Start-Up Costs and Fees |
||
| Prime Time Boxing | Fitness Together | |
| Investment | 119600 - 149250 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1998 | 1984 |
| Year Franchised | 2007 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Prime Time Boxing | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Prime Time Boxing | Fitness Together | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Prime Time Boxing | 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 |
||
| Prime Time Boxing | 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 | |
| Prime Time Boxing | |
| Fitness Together | |
| Franchise Fee | |
| Prime Time Boxing | |
| Fitness Together | |
| Royalty Fee | |
| Prime Time Boxing | 6% |
| Fitness Together | 6% |
| Advertising Fee | |
| Prime Time Boxing | |
| Fitness Together | 2% |
| Year Founded | |
| Prime Time Boxing | 1998 |
| Fitness Together | 1984 |
| Year Franchised | |
| Prime Time Boxing | 2007 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Prime Time Boxing | |
| Fitness Together | 10 years |
| Renewal Fee | |
| Prime Time Boxing | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Prime Time Boxing | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Prime Time Boxing | |
| Fitness Together | |
| Start-up Costs | |
| Prime Time Boxing | |
| Fitness Together | |
| Equipment | |
| Prime Time Boxing} | |
| Fitness Together | |
| Inventory | |
| Prime Time Boxing | |
| Fitness Together | |
| Receivables | |
| Prime Time Boxing | |
| Fitness Together | |
| Payroll | |
| Prime Time Boxing | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Prime Time Boxing | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Prime Time Boxing | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Prime Time Boxing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Prime Time Boxing | |
| 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 | |
| Prime Time Boxing | |
| 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 | |
| Prime Time Boxing | 0 |
| Fitness Together | |
| International Expansion | |
| Prime Time Boxing | |
| Fitness Together | |