Thrive Community Fitness is graded based on our most recent FDD research!
Thrive Community Fitness has a franchise fee of up to $35,000, with a total upfront investment range of $250,000 to $450,000.
The initial cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to own an Thrive Community Fitness, such as territory fees, leasehold improvement costs, grand opening, marketing, and technology fees.
Can you Afford a Thrive Community Fitness Franchise. Complete our Affordability Calculator to find out!
As with any new franchise, there should be a strong ROI and profit potential. The specific franchisee's income and the revenue from an Thrive Community Fitness franchise will depend on many factors. One way to confirm the potential revenues or profits earned from a Thrive Community Fitness franchise investment is to analzye 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 disclose limited information such as overall systemwide sales. This type of financial data is not always helpful to determine profitability for you directly. So review systemwide sales data with caution. As expected, usually earnings and owner's income are equitable to the overall size of the initial investment. The larger the initial investment, the higher profits you should expect to see. Another determining factor to profitability is based on the number of locations you own. If you buy multiple units (usually defined as Area Development Agreements), you can anticipate that as you launch each additional location, you will earn a multiple on your profits. Demand for your products, the labor costs in your city, commercial lease rates and several other variables also play a huge role in your bottom line and your take-home income. Your future returns are associated with Thrive Community Fitness's success. Your profits and owner's income is not just dependent on how well your own location performs, you need to review how well the entire franchise system is operating. Determine how the franchisor earns income and review their financial statements.
For more details and system-specific data on the revenue of an Thrive Community Fitness franchise opportunity, unlock this franchise opportunity
As of the 2015 Franchise Disclosure Document, there are 5 franchised Thrive Community Fitness locations across the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2015 FDD information, Thrive Community Fitness has franchised locations in 2 states. There may be zero outlets in several states as each franchise company maps out their growth strategy differently. Certain states require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchises to people residing in that state. These registration states have examiners review a franchise company's FDD to confirm it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that mandate franchisors to file their franchise within the state. In most instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not examine the FDD.
Based on the data collected Thrive Community Fitness is expanding into new locations and might be available near you.
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Last Reviewed: 2015
Yes, they have an initial training program of 280 hours. This includes 60 hours of classroom training, 220 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.
Thrive Community Fitness offers territory protections. For an explanation of territory rights, unlock this franchise opportunity for more details.
No, Thrive Community Fitness does NOT offer comprehensive support for franchisees.
They began franchising in 2007. 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.