- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$234K - $359K
- Units as of 2023
-
2 100.0% over 3 years
Company Overview
About RiseUp Fitness
Industry | Health & Wellness |
---|---|
Related Categories | Fitness |
Founded | 2018 |
Leadership | Kyle Visin, Owner |
Corporate Address |
2273 Las Positas Rd. Santa Barbara, CA 93105 |
Social | Facebook, Instagram |
Business Overview
Franchising Since | 2023 (2 years) |
---|---|
# of employees at HQ | 6 |
Where seeking |
This company is offering new franchises in the following US states: Arizona, California, Colorado, New Mexico, Nevada, Oregon, Texas, Utah |
# of Units | 2 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a RiseUp Fitness 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
|
$50,000 |
---|---|
Initial Investment
|
$233,683 - $359,427 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
7% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
7 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 | RiseUp Fitness 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.
On-The-Job Training | 29 hours |
---|---|
Classroom Training | 34 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 4-5 |
Are exclusive territories available?
|
Yes |
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