Welcyon, Fitness After 50

At a Glance

Products & Services: Fitness center for ages 50+

Number of Locations: 4

Total Investment: $230K - $350K

Founded: 2009

Began Franchising: 2011

Franchise Units

Year U.S. Canadian International Company Owned
2013 2 0 0 2
2012 1 0 0 2
2011 0 0 0 2
2010 N/A N/A N/A 2
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $230,000 - $350,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $10,000 off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $70,000
Operations
Number of employees needed to run franchised unit: 5 - 7. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
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: 1 week. At franchisee's location: 1 week.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,

Franchise Search

Looking to Start a Business?

ServiceMaster Clean has opportunities available today.

Request Information

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

From the Entrepreneur Bookstore

Franchise Bible, 7th Edition
Franchise Bible, 7th Edition
By Erwin J. Keup and Peter Keup
More Info