Fitwall is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our research team.
Fitwall has a franchise fee of up to $45,000, with a overall upfront investment range of $310,600 to $626,200.
The initial purchase price of any franchise opportunity includes multiple fees. Check out this franchise opportunity to better understand the specific costs required to own a Fitwall, such as franchise fees, construction and costs, pre-opening marketing, and furniture and fixtures purchases. As a reminder, franchise companies are required to disclose all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
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As with any new business, there should be a reasonable return on your investment and profit potential. The specific franchisee's income and the revenue from a Fitwall franchise opportunity will depend on a lot of different factors. One way to confirm the potential revenues or profits generated from a Fitwall franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchise companies in our database will disclose financial performance data within Item 19 of their FDD. Some franchise companies may provide limited information such as overall systemwide sales. This type of information is not always helpful to assess profits for you directly. So review average sales data with caution. As expected, typically earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher return you should anticipate. Another factor to profitability is based on the number of locations you own. If you purchase multiple outlets (typically referred to as Area Development Agreements), you can expect that as you scale each additional location, you will earn a multiple on your profits. Demand for your products, your labor costs in your state, commercial lease rates and several other variables also play a huge role in your earnings and your take-home income. Your financial success are associated with the franchise system’s success. Your returns and owner's salary is not just reliant on how well your own location operates, you need to analyze how well the entire franchise system is performing. Determine how the franchisor earns income and analyze their financial returns.
For more details and franchise specific on the revenue of a Fitwall franchise opportunity, unlock this franchise
As of the 2016 Franchise Disclosure Document, there are 2 franchised Fitwall locations in the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2016 FDD research, Fitwall has franchise locations in 2 states. There could be zero outlets in several states as each franchise maps out their growth strategy differently. Specific states require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchise opportunities to people living in that state. These registration states have examiners review a franchise company's FDD to confirm it complies state regulatory conditions. In addition to registration states, some other states have enacted supplemental franchise or business opportunity laws that require franchise companies to provide their franchise within the state. In almost all instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine a franchisor's FDD.
Based on the data collected this franchise opportunity is expanding into new locations and might be available in your city. While planning your franchise purchase, you should be considering where is a good location for my business. Review the potential customer base to confirm that the area you are looking at has a need or want for this brand. Even the most popular franchised businesses have regions that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You should analyze not only the franchise opportunity itself, but map out locations where you think the business has a better chance of long-term success.
One of our advisors will have detailed knowledge about this brand. Unlock to learn more and connect with our researchers.
Last Reviewed: 2016
Sector: Personal Services
Category: Fitness and Gym
Yes, they have an initial training program of 56 hours. This includes 22 hours of classroom training, 34 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Fitwall offers territory protections. For an explanation of territory rights, unlock this franchise for more details.
Yes, Fitwall offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2014. The average Fitness and Gym franchise began franchising in 2012.
No, but you can click here to fill out our affordability calculator and understand your financing options.