- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$171K - $460K
- Units as of 2021
-
7 250.0% over 3 years
Core Progression Elite Personal Training is a wellness facility emphasizing individualized results. The company boasts meticulously maintained facilities paired with trainers at the ready. Individualized results may be the focus of every relationship at Core Progression Elite Personal Training.
Customers may create a personalized plan with their trainer and can choose from preset fitness programs at any time. Core Progression Elite Personal Training could offer unique training programs emphasizing bridal needs, pageant training, weight loss, sports training, and physical therapy.
Each Core Progression Elite Personal Training location only allows several hundred members to guarantee that their patrons will receive quality attention and support in reaching their goals. Not only do customers get the gym experience complete with a personal trainer, but they also receive help in areas like nutrition and recovery.
Why You May Want To Start a Core Progression Elite Personal Training Franchise
A fitness background may not be necessary to become part of the Core Progression Elite Personal Training team as a franchisee. Qualities of people who may make a good fit include highly motivated individuals who are driven by growth, capable of leading a team, and have business experience or aptitude. Interaction with customers is key, so franchisees may benefit from being friendly and excited to positively influence the fitness industry.
Core Progression Elite Personal Training has won multiple awards in Colorado, where the company was founded.
What Might Make a Core Progression Elite Personal Training a Good Choice?
In addition to being an informed, well-maintained, and welcoming center for fitness, there is a level of flexibility that is extended to the customers. Core Progression Elite Personal Training promotes the idea that no fitness goal is off-limits, and the core trainers work with individual customers to create a plan that works for them. They also spend time training them in the gym and providing knowledge that may help their customers see growth.
To be part of the Core Progression Elite Personal 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.
How To Open a Core Progression Elite Personal Training Franchise
Before making any financial commitment or signing an agreement with Core Progression Elite Personal 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 Core Progression Elite Personal Training franchising team questions.
If awarded a franchise, franchisees receive a great deal of support from the Core Progression Elite Personal Training brand throughout the process. In addition to pre-opening training, you may get help with brand awareness, marketing, research, and construction. Core Progression Elite Personal Training also offers hands-on training and continued support after their franchise location has opened.
Company Overview
About Core Progression Elite Personal Training
Business Overview
Franchising Since | 2017 (7 years) |
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# of employees at HQ | 8 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
# of Units | 7 (as of 2021) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Core Progression Elite Personal 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
|
$45,000 |
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Initial Investment
|
$170,500 - $460,030 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$125,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
to 2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Core Progression Elite Personal Training has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll |
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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 |
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Classroom Training | 30 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 1 |
Are exclusive territories available?
|
Yes |
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