Start-Up Costs and Fees |
||
| Fitness Machine Technicians | Thriveworks | |
| Investment | 71450 - 118490 | 16700 - 79282 |
| Franchise Fee | ||
| Royalty Fee | 6% | 3% |
| Advertising Fee | 1% | 1% |
| Year Founded | 2002 | 2008 |
| Year Franchised | 2012 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Machine Technicians | Thriveworks | |
| Experience | ||
Financing Options |
||
| Fitness Machine Technicians | Thriveworks | |
| Franchise Fees | Yes | |
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Fitness Machine Technicians | Thriveworks | |
| Training | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training | On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Ad Templates Social media SEO Website development | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 | |
Expansion Plans |
||
| Fitness Machine Technicians | Thriveworks | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fitness Machine Technicians | |
| Thriveworks | |
| Franchise Fee | |
| Fitness Machine Technicians | |
| Thriveworks | |
| Royalty Fee | |
| Fitness Machine Technicians | 6% |
| Thriveworks | 3% |
| Advertising Fee | |
| Fitness Machine Technicians | 1% |
| Thriveworks | 1% |
| Year Founded | |
| Fitness Machine Technicians | 2002 |
| Thriveworks | 2008 |
| Year Franchised | |
| Fitness Machine Technicians | 2012 |
| Thriveworks | 2013 |
| Term Of Agreement | |
| Fitness Machine Technicians | |
| Thriveworks | |
| Renewal Fee | |
| Fitness Machine Technicians | |
| Thriveworks | |
Business Experience Requirements |
|
| Experience | |
| Fitness Machine Technicians | |
| Thriveworks | |
Financing Options |
|
| Franchise Fees | |
| Fitness Machine Technicians | Yes |
| Thriveworks | Yes |
| Start-up Costs | |
| Fitness Machine Technicians | |
| Thriveworks | |
| Equipment | |
| Fitness Machine Technicians} | |
| Thriveworks | |
| Inventory | |
| Fitness Machine Technicians | |
| Thriveworks | |
| Receivables | |
| Fitness Machine Technicians | |
| Thriveworks | |
| Payroll | |
| Fitness Machine Technicians | |
| Thriveworks | |
Training & Support |
|
| Training | |
| Fitness Machine Technicians | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Thriveworks | On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center |
| Support | |
| Fitness Machine Technicians | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Thriveworks | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Fitness Machine Technicians | Ad Templates Social media SEO Website development |
| Thriveworks | |
| Operations | |
| Fitness Machine Technicians | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
| Thriveworks | |
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 |
| Thriveworks | 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 | |
| Thriveworks | |
| International Expansion | |
| Fitness Machine Technicians | |
| Thriveworks | |