Start-Up Costs and Fees |
||
| Smart for Life | Fitness Together | |
| Investment | 0 - 0 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2002 | 1984 |
| Year Franchised | 2004 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smart for Life | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Smart for Life | Fitness Together | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Smart for Life | Fitness Together | |
| Training | Classroom Training: 40 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Smart for Life | Fitness Together | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smart for Life | |
| Fitness Together | |
| Franchise Fee | |
| Smart for Life | |
| Fitness Together | |
| Royalty Fee | |
| Smart for Life | |
| Fitness Together | 6% |
| Advertising Fee | |
| Smart for Life | |
| Fitness Together | 2% |
| Year Founded | |
| Smart for Life | 2002 |
| Fitness Together | 1984 |
| Year Franchised | |
| Smart for Life | 2004 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Smart for Life | |
| Fitness Together | 10 years |
| Renewal Fee | |
| Smart for Life | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Smart for Life | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Smart for Life | |
| Fitness Together | |
| Start-up Costs | |
| Smart for Life | |
| Fitness Together | |
| Equipment | |
| Smart for Life} | |
| Fitness Together | |
| Inventory | |
| Smart for Life | |
| Fitness Together | |
| Receivables | |
| Smart for Life | |
| Fitness Together | |
| Payroll | |
| Smart for Life | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Smart for Life | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Smart for Life | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Smart for Life | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Smart for Life | |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Smart for Life | |
| Fitness Together | 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 | |
| Smart for Life | 0 |
| Fitness Together | |
| International Expansion | |
| Smart for Life | |
| Fitness Together | |