Start-Up Costs and Fees |
||
| PickUp USA Fitness | Slender Lady | |
| Investment | 533266 - 1150054 | 50000 - 50000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $395/495/mo. |
| Advertising Fee | 1% - 2% | |
| Year Founded | 2011 | 1996 |
| Year Franchised | 2016 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| PickUp USA Fitness | Slender Lady | |
| 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 | Slender Lady | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| PickUp USA Fitness | Slender Lady | |
| 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! | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
||
| PickUp USA Fitness | Slender Lady | |
| 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 | |
| Slender Lady | |
| Franchise Fee | |
| PickUp USA Fitness | |
| Slender Lady | |
| Royalty Fee | |
| PickUp USA Fitness | 6% |
| Slender Lady | $395/495/mo. |
| Advertising Fee | |
| PickUp USA Fitness | 1% - 2% |
| Slender Lady | |
| Year Founded | |
| PickUp USA Fitness | 2011 |
| Slender Lady | 1996 |
| Year Franchised | |
| PickUp USA Fitness | 2016 |
| Slender Lady | 1997 |
| Term Of Agreement | |
| PickUp USA Fitness | |
| Slender Lady | 7 years |
| Renewal Fee | |
| PickUp USA Fitness | |
| Slender Lady | |
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. |
| Slender Lady | |
Financing Options |
|
| Franchise Fees | |
| PickUp USA Fitness | |
| Slender Lady | |
| Start-up Costs | |
| PickUp USA Fitness | |
| Slender Lady | |
| Equipment | |
| PickUp USA Fitness} | |
| Slender Lady | |
| Inventory | |
| PickUp USA Fitness | |
| Slender Lady | |
| Receivables | |
| PickUp USA Fitness | |
| Slender Lady | |
| Payroll | |
| PickUp USA Fitness | |
| Slender Lady | |
Training & Support |
|
| Training | |
| PickUp USA Fitness | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
| Slender Lady | |
| 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! |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| PickUp USA Fitness | |
| Slender Lady | Co-op advertising, 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. |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% 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 |
| Slender Lady | |
| Canada Expansion | |
| PickUp USA Fitness | |
| Slender Lady | |
| International Expansion | |
| PickUp USA Fitness | |
| Slender Lady | |