- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$27K - $51K
- Units as of 2015
-
6
Company Overview
About Gym On Wheels
Industry | Children's Businesses |
---|---|
Related Categories | Children's Fitness Programs |
Founded | 2004 |
Leadership | Scott Hassa, CEO |
Corporate Address |
45 Royal Ave., #21 Hawthorne, NJ 07506 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2014 (11 years) |
---|---|
Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
# of Units | 6 (as of 2015) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Gym On Wheels 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
|
$15,000 |
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Initial Investment
|
$27,261 - $51,436 |
Veteran Incentives
|
$5,000 off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
1% |
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 | Gym On Wheels offers in-house financing to cover the following: franchise fee |
---|---|
Third Party Financing | Gym On Wheels has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
No |
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