- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$189K - $329K
- Units as of 2020
132 10% over 3 years
Fitness Together, founded in 1984, is a gym and personal fitness training studio located in the U.S. After franchising in 1996, Fitness Together opened a multitude of locations. They are committed to providing affordable and quality personal fitness training to help everyone reach and maintain their fitness goals.
You do not need to be a licensed fitness coach to run a Fitness Together franchise, although it would help. Fitness Together will provide you with the training you need to run a successful fitness business. The perfect candidate for a Fitness Together franchise has a passion for fitness, health, and encouraging people to better their lives.
Why You May Want to Start a Fitness Together Franchise
Owning a Fitness Together franchise means that you own an innovative, caring personal fitness training gym franchise. The company's commitment to personalized and motivational programs for each of its clients ensures that they can reach their goals. Each client will come in with a different goal, and Fitness Together is there to curate a personal program that will help them achieve it.
A Fitness Together franchise is an opportunity for you to be a part of positive and uplifting fitness culture. The company focuses on each client's individual needs, so you get to have profits with a purpose. Fitness Together believes that without health, nothing else matters. They work hard to promote physical and mental health in every person who seeks out their services.
What Might Make Fitness Together a Good Choice?
Owning one or multiple franchise gyms gives you a share in the constantly growing fitness industry.
As you make your decision regarding whether you wish to open a Fitness Together franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Fitness Together focuses on clients who want private, individualized training with accountability and motivation. Providing this key service helps franchisees connect to thousands of clients and, in turn, helps them stick to health goals. The proven Fitness Together system, the low-cost entry, and an ever-growing demand for fitness works in Fitness Together’s favor.
How Do You Open a Fitness Together Franchise?
To start a Fitness Together franchise, you will need to make an initial investment, including a franchise fee and other potential startup fees. There is also an ongoing royalty fee and an ad royalty fee. Having a stable amount in liquid assets and net worth is also necessary as you begin your franchise.
After the initial franchise inquiry, a franchise representative will take you through the franchising process. After you have signed up as a franchisee with Fitness Together, you will attend a training program to ensure smooth operations under the company business model.
After opening your franchise doors, expect unending support in marketing and running the business, as well as mentorship and weekly live training webinars with Fitness Together. Fitness Together wants your gym franchise to succeed and will work with you to set up your fitness center.
About Fitness Together
|Franchising Since||1996 (27 years)|
|# of employees at HQ||110|
|# of Units||132 (as of 2020)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Fitness Together 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.
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.
|$189,162 - $328,576|
Net Worth Requirement
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.
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|20% off franchise 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
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?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing||Fitness Together 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.
|Classroom Training||40 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||No|
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||3-5|
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.
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