Thrive Community Fitness
At a Glance
Products & Services: Fitness center/health club
Number of Locations: 8
Total Investment: $140K - 750K
Founded: 2001
Began Franchising: 2007
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 4 | 0 | 0 | 4 |
| 2009 | 1 | 0 | 0 | 4 |
| 2008 | 0 | 0 | 0 | 4 |
Startup Costs, Ongoing Fees and Financing
Total Investment: $140,000 - $750,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $140,000
Operations
Number of employees needed to run franchised unit: 10 - 35. 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 | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters. Available at franchisee's location.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, Regional advertising,
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