Start-Up Costs and Fees |
||
| RedLine Athletics | 21 Minute Convenience Fitness | |
| Investment | 245733 - 452483 | 124500 - 195300 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 3% |
| Advertising Fee | 1% | |
| Year Founded | 2013 | 2003 |
| Year Franchised | 2013 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| RedLine Athletics | 21 Minute Convenience Fitness | |
| Experience | ||
Financing Options |
||
| RedLine Athletics | 21 Minute Convenience Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| RedLine Athletics | 21 Minute Convenience Fitness | |
| Training | On-The-Job Training: 20 hours Classroom Training: 20 hours | Internet |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| RedLine Athletics | 21 Minute Convenience Fitness | |
| 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 | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
| Franchise Fee | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
| Royalty Fee | |
| RedLine Athletics | 7% |
| 21 Minute Convenience Fitness | 3% |
| Advertising Fee | |
| RedLine Athletics | 1% |
| 21 Minute Convenience Fitness | |
| Year Founded | |
| RedLine Athletics | 2013 |
| 21 Minute Convenience Fitness | 2003 |
| Year Franchised | |
| RedLine Athletics | 2013 |
| 21 Minute Convenience Fitness | 2005 |
| Term Of Agreement | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | 10 years |
| Renewal Fee | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
Business Experience Requirements |
|
| Experience | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
Financing Options |
|
| Franchise Fees | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
| Start-up Costs | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
| Equipment | |
| RedLine Athletics} | |
| 21 Minute Convenience Fitness | |
| Inventory | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
| Receivables | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
| Payroll | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
Training & Support |
|
| Training | |
| RedLine Athletics | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| 21 Minute Convenience Fitness | Internet |
| Support | |
| RedLine Athletics | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| RedLine Athletics | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Operations | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| RedLine Athletics | 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 |
| 21 Minute Convenience Fitness | |
| Canada Expansion | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |
| International Expansion | |
| RedLine Athletics | |
| 21 Minute Convenience Fitness | |