Start-Up Costs and Fees |
||
| Fitness Together | Cuts Fitness For Men | |
| Investment | 189162 - 328576 | 33600 - 77900 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $400/mo. |
| Advertising Fee | 2% | |
| Year Founded | 1984 | 2003 |
| Year Franchised | 1996 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Cuts Fitness For Men | |
| Experience | Industry experience | Industry experience General business experience Marketing skills |
Financing Options |
||
| Fitness Together | Cuts Fitness For Men | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Fitness Together | Cuts Fitness For Men | |
| Training | Classroom Training: 40 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Regional advertising |
| 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) | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Fitness Together | Cuts Fitness For Men | |
| 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 | |
| Fitness Together | |
| Cuts Fitness For Men | |
| Franchise Fee | |
| Fitness Together | |
| Cuts Fitness For Men | |
| Royalty Fee | |
| Fitness Together | 6% |
| Cuts Fitness For Men | $400/mo. |
| Advertising Fee | |
| Fitness Together | 2% |
| Cuts Fitness For Men | |
| Year Founded | |
| Fitness Together | 1984 |
| Cuts Fitness For Men | 2003 |
| Year Franchised | |
| Fitness Together | 1996 |
| Cuts Fitness For Men | 2003 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Cuts Fitness For Men | 10 years |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Cuts Fitness For Men | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Cuts Fitness For Men | No |
| Start-up Costs | |
| Fitness Together | |
| Cuts Fitness For Men | |
| Equipment | |
| Fitness Together} | |
| Cuts Fitness For Men | |
| Inventory | |
| Fitness Together | |
| Cuts Fitness For Men | |
| Receivables | |
| Fitness Together | |
| Cuts Fitness For Men | |
| Payroll | |
| Fitness Together | |
| Cuts Fitness For Men | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| Cuts Fitness For Men | |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Operations | |
| 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) |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Cuts Fitness For Men | |
| Canada Expansion | |
| Fitness Together | |
| Cuts Fitness For Men | 0 |
| International Expansion | |
| Fitness Together | |
| Cuts Fitness For Men | |