Franchimp Summary Rating
Higher than 87% of peers
Franchise Summary
Description
Fitness Evolution Franchising, LLC offers franchises for businesses that will establish and operate fitness centers.
Company Background
Fitness Evolution Franchising, LLC offers franchises for businesses that will establish and operate fitness centers. The company was established in 2009 by entrepreneur Michelle Davis-Satterfield who has a passion to help people live healthier lives through exercise and nutrition. Fitness Evolution is committed to helping create a world where everyone has the opportunity to be healthy while having a successful business at the same time. Our mission is to provide affordable franchising opportunities with great support so our franchisees can have fun building their own business while making lots of money!
Franchise Opportunity
The fitness industry is incredibly competitive, and it can be tough to break in. Establishing a successful fitness center requires a lot of time, effort, and money. You need to have the right location, the perfect equipment, and a team of experts who know how to run a fitness center. Fitness Evolution offers franchises for businesses that want to establish and operate their own fitness center. With our help, you can get started with your own fitness center without all of the hassle and expense. We'll provide you with everything you need to get up and running, from the perfect location to the best-selling equipment.
Corporate Structure
Fitness Evolution Franchising, LLC is a Delaware limited liability company organized on February 27, 2012. Their principal place of business is 2144 Industrial Parkway, Silver Spring, MD 20904. They began licensing fitness centers the right to operate under the FITNESS EVOLUTION trademarks in June 2012.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Fitness Evolution business is between $161,100 and $1,633,250, which includes $26,250 that must be paid to the franchisor or an affiliate.
Employee Contact Database
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Distribution of Fitness Evolution Franchisees
Fitness Evolution Franchise System Development in 2015
FAQ
How much investment do I need to start my own Fitness Evolution business?
Franchisees typically require at least $330,250 to $1,639,500 investment to get their Fitness Evolution business started
What are the initial franchise fees for Fitness Evolution?
Franchisees typically need to pay at least $30,000 in fees directly to Fitness Evolution in order to earn the right to launch their business
How much money can I make with a Fitness Evolution franchise? What are
the average revenues for a typical Fitness Evolution business?
We haven’t done the math on how much revenue a typical
Fitness Evolution brings in each year. We estimate that other
franchisees in the Health & Fitness industry generate
$579,475 revenue, so we would expect
Fitness Evolution to generate a similar amount
How long do I need to commit to running a Fitness Evolution unit? What
is my contractual commitment?
Fitness Evolution franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$639,239 to $978,710
which is
Much Higher
than the $0 to $0 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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