Charter Fitness
Fitness club

Charter Fitness
Fitness club

About
Founded

2002

Franchising Since

2011 (7 Years)

Corporate Address

10811 W. 143rd, #210
Orland Park, IL 60467

CEO

Dan Collins, COO

Financial Requirements
Initial Investment

$577,708 - $1,201,802

Net-worth Requirement

$750,000

Liquid Cash Requirement

$300,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Ad Templates

Regional Advertising

Additional Training:

At existing club

Number of Employees Required to Run:

10

Cost
Initial Investment: Low - $577,708 High - $1,201,802
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 8th, 2014
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