GymGuyz

At a Glance

Products & Services: Mobile personal training

Number of Locations: 21

Total Investment: $60.7K - $105.3K

Founded: 2008

Began Franchising: 2013

Franchise Units

Year U.S. Canadian International Company Owned
2014 17 0 0 4
2013 0 0 0 1
2012 0 0 0 1
2011 0 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $60,675 - $105,250
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $25,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is NOT allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 days. At franchisee's location: 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: National media,