Start-Up Costs and Fees |
||
| Personal Training Institute Franchise Ventures LLC | Fitness Together | |
| Investment | 112050 - 221500 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4% | 2% |
| Year Founded | 1987 | 1984 |
| Year Franchised | 2005 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Personal Training Institute Franchise Ventures LLC | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Personal Training Institute Franchise Ventures LLC | Fitness Together | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Personal Training Institute Franchise Ventures LLC | Fitness Together | |
| Training | Classroom Training: 40 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Personal Training Institute Franchise Ventures LLC | Fitness Together | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | |
| Franchise Fee | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | |
| Royalty Fee | |
| Personal Training Institute Franchise Ventures LLC | 6% |
| Fitness Together | 6% |
| Advertising Fee | |
| Personal Training Institute Franchise Ventures LLC | 4% |
| Fitness Together | 2% |
| Year Founded | |
| Personal Training Institute Franchise Ventures LLC | 1987 |
| Fitness Together | 1984 |
| Year Franchised | |
| Personal Training Institute Franchise Ventures LLC | 2005 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Personal Training Institute Franchise Ventures LLC | 10 years |
| Fitness Together | 10 years |
| Renewal Fee | |
| Personal Training Institute Franchise Ventures LLC | 25% of franchise fee |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Personal Training Institute Franchise Ventures LLC | No |
| Fitness Together | No |
| Start-up Costs | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | |
| Equipment | |
| Personal Training Institute Franchise Ventures LLC} | |
| Fitness Together | |
| Inventory | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | |
| Receivables | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | |
| Payroll | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | 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 | |
| Personal Training Institute Franchise Ventures LLC | 0 |
| Fitness Together | |
| International Expansion | |
| Personal Training Institute Franchise Ventures LLC | |
| Fitness Together | |