Thriveworks vs Fitness Machine Technicians Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Thriveworks vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Thriveworks Fitness Machine Technicians
Investment 16700 - 79282 71450 - 118490
Franchise Fee
Royalty Fee 3% 6%
Advertising Fee 1% 1%
Year Founded 2008 2002
Year Franchised 2013 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Thriveworks Fitness Machine Technicians
Experience

Financing Options
  Thriveworks Fitness Machine Technicians
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Thriveworks Fitness Machine Technicians
Training On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing Ad Templates Social media SEO Website development
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans
  Thriveworks Fitness Machine Technicians
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 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
Thriveworks
Fitness Machine Technicians
Franchise Fee
Thriveworks
Fitness Machine Technicians
Royalty Fee
Thriveworks 3%
Fitness Machine Technicians 6%
Advertising Fee
Thriveworks 1%
Fitness Machine Technicians 1%
Year Founded
Thriveworks 2008
Fitness Machine Technicians 2002
Year Franchised
Thriveworks 2013
Fitness Machine Technicians 2012
Term Of Agreement
Thriveworks
Fitness Machine Technicians
Renewal Fee
Thriveworks
Fitness Machine Technicians


Business Experience Requirements
Experience
Thriveworks
Fitness Machine Technicians

Financing Options
 
Franchise Fees
Thriveworks
Fitness Machine Technicians
Start-up Costs
Thriveworks
Fitness Machine Technicians
Equipment
Thriveworks}
Fitness Machine Technicians
Inventory
Thriveworks
Fitness Machine Technicians
Receivables
Thriveworks
Fitness Machine Technicians
Payroll
Thriveworks
Fitness Machine Technicians

Training & Support
Training
Thriveworks On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
Fitness Machine Technicians On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training
Support
Thriveworks Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Fitness Machine Technicians Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing
Thriveworks
Fitness Machine Technicians Ad Templates Social media SEO Website development
Operations
Thriveworks
Fitness Machine Technicians Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans
US Expansion
Thriveworks 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
Fitness Machine Technicians 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
Thriveworks
Fitness Machine Technicians
International Expansion
Thriveworks
Fitness Machine Technicians