Start-Up Costs and Fees |
||
| Fitness Machine Technicians | Murphy Business | |
| Investment | 71450 - 118490 | 62350 - 123735 |
| Franchise Fee | ||
| Royalty Fee | 6% | 10% |
| Advertising Fee | 1% | |
| Year Founded | 2002 | 1994 |
| Year Franchised | 2012 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Machine Technicians | Murphy Business | |
| Experience | The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. | |
Financing Options |
||
| Fitness Machine Technicians | Murphy Business | |
| Franchise Fees | Yes | |
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Fitness Machine Technicians | Murphy Business | |
| Training | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training | On-The-Job Training: Mentoring Classroom Training: 92 hours |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates Social media SEO Website development | Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Fitness Machine Technicians | Murphy Business | |
| 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 | 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 | |
| Fitness Machine Technicians | |
| Murphy Business | |
| Franchise Fee | |
| Fitness Machine Technicians | |
| Murphy Business | |
| Royalty Fee | |
| Fitness Machine Technicians | 6% |
| Murphy Business | 10% |
| Advertising Fee | |
| Fitness Machine Technicians | 1% |
| Murphy Business | |
| Year Founded | |
| Fitness Machine Technicians | 2002 |
| Murphy Business | 1994 |
| Year Franchised | |
| Fitness Machine Technicians | 2012 |
| Murphy Business | 2006 |
| Term Of Agreement | |
| Fitness Machine Technicians | |
| Murphy Business | |
| Renewal Fee | |
| Fitness Machine Technicians | |
| Murphy Business | |
Business Experience Requirements |
|
| Experience | |
| Fitness Machine Technicians | |
| Murphy Business | The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. |
Financing Options |
|
| Franchise Fees | |
| Fitness Machine Technicians | Yes |
| Murphy Business | Yes |
| Start-up Costs | |
| Fitness Machine Technicians | |
| Murphy Business | |
| Equipment | |
| Fitness Machine Technicians} | |
| Murphy Business | |
| Inventory | |
| Fitness Machine Technicians | |
| Murphy Business | |
| Receivables | |
| Fitness Machine Technicians | |
| Murphy Business | |
| Payroll | |
| Fitness Machine Technicians | |
| Murphy Business | |
Training & Support |
|
| Training | |
| Fitness Machine Technicians | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Murphy Business | On-The-Job Training: Mentoring Classroom Training: 92 hours |
| Support | |
| Fitness Machine Technicians | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Murphy Business | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Fitness Machine Technicians | Ad Templates Social media SEO Website development |
| Murphy Business | Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| Operations | |
| Fitness Machine Technicians | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
| Murphy Business | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| Fitness Machine Technicians | 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 |
| Murphy Business | 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 | |
| Fitness Machine Technicians | |
| Murphy Business | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Fitness Machine Technicians | |
| Murphy Business | |