Fitness Together operates personal training studios that provide one-on-one and small group fitness training, along with nutrition programs. The franchise focuses on individualized fitness coaching.
Key Insights
- Fitness Together has a history of providing personalized fitness solutions, focusing on individual client needs and outcomes through tailored workout plans and one-on-one training sessions. The business model emphasizes building strong client relationships and delivering consistent, effective results.
- The franchise operates on a model where certified personal trainers work directly with clients in private studios, offering a focused and distraction-free environment for achieving fitness goals. This approach allows for a high level of customization and attention to detail in every session.
- The fitness industry is characterized by a growing demand for specialized and personalized health services. Consumers are increasingly seeking expert guidance and tailored programs to meet their unique fitness objectives.
Franchise Fee and Costs to Open
Exploring the financial picture of Fitness Together gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $221,458 - $524,484, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $394,743 and estimated earnings of $59,212 - $71,054 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.2-8.2 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Fitness Together provides comprehensive training. Initial training spans two weeks and is conducted at their headquarters. They offer resources covering operational procedures and marketing strategies. Fitness Together also provides access to established brand materials. This structured onboarding helps new owners integrate into the Fitness Together network.
Legal Considerations
Legal considerations for a Fitness Together franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee may encounter considerations related to local fitness offerings, requiring an understanding of the competitive landscape. The operational demands of managing staff, client scheduling, and maintaining facilities present a layer of complexity. Furthermore, ensuring consistent access to equipment and branded merchandise involves navigating specific supply channels.
Franchise Datasheet
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