What Does It Cost?
Investment Information About Our In Home Personal Training Franchise
GYMGUYZ created a new category within the fitness industry: in Home Personal Training. This is one of the reasons our franchise is expanding so rapidly. As this market continues to grow, the financial opportunity for investing in the GYMGUYZ franchise is only improving. Check out some of the investment information below to learn more about what it takes to get started.
General Information
| Initial total startup costs: | $92,200- $172,601 |
| Franchise Fee: | $40,000 (10,000 households; additional territory available, fees apply) |
| Initial Agreement Term: | 10 years |
| Renewal Options: | (2) Five Year options |
| Royalties: | 6% |
| Brand Development: | 2% |
| Financial Requirements: | $50,000 Liquid Capital and $150,000 Net-Worth |
| Franchise Fee | $40,000 |
| Computer and Software Systems | $500-$1,000 |
| Insurance | $3,000- $4,500 |
| Permits and Licenses | $0-$500 |
| Equipment | $0 -$7,000 |
| Marketing Materials | $0-$4,501 |
| Grand Opening Advertising | $0-$30,000 |
| Launch Fund Fee | $0 -$10,000 |
| Travel Expenses for Training | $100- $2,500 |
| Vehicle | $5,500 - $8,000 |
| Professional Fees | $1,500 -$3,000 |
| Apparel | $1,600 -$1,600 |
| Additional Funds (3 months) | $40,000-$60,000 |
| Total | $92,200-$172,601 |
