CoachMeFit
At a Glance
Products & Services: Personal training
Number of Locations: 4
Total Investment: $106K - 261.5K
Founded: 2001
Began Franchising: 2007
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2009 | 1 | 0 | 0 | 3 |
| 2008 | 3 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Michigan, Ohio, Texas.
Michigan, Ohio, Texas.
Startup Costs, Ongoing Fees and Financing
Total Investment: $106,000 - $261,500
Franchise Fee: $12,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $12,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
Number of employees needed to run franchised unit: 5 - 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3-5 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet,
Marketing Support: Ad slicks,
Other marketing support: Online