Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$52K - $71K
- Units as of 2020
2 100.0% over 3 years
Here’s what you need to know if you’re interested in opening a On The Marc Training franchise.
On The Marc Training takes physical fitness classes to a client's home or office. On The Marc Training opened its first location in Great Neck, New York, in 2013. It began offering franchises in 2019.
On The Marc Training works with franchises throughout the United States. They believe their business model is simple: a trainer takes fitness equipment to a client's premises and helps the client complete a physical fitness program.
Why You May Want To Start an On The Marc Training Franchise
Franchisees may be given continuous support with an On The Marc Training franchise. The company also offers a comprehensive training program. One of the most unique features of On The Marc Training is that franchisees may be given 365 pre-designed workouts that can be used as is, or to form the base of a tailored program for their clients.
You likely do not need any specific qualifications to be an On The Marc Training franchisee. However, some experience in physical training would be a definite plus. Since trainers have direct contact with clients, this opportunity might suit someone who is outgoing, friendly, and motivating to others.
What Might Make an On The Marc Training Franchise a Good Choice?
On The Marc Training believes it has something for everyone. The trainer can provide general fitness programs, help with weight control, run a series of rehabilitation classes for those recovering from accidents or surgery, and give advice on nutrition. The sessions can be one-to-one or for a group and can be held in the client's home, place of business, or online.
The trainers at On The Marc Training typically bring all the necessary equipment in a company van. They may offer sessions seven days a week with multiple time slots so clients can schedule sessions to suit their schedules. A prospective On The Marc Training client may be able to book a free session, which could be a great chance to market your service. The fitness programs may be affordable, convenient, and for all age groups.
As an On The Marc Training franchisee, you may be representing a reputable company where people trust you to provide a consistent, high-quality program. Their franchisees are expected to be ambassadors for On The Marc Training values, as they may oversee day-to-day operations unless they act as absentee owners.
How To Open an On The Marc Training Franchise
To be part of the On The Marc Training team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement with On The Marc Training, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the On The Marc Training franchising team questions. Additionally, you should decide if there is a potential market for an On The Marc Training location in your chosen area.
About On The Marc Training
- Franchising Since
- 2019 (3 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states:
- # of Units
- 2 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a On The Marc Training franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $52,280 - $71,270
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $60,000 - $80,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $30,000 - $50,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- $3,000 off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 5 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- On The Marc Training has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 15 hours
- Classroom Training
- 25 hours
- Ongoing Support
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary Software
- Marketing Support
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Work with a free franchise expert and get what you need to start a On The Marc Training franchise.
Are you eager to see what else is out there? Browse more franchises that are similar to On The Marc Training.
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