Team Spirit Fitness Centers

Founded: 2002 Franchising since: 2004

2012 8th Ave. Altoona, Pennsylvania 16602

Phone: (800)941-9251

Franchisor is a privately-held company with 3 employee(s); 3 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	0	0	0	1
2006	1	0	0	1
2005	0	0	0	1

Where Seeking Franchisees
In the U.S. Ohio, Pennsylvania, United states, West virginia

Exclusive territories available.
Territory size: Approximately 50,000 population

Total investment: $69K Franchise fee: $30K

Ongoing royalty fee: 6% Term of agreement: 5 years, 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	No
Payroll	No	Yes

Third-party financing source(s): Wachovia Bank, Reliance Bank

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $30K
Business Experience:

• Industry experience
• General business experience

Operations

• Number of employees needed to run franchised unit: 3 - 3
• Absentee ownership of franchise is NOT allowed.

Training

• Available at headquarters: 2 weeks
• At franchisee's location: 5 days

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising