fit20 logo

fit20

Personal training studios
Investment
$106,650
Initial Franchise Fee
$35,000
Units
167
Growth Rate
N/A

Overview

Industry
Health & Wellness
Founded
2009
Franchising Since
2012
Parent Company
fit20 Group BV
Leadership
Walter Vendel, CEO
# of Employees at HQ
20

Units and Growth Chart

Investment Details

Initial Franchise Fee
$35,000
Initial Investment
$106,650 - $229,700
Net Worth Requirement
Cash Requirement
Royalty Fee
8%
Ad Royalty Fee
up to 3%
Technology Fee
200/mo
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

United States

States

Florida Michigan Ohio Texas Utah Virginia
International

Continents

Asia Australia/New Zealand Middle East Europe (Western) Central America Canada Mexico

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
16 hours
Classroom Training
24 hours

Ongoing Support

Newsletter
Meetings & Conventions
Grand Opening
Online Support
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for 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?
Yes
# of employees required to run
2-4
Are exclusive territories available?
Yes

Ranking History

fit20 performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022