Crunch Franchise

Crunch Franchise

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Crunch Franchise
#88

Initial Investment

LOW: $304,500
HIGH: $2,129,500

Change in Units

+13.6% +15 UNITS (1 Year)
+197.6% +83 UNITS (3 Years)

Company Profile

Founded

2010

Franchising Since

2010 (7 Years)

Corporate Address

1 Harbour Pl., #310 Portsmouth, NH 03801

CEO

Ben Midgley

About Crunch Franchise

Franchising since 2010, Crunch fitness centers offer access to workout equipment, personal training, and a variety of classes to base members. Peak members, who pay a higher monthly membership fee, also receive tanning services, free guest passes, and access to an online fitness and nutrition program that includes meal planning, recipes, fitness videos and tools, and nutritional products.

Financials

Financial Requirements

Initial Investment

$304,500 - $2,129,500

Net-worth Requirement

$1,000,000

Liquid Cash Requirement

$300,000 - $400,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

5%

Financing Options

Crunch Franchise offers in-house financing to cover the following: franchise fee

Crunch Franchise has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


20% off franchise and royalty fees with purchase of 3+ clubs

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 Onsite: 5 days

Training at headquarters: 3 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 15

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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: March 7th, 2017

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