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1-2-3 Fit

Fitness club

Background

Founded: 2005 Franchising since: 2005
1415 Larimer St., #500
Denver, Colorado 80202
Phone:
(888)688-4630/ (720)479-9000


Franchisor is a privately-held company with 13 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 34 0 0 0
2006 30 0 0 0
2005 12 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $176.8K-229.4K
Franchise fee: $20K
Ongoing royalty fee: 5%
Term of agreement: Term of agreement not renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $125K
Cash liquidity requirement: $60K

Operations
  • 15% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 4 - 6
  • Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 7 days
  • Available at franchisee's location
  • Self-study course

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • National media

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