Koko FitClub LLC

Koko FitClub LLC

Koko FitClub LLC
Not Ranked

Initial Investment

LOW: $203,421
HIGH: $396,337

Change in Units

-5.5% -6 UNITS (1 Year)
-17.4% -19 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

2004

Franchising Since

2008 (8 Years)

Corporate Address

300 Ledgewood Pl., #200 Rockland, MA 02370

CEO

Mike Lannon

Parent Company

Koko FitClub LLC

About Koko FitClub LLC

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.

Financials

Financial Requirements

Initial Investment

$203,421 - $396,337

Net-worth Requirement

$350,000

Liquid Cash Requirement

$350,000

Ongoing Fees

Initial Franchise Fee

$39,000

Ongoing Royalty Fee

3-5%

Ad Royalty Fee

2%

Franchise 500® Rank History

Highest Rank: 399

Lowest Rank: 487

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 3-4 days

Additional Training: Online training

Ongoing Support
Purchasing Co-ops
Meetings
Grand Opening
Internet
Security

Marketing Support
Co-op Advertising
Ad Slicks

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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: May 26th, 2016

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