LEARN MORE ABOUT GYMGUYZ FRANCHISE OPPORTUNITIES IN YOUR AREA
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#1 In Home Personal Training
HOW TO BECOME A GYMGUYZ FRANCHISEE
STEP 1
Submit Inquiry Form and Download e-brochure.
After you fill out the online info request, you will receive a Franchise Brochure to learn more about the GYMGUYZ ownership opportunity.
Today
STEP 2
Introduction call (5-10 mins).
We will reach out to answer initial questions, talk about qualifications, and schedule a more in depth conversation about the GYMGUYZ and your goals with our brand.
Within 24 Hours
STEP 3
Exploratory Call (1 hr):
Talk with our team team to get to know each other further:
– Discuss your goals, desires, and questions
– Learn more about our Core Values
– Overview of Basic store operations
– Educate you about our Support team
STEP 4
Market Study:
If we all decide that we want to move forward, you will enter the due diligence stage. This involves a market study, where you’ll develop a thorough understanding of the industry within your territory.
STEP 5
Budget and Financial Forecast:
We work with you to build a realistic business plan and financial forecast. You will also review our Franchise Disclosure Document (FDD), and we’ll discuss your funding and financing plans/options.
STEP 6
Speaking to Our Franchise Owners:
Interview our Franchise Partners to learn more about their experiences, their opinions on the business, and what it takes to be successful.
STEP 7
Team Day:
You’ll attend a team day which includes meeting with leadership and the teams that will support you. It’s also when we finalize your business plan and territory.
STEP 8
Franchise Awarded:
It’s time to celebrate! Your corporation will be established, you’ll pay your franchise fees, and we’ll produce your franchise agreements for signing. You’ll then start your on-boarding and training.
How We Will Support You
SUPPORT
The benefit of being a part of the #1 in Home Personal Training franchise is that it comes along with first-rate support. You’ll never feel like you’re on your own when you’re part of our team. Our mobile fitness franchisees receive four and a half days of training at our corporate office and one day of training at their location.
OUR BUSINESS MODEL
GYMGUYZ offers a turn-key model with no need for brick-and-mortar. Owners do not need to have a certification in fitness, however, basic knowledge and a passion are a big plus. Our fitness franchise is not a passive business. As you grow, within 3-4 years of opening, it may be possible to own the company passively.
TRAINING
Once your business gets up and running, our support doesn’t stop there. We are with you every step of the way to ensure you always have everything you need. Our success is dependent on yours, so we want to make sure you are always supported. We are always happy to answer any questions or concerns you may have.
MARKETING
The brand development fund is to assist with marketing. We also assist in handling all social media and email blasts to reach our customer base.
Our Numbers
| TYPE OF INVESTMENT | AMOUNT | WHEN DUE |
Initial Franchise Fee | $40,000 | On signing Franchise Agreement |
Computer System & Software | $500 to $1,000 | As arranged |
Insurance | $3,000 to $4,500 | As arranged |
Permits and Licenses | $0 to $500 | As arranged |
Equipment | $0 to $7,000 | As arranged |
Marketing Materials | $0 to $4,501 | As arranged |
Grand Opening Advertising | $0 to $30,000 | On signing franchise agreement |
Launch Fund Fee | $0 to $10,000 | On signing franchise agreement |
Travel Expenses for Training | $100 to $2,500 | As Incurred |
Vehicle | $5,500 to $8,000 | As arranged |
Professional Fees | $1,500 to $3,000 | As arranged |
Apparel | $1,600 | As arranged |
Additional Funds – 3 Months | $40,000 to $60,000 | As Incurred |
| TOTAL | $92,200 – $172,001 |
Meet Our Franchise Partners
Since 2008, GYMGUYZ has been #1 in home and virtual personal training. The company has grown to become the most trusted source in fitness for thousands of clients, improving their lives no matter their age or ability.