Start-Up Costs and Fees |
||
| IM=X Pilates Studio | PickUp USA Fitness | |
| Investment | 66000 - 150000 | 533266 - 1150054 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | 6% |
| Advertising Fee | 1% - 2% | |
| Year Founded | 1994 | 2011 |
| Year Franchised | 2003 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| IM=X Pilates Studio | PickUp USA Fitness | |
| Experience | Industry experience | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
||
| IM=X Pilates Studio | PickUp USA Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| IM=X Pilates Studio | PickUp USA Fitness | |
| Training | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers | |
| Support | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. | |
Expansion Plans |
||
| IM=X Pilates Studio | PickUp USA 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 | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
| Franchise Fee | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
| Royalty Fee | |
| IM=X Pilates Studio | Varies |
| PickUp USA Fitness | 6% |
| Advertising Fee | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | 1% - 2% |
| Year Founded | |
| IM=X Pilates Studio | 1994 |
| PickUp USA Fitness | 2011 |
| Year Franchised | |
| IM=X Pilates Studio | 2003 |
| PickUp USA Fitness | 2016 |
| Term Of Agreement | |
| IM=X Pilates Studio | 10 years |
| PickUp USA Fitness | |
| Renewal Fee | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
Business Experience Requirements |
|
| Experience | |
| IM=X Pilates Studio | Industry experience |
| PickUp USA Fitness | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
|
| Franchise Fees | |
| IM=X Pilates Studio | No |
| PickUp USA Fitness | No |
| Start-up Costs | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
| Equipment | |
| IM=X Pilates Studio} | |
| PickUp USA Fitness | |
| Inventory | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
| Receivables | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
| Payroll | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
Training & Support |
|
| Training | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
| Support | |
| IM=X Pilates Studio | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| PickUp USA Fitness | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
| Marketing | |
| IM=X Pilates Studio | Co-op advertising, Ad slicks, National media |
| PickUp USA Fitness | |
| Operations | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
|
| US Expansion | |
| IM=X Pilates Studio | |
| PickUp USA 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 |
| Canada Expansion | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |
| International Expansion | |
| IM=X Pilates Studio | |
| PickUp USA Fitness | |