Fitness Together

At a Glance

Products & Services: Personal fitness training

Number of Locations: 336

Total Investment: $140.5K - $253.9K

Founded: 1984

Began Franchising: 1996

About Fitness Together

Founded by Rick Sikorski in 1983, Fitness Together offers personal training sessions to clients between the ages of 15 and 80. The company, which began franchising in 1996, operates franchised studios across the United States.

Franchise Units

Year U.S. Canadian International Company Owned
2010 326 2 8 0
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $140,500 - $253,900
Franchise Fee: $39,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000 - $70,000
Operations
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).

How This Franchise Supports Franchisees

Training: Available at headquarters: 4-5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Teleconferences

Franchise Ranking History

Franchise 500®: #447 (2011), #118 (2010),