Start-Up Costs and Fees |
||
| PickUp USA Fitness | Beverly Hills Weight Loss and Wellness | |
| Investment | 533266 - 1150054 | 64000 - 96000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% - 2% | |
| Year Founded | 2011 | 1988 |
| Year Franchised | 2016 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| PickUp USA Fitness | Beverly Hills Weight Loss and Wellness | |
| 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. | General business experience Marketing skills Sales experience |
Financing Options |
||
| PickUp USA Fitness | Beverly Hills Weight Loss and Wellness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| PickUp USA Fitness | Beverly Hills Weight Loss and Wellness | |
| Training | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers | Ongoing training |
| Support | 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! | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| PickUp USA Fitness | Beverly Hills Weight Loss and Wellness | |
| 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 | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
| Franchise Fee | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
| Royalty Fee | |
| PickUp USA Fitness | 6% |
| Beverly Hills Weight Loss and Wellness | 6% |
| Advertising Fee | |
| PickUp USA Fitness | 1% - 2% |
| Beverly Hills Weight Loss and Wellness | |
| Year Founded | |
| PickUp USA Fitness | 2011 |
| Beverly Hills Weight Loss and Wellness | 1988 |
| Year Franchised | |
| PickUp USA Fitness | 2016 |
| Beverly Hills Weight Loss and Wellness | 1989 |
| Term Of Agreement | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | 5 years |
| Renewal Fee | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
Business Experience Requirements |
|
| 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. |
| Beverly Hills Weight Loss and Wellness | General business experience Marketing skills Sales experience |
Financing Options |
|
| Franchise Fees | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
| Start-up Costs | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
| Equipment | |
| PickUp USA Fitness} | |
| Beverly Hills Weight Loss and Wellness | |
| Inventory | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
| Receivables | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
| Payroll | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
Training & Support |
|
| Training | |
| PickUp USA Fitness | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
| Beverly Hills Weight Loss and Wellness | Ongoing training |
| Support | |
| 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! |
| Beverly Hills Weight Loss and Wellness | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | Co-op advertising, Ad slicks |
| Operations | |
| PickUp USA Fitness | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
| Beverly Hills Weight Loss and Wellness | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Beverly Hills Weight Loss and Wellness | |
| Canada Expansion | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |
| International Expansion | |
| PickUp USA Fitness | |
| Beverly Hills Weight Loss and Wellness | |