Start-Up Costs and Fees |
||
| QuickHIT Fitness Lab | ShapeXpress | |
| Investment | 127830 - 157500 | 89500 - 152000 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | ||
| Year Founded | 2017 | 2002 |
| Year Franchised | 2018 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| QuickHIT Fitness Lab | ShapeXpress | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| QuickHIT Fitness Lab | ShapeXpress | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| QuickHIT Fitness Lab | ShapeXpress | |
| Training | Ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | |
Expansion Plans |
||
| QuickHIT Fitness Lab | ShapeXpress | |
| 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 | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| Franchise Fee | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| Royalty Fee | |
| QuickHIT Fitness Lab | |
| ShapeXpress | Varies |
| Advertising Fee | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| Year Founded | |
| QuickHIT Fitness Lab | 2017 |
| ShapeXpress | 2002 |
| Year Franchised | |
| QuickHIT Fitness Lab | 2018 |
| ShapeXpress | 2003 |
| Term Of Agreement | |
| QuickHIT Fitness Lab | |
| ShapeXpress | 10 years |
| Renewal Fee | |
| QuickHIT Fitness Lab | |
| ShapeXpress | $2.5K |
Business Experience Requirements |
|
| Experience | |
| QuickHIT Fitness Lab | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
Financing Options |
|
| Franchise Fees | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| Start-up Costs | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| Equipment | |
| QuickHIT Fitness Lab} | |
| ShapeXpress | |
| Inventory | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| Receivables | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| Payroll | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
Training & Support |
|
| Training | |
| QuickHIT Fitness Lab | |
| ShapeXpress | Ongoing |
| Support | |
| QuickHIT Fitness Lab | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| QuickHIT Fitness Lab | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| QuickHIT Fitness Lab | |
| ShapeXpress | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| QuickHIT Fitness Lab | 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 |
| ShapeXpress | |
| Canada Expansion | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |
| International Expansion | |
| QuickHIT Fitness Lab | |
| ShapeXpress | |