FAQs

PERSONAL TRAINING Franchise FAQ

GYMGUYZ Has Answers

Becoming a part of the nation’s leading personal training franchise is an exciting adventure. However, we understand that you will have many questions. Part of what makes this opportunity so great is the strong support you will constantly receive from our team. We are here to help you every step of the way because our success depends on your success. Below you’ll find some answers to frequently asked questions. Please check them out, and if you have any lingering doubts or concerns, we invite you to reach out to us so we can provide an answer.

1) Do you help with hiring the coaches?

GYMGUYZ has invested a lot of time and money into determining the best programs to use to work efficiently. We currently use an end-to-end hiring management system that sources employees from the world’s leading job boards. This system allows us to screen, interview, verify, and hire employees all through the platform.

2) Can I be a passive owner?

The short answer? This is not a passive business. As you grow, within 3-4 years of opening, it may be possible to passively own the business. But the owner’s responsibilities include marketing, hiring coaches, and networking. This is a project management business. The ability to be a good networker is a key component to our business model.

3) Do I need fitness experience to be a franchise owner?

Owners do not need to have a Certification in fitness. However, basic knowledge and passion is a big plus.

4) What are the plans for GYMGUYZ in the future?

We are looking at going worldwide! Take the journey with us towards world domination!

5) Do I get a discount if I purchase multiple territories?

Yes! Please refer to our FDD.

6) How big of a territory do I get?

A basic territory is 100,000 people. Additional territories are available; fees apply.

7) Can I purchase a GYMGUYZ in a state where I do not reside?

Of course! Scalability is endless!

8) What type of support will I receive after the initial training is complete?

You will receive continuous support, including, but not limited to:

  • Visits to your market
  • Business planning
  • Continuous training
  • R&D for fitness trends
  • Local market development
  • Training videos
  • Instructional videos
  • Monthly webinars
  • Weekly phone calls

We are excited you are interested in being a part of our growing company. Check out our questions and then reach out to our team at 1-855-GYM-GUYZ to get started.

FAQs

How many people can attend the training?

The owners and partners should take part in the training. You may also bring coaches if you would like.

Where does the training take place?

The training includes 5 days at our corporate headquarters in Plainview, NY, and a two-day visit to your territory.

How long before I can begin operating my GYMGUYZ franchise?

After training, you can be up and running within 8-12 weeks.

Do you help with marketing and advertising?

The brand development fund is to assist with marketing. We also assist in handling all social media and email blasts to reach our customer base.

Do I purchase the equipment in the van?

Yes, the equipment is purchased through one of our vendors. This price is included in the startup costs.

How do I get the van to my location or territory?

You are responsible for having it shipped from the GYMGUYZ corporate office, or you may choose to drive the van to your location.

Do I purchase or lease the GYMGUYZ van?

All our vans are leased and are included in the startup cost. All transactions are done through corporate.

How much money will I make?

Revenues may vary significantly depending on a number of factors. Please refer to Item 19 in our FDD.

Do you offer any discounts to purchase a franchise?

Yes, we are affiliated with VetFran and we offer a $5,000 discount off the initial franchise fee to veterans interested in a GYMGUYZ franchise.

Is financing available?

Financing is available through a third party. GYMGUYZ is Small Business Association (SBA) approved. (www.sba.gov)

How much does a GYMGUYZ franchise cost?

Initial total startup cost: $53,850-$221,409. Many of our franchisees purchase multiple territories. When purchasing more than one location, there is a discount.

What are your royalty fees?

The royalty fee is 6% of gross sales and the brand development fund is 2% of gross sales. Both fees are paid weekly. (Subject to minimums as outlined in Item 6 of the Franchise Disclosure Agreement.)

How do I obtain a copy of the GYMGUYZ Franchise Disclosure Document?

Upon completion of a telephone interview, we will email you a copy of our FDD.

Why should I join the GYMGUYZ team?

GYMGUYZ is a company that is revolutionizing the fitness industry. The industry has spread out among all age groups and will remain resilient as the demand from health-conscious consumers grows.

Ready to Transform the Fitness Industry?

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