Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Extreme Gym | |
| Investment | 124500 - 195300 | 75453 - 96998 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 2003 | 2002 |
| Year Franchised | 2005 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Extreme Gym | |
| Experience | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. | |
Financing Options |
||
| 21 Minute Convenience Fitness | Extreme Gym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Extreme Gym | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| 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 |
||
| 21 Minute Convenience Fitness | Extreme Gym | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Extreme Gym | |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Extreme Gym | 2002 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Extreme Gym | 0 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Extreme Gym | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Extreme Gym | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Extreme Gym | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Extreme Gym | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Extreme Gym | |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Extreme Gym | |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Extreme Gym | |
| Operations | |
| 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. |
| Extreme Gym | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| Canada Expansion | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Extreme Gym | |