
The Max Challenge
10-week fitness and nutrition programs- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$151K - $349K
- Units as of 2019
-
70 59.1% over 3 years
Company Overview
About The Max Challenge
- Industry
- Personal-Care Businesses
- Related Categories
- Fitness
- Founded
- 2011
- Parent Company
- The Max Challenge Franchise
- Leadership
- Bryan Klein, Founder and CEO
Franchising Overview
- Franchising Since
- 2013 (9 years)
- # of employees at HQ
- 13
- Where seeking
-
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 70 (as of 2019)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a The Max Challenge 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
- $40,000
- Initial Investment
- $150,800 - $349,250
- Net Worth Requirement
- $300,000 - $600,000
- Cash Requirement
- $55,000
- Veteran Incentives
- $5,000 off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 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
- The Max Challenge 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
- 5 hours
- Classroom Training
- 75 hours
- Additional Training
- Ongoing
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 3-6
- Are exclusive territories available?
- Yes
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