Concept Description
Join the leading In-Home & On-Site personal training franchise with GYMGUYZ IN-HOME, ONSITE, AND VIRTUAL PERSONAL TRAINERS!
Want to get fit, lose weight and finally reach your goals? Tough to find time to get to the gym? Hesitant to visit the gym in the first place? We get it. We bring the certified personal trainer, equipment and workout to you – at your home, office, place of business, even
virtually! Workout more frequently and consistently, feel better, and transform your body.
INDUSTRY CHARACTERISTICS
Popularity in the fitness industry has expanded over all age groups. Fitness is in the Top 3 franchise industries! The industry will remain resilient as a result of the increase in demand from health conscious consumers. Media attention on the health benefits of fitness and the need to reduce obesity is opening up new avenues for marketing. No matter the age, people will always want to feel good and look good!
BUSINESS MODEL
GYMGUYZ offers a turn-key model with no need for brick and mortar. Owners do not need to have the knowledge or fitness experience, however they must have interest and participate in the fitness industry.
This is not a passive business, but if you are buying into the semi-abstenee model, you must drive the business or bring on a partner with skin in the game. As you grow, within 3-4 years of opening it may be possible to passively own the business.
The Owners’ responsibilities include will vary depending on their skill set but may include marketing, networking, selling, hiring, managing their team. It is not required for owners to train their clients.
This is a project management business. The ability to be a good networker is a key component to our business model.
Testimonials
Yes, all on our GYMGUYZ youtube channel https://www.youtube.com/@GYMGUYZ
https://www.youtube.com/watch?v=TW36DUDAKpk
Publicity
Visit our youtube channel https://www.youtube.com/@GYMGUYZ
GYMGUYZ Inks Landmark Deal to Launch 80 Territories Across Saudi Arabia and UAE
GYMGUYZ Forges B2B Partnerships Nationwide, Making Fitness Routines Accessible Anywhere
Unit Option
Single, Multiple, Area Representative/Master Developer
Background
FDD Franchised Units: 131
Corporate Owned Units: 23
Projected New Units: 48
Year Established: 2008
First Year Franchised: 2013
Type of Business: Franchise
Hours of Operation: Regular Business Hours
Number of Employees: Small (1-5)
History:
Availability
Territories: United States, International, Canada: Registered
Financials
Liquidity: $100,000
*Investment Range: $112,100 - $194,000
**Average Investment: $150,000 - $174,000
Provided by the Franchisor
Minimum Net Worth: $100,000 or less
6 Month Cash: $100,001
Franchise Fee: $69,500
Royalty: 7%
Royalty Description: 7% of Gross Sales (minimum $300 per two-week period)
Advertising: Greater of $1,750 per month or 4% of Gross Sales after 12 months ($3,000/month in months 6-12)
National Advertising: 2% of Gross Sales or$40.00 per two- week period.
Ramp-Up: 1 to 3 months
Passive Ownership: Passive Ownership NOT Allowed
Passive Ownership means the owner is working 15 hours or less per week in the business.
Passive Ownership Explain: You can run a passive after a year or so....
Available Discounts
- Veterans
Discount Description: $5,000 off initial franchise fee.
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: Available
Lease Negotiation Assistance: N/A
Length of Training: 45.5 hours
Training Description:
SUPPORT, SUPPORT, SUPPORT. Our support is unmatched. Our franchisees receive five days of training at our corporate office and one day of training at their location. Initial training includes:
- Operations training
- Marketing Training
- Sales Training
- Human Resource Training
- Business Administration Training
- Customer Service
- Payroll Training
- Proprietary System Training
- Weekly Operational Support Calls
- Bi-weekly Marketing Support Calls
Corporate provides ongoing support to all franchisees, including but not limited to:
- Bi-weekly Franchise Support Calls
- Monthly Marketing Support Calls
- Monthly Franchise System Conference Calls (Webinar)
- Training Videos
- Online Franchisee Portal
- Initial and Annual Visits to your Market
- Proprietary Phone, Scheduling, Client Assessment, Training, and Business Systems
- Research & Development – Fitness Trends, technology, products and services
- Systems and Tools to Create More Profitability for Franchisees
- Proprietary Phone and Scheduling Systems
- R&D – Fitness Trends
Operational and Marketing Tools:
GYMGUYZ TRAINING AND SUPPORT
SUPPORT, SUPPORT, SUPPORT, Our support is #1! Our franchisees receive five days of training at our corporate office and two
days of training at their location. Initial Training includes:
Operations training
Marketing Training
Human Resource Training
Business Administration Training
Customer Service
Payroll Training
Proprietary System Training
Corporate provides continuous support to all franchisees, including but not limited to:
Weekly Franchise Calls
Monthly Webinars
Training Videos
Online Portal
Visits to your Market
Proprietary Phone and Scheduling Systems
R&D – Fitness Trends
Franchise Support Concierge
Support from Software companies
Our franchise support concierge provides support to the franchise owners throughout the whole process; everything from ordering the
van, delivering the van, ordering equipment, apparel, marketing items, phone system to helping with the grand opening event,
scheduling meetings. We hold our franchisees hands through the whole onboarding process to make it as simple as possible. Owners
can be up and running within 8-10 weeks.
Financing Assistance: Available