Start-Up Costs and Fees |
||
| Nitro Fitness for Men | Fitness Together | |
| Investment | 55500 - 76500 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | $498/month | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1984 |
| Year Franchised | 2004 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nitro Fitness for Men | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Nitro Fitness for Men | 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 |
||
| Nitro Fitness for Men | Fitness Together | |
| Training | 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 | 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 |
||
| Nitro Fitness for Men | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nitro Fitness for Men | |
| Fitness Together | |
| Franchise Fee | |
| Nitro Fitness for Men | |
| Fitness Together | |
| Royalty Fee | |
| Nitro Fitness for Men | $498/month |
| Fitness Together | 6% |
| Advertising Fee | |
| Nitro Fitness for Men | |
| Fitness Together | 2% |
| Year Founded | |
| Nitro Fitness for Men | 2004 |
| Fitness Together | 1984 |
| Year Franchised | |
| Nitro Fitness for Men | 2004 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Nitro Fitness for Men | 7 years |
| Fitness Together | 10 years |
| Renewal Fee | |
| Nitro Fitness for Men | $5,000 |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Nitro Fitness for Men | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Nitro Fitness for Men | No |
| Fitness Together | No |
| Start-up Costs | |
| Nitro Fitness for Men | |
| Fitness Together | |
| Equipment | |
| Nitro Fitness for Men} | |
| Fitness Together | |
| Inventory | |
| Nitro Fitness for Men | |
| Fitness Together | |
| Receivables | |
| Nitro Fitness for Men | |
| Fitness Together | |
| Payroll | |
| Nitro Fitness for Men | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Nitro Fitness for Men | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Nitro Fitness for Men | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Nitro Fitness for Men | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Nitro Fitness for Men | |
| 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 | |
| Nitro Fitness for Men | |
| 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 | |
| Nitro Fitness for Men | 0 |
| Fitness Together | |
| International Expansion | |
| Nitro Fitness for Men | |
| Fitness Together | |