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Entrepreneur: Start & Grow Your Business

The HIT Center

Athletic development, weight loss, fitness centers

Background

Founded: 2000 Franchising since: 2003
690 Lakeview Plaza Blvd., #H
Worthington, Ohio 43085
Phone:
(614)888-4448


Franchisor is a privately-held company with 5 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 11 0 0 0
2006 7 0 0 0
2005 5 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, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Population of at least 220,000

Costs and Fees

Total investment: $500K
Franchise fee: $40K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


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

Qualifications
Business Experience:
  • General business experience

Operations
  • 30% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 12
  • Absentee ownership of franchise is allowed. (30% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 1 week & as needed

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks