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World Gym

Fitness center

Background

Founded: 1976 Franchising since: 1982
26 Fox Run Rd.
Newington, New hampshire 03801
Phone:
(603)742-4443


Franchisor is a privately-held company with 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 162 15 27 1
2007 158 15 25 0
2006 189 13 23 0
2005 213 10 22 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $102.6K/422.6K
Franchise fee: $6.5K/25K
Ongoing royalty fee: Varies
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment Yes Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $150K/500K
Cash liquidity requirement: $50K/150K

Operations
  • 2% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 days
  • Available at franchisee's location
  • Additional training as needed

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Internet

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