Fitness Premier 24/7 Clubs

Fitness and wellness facilities
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$280K - $575K
Units as of 2022
17 Increase 88.9% over 3 years

Company Overview

About Fitness Premier 24/7 Clubs

Industry Health & Wellness
Related Categories Fitness
Founded 2004
Leadership Jason Markowicz, CEP
Corporate Address 530 W. North St., #105
Manhattan, IL 60442
Social Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since 2017 (8 years)
# of employees at HQ 10
Where seeking

This company is offering new franchises throughout the US.

# of Units 17 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Fitness Premier 24/7 Clubs 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 Information Circle
$39,999
Initial Investment Information Circle
$279,849 - $575,499
Net Worth Requirement Information Circle
$500,000
Cash Requirement Information Circle
$40,000 - $150,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
to 1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Fitness Premier 24/7 Clubs offers in-house financing to cover the following: franchise fee, startup costs, accounts receivable, payroll
Third Party Financing Fitness Premier 24/7 Clubs has relationships with third-party sources which offer financing to cover the following: equipment, inventory

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 18 hours
Classroom Training 22 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
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? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
No
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022