Start-Up Costs and Fees |
||
| VR Business Brokers | Fitness Machine Technicians | |
| Investment | 150000 - 150000 | 71450 - 118490 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 1% | |
| Year Founded | 1979 | 2002 |
| Year Franchised | 1979 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| VR Business Brokers | Fitness Machine Technicians | |
| Experience | ||
Financing Options |
||
| VR Business Brokers | Fitness Machine Technicians | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| VR Business Brokers | Fitness Machine Technicians | |
| Training | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training | |
| Support | 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 |
||
| VR Business Brokers | 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
| Franchise Fee | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
| Royalty Fee | |
| VR Business Brokers | |
| Fitness Machine Technicians | 6% |
| Advertising Fee | |
| VR Business Brokers | |
| Fitness Machine Technicians | 1% |
| Year Founded | |
| VR Business Brokers | 1979 |
| Fitness Machine Technicians | 2002 |
| Year Franchised | |
| VR Business Brokers | 1979 |
| Fitness Machine Technicians | 2012 |
| Term Of Agreement | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
| Renewal Fee | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
Business Experience Requirements |
|
| Experience | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
Financing Options |
|
| Franchise Fees | |
| VR Business Brokers | No |
| Fitness Machine Technicians | No |
| Start-up Costs | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
| Equipment | |
| VR Business Brokers} | |
| Fitness Machine Technicians | |
| Inventory | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
| Receivables | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
| Payroll | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
Training & Support |
|
| Training | |
| VR Business Brokers | |
| Fitness Machine Technicians | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Support | |
| VR Business Brokers | |
| Fitness Machine Technicians | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | |
| VR Business Brokers | |
| Fitness Machine Technicians | Ad Templates Social media SEO Website development |
| Operations | |
| VR Business Brokers | |
| Fitness Machine Technicians | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
|
| US Expansion | |
| VR Business Brokers | |
| 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 | |
| VR Business Brokers | |
| Fitness Machine Technicians | |
| International Expansion | |
| VR Business Brokers | |
| Fitness Machine Technicians | |