fee | |
| FIT4MOM | $10 - $30 |
| The Max Challenge | 2% |
| Year Founded | |
| FIT4MOM | 2001 |
| The Max Challenge | 2011 |
| Year Franchised | |
| FIT4MOM | 2005 |
| The Max Challenge | 2013 |
| Term Of Agreement | |
| FIT4MOM | 3 Year |
| The Max Challenge | |
| Renewal Fee | |
| FIT4MOM | |
| The Max Challenge | |
Business Experience Requirements |
|
| Experience | |
| FIT4MOM | Fitness background is a plus, but not a requirement! We will train you! |
| The Max Challenge | |
Financing Options |
|
| Franchise Fees | |
| FIT4MOM | |
| The Max Challenge | |
| Start-up Costs | |
| FIT4MOM | |
| The Max Challenge | |
| Equipment | |
| FIT4MOM} | |
| The Max Challenge | |
| Inventory | |
| FIT4MOM | |
| The Max Challenge | |
| Receivables | |
| FIT4MOM | |
| The Max Challenge | |
| Payroll | |
| FIT4MOM | |
| The Max Challenge | |
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. |
| The Max Challenge | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training |
| Support | |
| FIT4MOM | |
| The Max Challenge | 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 |
| Marketing | |
| FIT4MOM | |
| The Max Challenge | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| FIT4MOM | |
| The Max Challenge | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
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 |
| The Max Challenge | |
| Canada Expansion | |
| FIT4MOM | |
| The Max Challenge | |
| International Expansion | |
| FIT4MOM | |
| The Max Challenge | |