- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$50K - $122K
- Unit data is unavailable
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N/A
Company Overview
About My Personal Trainer
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Fitness |
| Founded | 2004 |
| Leadership | Jeffrey Stone, CEO |
| Corporate Address |
1967 E. Maple St., #310 North Canton, OH 44720 |
Business Overview
| Franchising Since | 2010 (14 years) |
|---|---|
| # of employees at HQ | 5 |
| Where seeking |
This company is offering new franchises throughout the US. |
|
|
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Information for Franchisees
Here's what you need to know if you're interested in opening a My Personal Trainer 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
|
$14,900 |
|---|---|
|
Initial Investment
|
$49,700 - $122,200 |
|
Cash Requirement
|
$40,000 - $60,000 |
|
Royalty Fee
|
3.9%+ |
|
Term of Agreement
|
5 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.
| In-House Financing | My Personal Trainer offers in-house financing to cover the following: franchise fee |
|---|---|
| Third Party Financing | My Personal Trainer has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment |
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 | Up to 5 days |
|---|---|
| Classroom Training | 2 weeks |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
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No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
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