Conte's Bicycle & Fitness Equipment
At a Glance
Products & Services: Bicycles & accessories, fitness equipment
Number of Locations: 9
Total Investment: $425K - 734.3K
Founded: 1957
Began Franchising: 2004
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2009 | 9 | 0 | 0 | 0 |
| 2008 | 8 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $425,000 - $734,300
Franchise Fee: $60,000
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $60,000
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $174,000 - $266,000
Liquid Cash Available: $87,000 - $133,000
Operations
Number of employees needed to run franchised unit: 3 - 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: Events & sponsorship support