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Interested in owning your own Quick Fitness 24/7 gym®?
There are basically three options available to individuals who are interested in starting and operating a successful and profitable 24-hour fitness center business…
- Purchase a franchise
- Purchase a License
- Wing it on your own
Deciding upon which option is best for you depends upon several factors:
- Do you need the support and tight controls offered by a franchise?
- Are the benefits of a License without the restrictions and support of a franchise of value to you?
- What is your level of general business experience, particularly in starting and operating your own business?
- What is your level of experience in the fitness industry?
- Do you want the prestige and exclusivity of a national brand ?(both Licenses and franchise offer some degree of this)
- Is internet marketing of your center important to you and your market strategy?
- Do you mind giving up the freedom of ownership required by a franchise?
- Can you meet the financial requirements of net worth and personal disclosures required by franchisers?
- Do you have the several thousands of dollars required to purchase a franchise?
- Do you mind sharing a percentage your ongoing revenue and paying a monthly co-op marketing fee to a franchiser?
These are just some of the questions you will need to answer before choosing which path of development you will pursue.
Quick Fitness 24/7® is one of the only 24-hour fitness center brands to offer much lower cost licensing territories as opposed to expensive and restrictive franchise agreements.
What is the difference between a License and a franchise?
While there are many legal and structural differences, the primary differences are:
- A License is usually much less expensive, both on the front end and for ongoing fees. Our License is only $1,500 initial payment and $100 per month monthly fee. Our License may be canceled at any time with no penalty or restrictive exit requirements.
- With licensing, you, not the franchiser, control your own business. There are no requirements of our Licensees whatsoever other than two simple terms…1) pay your licensing fees on time and keep them current, and 2) properly display the brand and logo on signage, in advertising and on printed materials.
- Unlike franchises for fitness centers now available:
- We do not require Licensees to open a center within a fixed period of time. The exclusive License is yours in your territory as long as you keep your
monthly fee current and paid… you can secure your territory now and it will be
yours when you decide to open. There is no pressure. We let you move at your own pace.
- We do not require Licensees to sign a non-compete or confidentiality agreement.
- We do not require Licensees to purchase our operating system, printed materials, supplies, equipment or anything else!
- We do not restrict your marketing or sales tactics to conform to corporate guidelines.
- We do not require you to attend initial training seminars or management meetings.
- We do not require you to purchase or support any corporate vendors for equipment or other operational needs.
- We do not require Licensees to link to our central computer system or utilize our security/access software.
- With our licensing, you do not have to submit any reports of any kind to a franchise headquarters or share any personal financial or creditworthiness information.
- We do not require Licensees to use our membership agreements nor stay within corporate guidelines for fees and services.
- There are no marketing funds or co-op advertising fees you must participate in.
So since there are many differences with a Quick Fitness 24/7® License as compared to fitness center franchises now available, what do you get for your License fee?
- First and foremost you are given an exclusive License territory. The size of the territory is defined by zip code(s) boundaries and is based upon the population density and proximity of potential members to your club. Multiple territory Licenses are available at License fee discounts.
- Within your License territory you are given:
- Exclusive rights to use the trademarked name
Quick Fitness 24/7® for all aspects of your gym.
- A free page on our website www.quickfitness247.com for your local center at no charge which can be accessed directly from the internet, example… www.quickfitness247.com/northdallas. (not required) There are many advantages to this such as enhanced browser search returns, location finding, and centralized information. Cost for such a listing can be well over $300 per year just for the domain. (There is a one-time art and graphics fee of $425 to build your page.)
- Signage art and specification options for several different exterior signage formats. Use this art to purchase your own sign locally. (not required)
- Access to FREE .pdf downloads of dozens of copyrighted sales and marketing collaterals such as guest passes, newspaper ads, take-ones, direct mailers, window signs, posters, membership agreements, newsletters, etc. You download this camera-ready art and take it to your local printer to customize to your location and print for you so you control your own costs. (NOTE: you are NOT required to use any of this material if you so choose).
Owning a Quick Fitness 24/7® License can save you hundreds if not thousands of dollars over purchasing a franchise or trying to open a center on your own. If you believe licensing is the right option for you, contact us for more information. We’ll be glad to help you assess if licensing, franchising or “going it alone” is better for you and your plans. |