Start-Up Costs and Fees |
||
| PickUp USA Fitness | LA Weight Loss Centers | |
| Investment | 533266 - 1150054 | 67200 - 120400 |
| Franchise Fee | ||
| Royalty Fee | 6% | 7% |
| Advertising Fee | 1% - 2% | |
| Year Founded | 2011 | 1989 |
| Year Franchised | 2016 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| PickUp USA Fitness | LA Weight Loss Centers | |
| 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 |
||
| PickUp USA Fitness | LA Weight Loss Centers | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| PickUp USA Fitness | LA Weight Loss Centers | |
| Training | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers | |
| 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! | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. | |
Expansion Plans |
||
| PickUp USA Fitness | LA Weight Loss Centers | |
| 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 | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
| Franchise Fee | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
| Royalty Fee | |
| PickUp USA Fitness | 6% |
| LA Weight Loss Centers | 7% |
| Advertising Fee | |
| PickUp USA Fitness | 1% - 2% |
| LA Weight Loss Centers | |
| Year Founded | |
| PickUp USA Fitness | 2011 |
| LA Weight Loss Centers | 1989 |
| Year Franchised | |
| PickUp USA Fitness | 2016 |
| LA Weight Loss Centers | 1998 |
| Term Of Agreement | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | 10 years |
| Renewal Fee | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
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. |
| LA Weight Loss Centers | |
Financing Options |
|
| Franchise Fees | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
| Start-up Costs | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
| Equipment | |
| PickUp USA Fitness} | |
| LA Weight Loss Centers | |
| Inventory | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
| Receivables | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
| Payroll | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |
Training & Support |
|
| Training | |
| PickUp USA Fitness | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
| LA Weight Loss Centers | |
| 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! |
| LA Weight Loss Centers | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | Ad slicks, National media, Regional advertising |
| Operations | |
| PickUp USA Fitness | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
| LA Weight Loss Centers | |
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 |
| LA Weight Loss Centers | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | 0 |
| International Expansion | |
| PickUp USA Fitness | |
| LA Weight Loss Centers | |