ExerTech

At a Glance

Products & Services: Exercise equipment service and repairs

Number of Locations: 4

Total Investment: $16.9K - $47.3K

Founded: 2002

Began Franchising: 2012

Franchise Units

Year U.S. Canadian International Company Owned
2014 3 0 0 1
2013 3 0 0 1
2012 3 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Northeast.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $16,850 - $47,250
Franchise Fee: $15,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $10,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 16 hours. Field training : 24 hours.
Ongoing Support: Meetings, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Regional advertising,
Other marketing support: Website

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