Start-Up Costs and Fees |
||
| Team Spirit Fitness Centers | Fitness Together | |
| Investment | 69000 - 69000 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2002 | 1984 |
| Year Franchised | 2004 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Team Spirit Fitness Centers | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Team Spirit Fitness Centers | Fitness Together | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Team Spirit Fitness Centers | Fitness Together | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 days | 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 | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | 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 |
||
| Team Spirit Fitness Centers | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Team Spirit Fitness Centers | |
| Fitness Together | |
| Franchise Fee | |
| Team Spirit Fitness Centers | |
| Fitness Together | |
| Royalty Fee | |
| Team Spirit Fitness Centers | 6% |
| Fitness Together | 6% |
| Advertising Fee | |
| Team Spirit Fitness Centers | |
| Fitness Together | 2% |
| Year Founded | |
| Team Spirit Fitness Centers | 2002 |
| Fitness Together | 1984 |
| Year Franchised | |
| Team Spirit Fitness Centers | 2004 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Team Spirit Fitness Centers | 5 years |
| Fitness Together | 10 years |
| Renewal Fee | |
| Team Spirit Fitness Centers | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Team Spirit Fitness Centers | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Team Spirit Fitness Centers | No |
| Fitness Together | No |
| Start-up Costs | |
| Team Spirit Fitness Centers | |
| Fitness Together | |
| Equipment | |
| Team Spirit Fitness Centers} | |
| Fitness Together | |
| Inventory | |
| Team Spirit Fitness Centers | |
| Fitness Together | |
| Receivables | |
| Team Spirit Fitness Centers | |
| Fitness Together | |
| Payroll | |
| Team Spirit Fitness Centers | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Team Spirit Fitness Centers | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Team Spirit Fitness Centers | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
| 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 | |
| Team Spirit Fitness Centers | |
| 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 | |
| Team Spirit Fitness Centers | |
| Fitness Together | |
| International Expansion | |
| Team Spirit Fitness Centers | |
| Fitness Together | |