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This US-based fitness franchise has just entered the Canadian market. It has designed a proprietary trademarked system, which drives results and maximizes the franchisees' profits! With 30 franchise locations across the United States, the system and business model has been proven. Individual clubs range between 6,000 - 15,000 square feet. The club size is determined by the marketplace. The proprietary heart rate training system utilized by each club helps members achieve optimal results. The clubs have a wide variety of amenities including a cardio movie theater, a functional training area, a Zen studio, group exercise, free weights, full locker rooms and more! This allows the franchisees to offer many options, giving them competitive advantage. The franchisor provides a protected territory, full support and ongoing training. Proprietary software automates many aspects of the club's operations, providing a desirable lifestyle to the franchisees and reducing employee expenses by 40-50%. The initial franchise fee is $27,000, with an additional investment normally ranging between $250,000 and $900,000, depending on location and the number of employees. Exercise equipment is leased, so most of the capital goes toward the build-up of the premises and leasehold improvements. Financing options are available. A successful applicant must have at least $50,000 - $100,000 in liquid assets (cash or capital), a net worth of $150,000 and at least $75,000 in annual household income.
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