Start-Up Costs and Fees |
||
| Murphy Business | Fitness Machine Technicians | |
| Investment | 62350 - 123735 | 71450 - 118490 |
| Franchise Fee | ||
| Royalty Fee | 10% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1994 | 2002 |
| Year Franchised | 2006 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Murphy Business | Fitness Machine Technicians | |
| 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 |
||
| Murphy Business | Fitness Machine Technicians | |
| Franchise Fees | Yes | |
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Murphy Business | Fitness Machine Technicians | |
| Training | On-The-Job Training: Mentoring Classroom Training: 92 hours | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | Ad Templates National Media Regional Advertising Social media Website development Email marketing | Ad Templates Social media SEO Website development |
| Operations | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
||
| Murphy Business | Fitness Machine Technicians | |
| 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 | |
| Murphy Business | |
| Fitness Machine Technicians | |
| Franchise Fee | |
| Murphy Business | |
| Fitness Machine Technicians | |
| Royalty Fee | |
| Murphy Business | 10% |
| Fitness Machine Technicians | 6% |
| Advertising Fee | |
| Murphy Business | |
| Fitness Machine Technicians | 1% |
| Year Founded | |
| Murphy Business | 1994 |
| Fitness Machine Technicians | 2002 |
| Year Franchised | |
| Murphy Business | 2006 |
| Fitness Machine Technicians | 2012 |
| Term Of Agreement | |
| Murphy Business | |
| Fitness Machine Technicians | |
| Renewal Fee | |
| Murphy Business | |
| Fitness Machine Technicians | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| Fitness Machine Technicians | |
Financing Options |
|
| Franchise Fees | |
| Murphy Business | |
| Fitness Machine Technicians | |
| Start-up Costs | |
| Murphy Business | |
| Fitness Machine Technicians | |
| Equipment | |
| Murphy Business} | |
| Fitness Machine Technicians | |
| Inventory | |
| Murphy Business | |
| Fitness Machine Technicians | |
| Receivables | |
| Murphy Business | |
| Fitness Machine Technicians | |
| Payroll | |
| Murphy Business | |
| Fitness Machine Technicians | |
Training & Support |
|
| Training | |
| Murphy Business | On-The-Job Training: Mentoring Classroom Training: 92 hours |
| Fitness Machine Technicians | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Support | |
| Murphy Business | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Fitness Machine Technicians | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | |
| Murphy Business | Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| Fitness Machine Technicians | Ad Templates Social media SEO Website development |
| Operations | |
| Murphy Business | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. |
| Fitness Machine Technicians | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
|
| US Expansion | |
| 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 |
| 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 |
| Canada Expansion | |
| Murphy Business | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Fitness Machine Technicians | |
| International Expansion | |
| Murphy Business | |
| Fitness Machine Technicians | |