Start-Up Costs and Fees |
||
| Orange Shoe Personal Fitness | Extreme Gym | |
| Investment | 96600 - 325000 | 75453 - 96998 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2007 | 2002 |
| Year Franchised | 2009 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Orange Shoe Personal Fitness | Extreme Gym | |
| Experience | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. | |
Financing Options |
||
| Orange Shoe Personal Fitness | Extreme Gym | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Orange Shoe Personal Fitness | Extreme Gym | |
| Training | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. | |
| Support | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations | |
| Marketing | Co-op advertising Ad slicks | |
| Operations | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | |
Expansion Plans |
||
| Orange Shoe Personal Fitness | Extreme Gym | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| Franchise Fee | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| Royalty Fee | |
| Orange Shoe Personal Fitness | 6% |
| Extreme Gym | |
| Advertising Fee | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| Year Founded | |
| Orange Shoe Personal Fitness | 2007 |
| Extreme Gym | 2002 |
| Year Franchised | |
| Orange Shoe Personal Fitness | 2009 |
| Extreme Gym | 0 |
| Term Of Agreement | |
| Orange Shoe Personal Fitness | 10 years |
| Extreme Gym | |
| Renewal Fee | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
Business Experience Requirements |
|
| Experience | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
|
| Franchise Fees | |
| Orange Shoe Personal Fitness | Yes |
| Extreme Gym | Yes |
| Start-up Costs | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| Equipment | |
| Orange Shoe Personal Fitness} | |
| Extreme Gym | |
| Inventory | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| Receivables | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| Payroll | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
Training & Support |
|
| Training | |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Extreme Gym | |
| Support | |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| Extreme Gym | |
| Marketing | |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| Extreme Gym | |
| Operations | |
| Orange Shoe Personal Fitness | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
| Extreme Gym | |
Expansion Plans |
|
| US Expansion | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| Canada Expansion | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |
| International Expansion | |
| Orange Shoe Personal Fitness | |
| Extreme Gym | |