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Koko FitClub LLC
Fitness clubs

Koko FitClub LLC No Longer Franchising
Fitness clubs

About
Founded

2004

Franchising Since

2008 (10 Years)

Corporate Address

300 Ledgewood Pl., #200
Rockland, MA 02370

CEO

Mike Lannon

Parent Company

Koko FitClub LLC

Financial Requirements
Initial Investment

$185,260 - $396,312

Net-worth Requirement

$350,000

Liquid Cash Requirement

$175,000

Ongoing Fees
Initial Franchise Fee

$39,000 - $39,000

Ongoing Royalty Fee

3-5%

Ad Royalty Fee

2%

Financing Options

Koko FitClub LLC has relationships with third-party sources which offer financing to cover the following: 
equipment

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

National Media

Social media

SEO

Website development

Email marketing

On-The-Job Training:

40 hours

Classroom Training:

42 hours

Additional Training:

Online training

Bio
Members of Koko FitClub receive a USB drive, part of the company's proprietary Smartraining system. The drives contain information about who they are and what they did during their last workout. When plugged into one of the club's cardio or strength machines, it gives members personalized instructions on how long and how intensely they should work out. Members can also set fitness goals and track their progress online.
Cost
Initial Investment: Low - $185,260 High - $396,312
Units
-9.8%-9 UNITS (1 Year) -27.8%-32 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: February 22nd, 2018