Franchimp Summary Rating
Higher than 72% of peers
Franchise Summary
Description
The franchise offered is for an indoor facility offering strength, cardiovascular endurance and core training classes including boot camp classes, individual training, specialized athletic training and specialized programs for children under the name “Soldierfit” using basic training techniques from the United States Military with functional fitness training.
Company Background
Soldierfit is a fitness facility which offers strength, cardiovascular endurance and core training classes in an indoor environment. The franchise opportunity offered by Soldierfit is perfect for the entrepreneur looking to start their own business with minimal risk.
Franchise Opportunity
We all know that keeping fit and healthy is important, but it's hard to find the time to go to the gym. Soldierfit has been designed for military personnel in mind, so it will be a great way for you to stay fit while still being able to keep up with your busy schedule. Our classes are 30 minutes long and focus on strength training, core work and cardiovascular endurance. If you're not sure how often or when you should attend our class then take advantage of our free session which allows you try out one of our classes before committing yourself.
Corporate Structure
Soldierfit Franchise, LLC is a Maryland limited liability company formed on January 3, 2014. Their principal business address is 10097 Tyler Place, Unit 3, Ijamsville, Maryland 21754. They began offering franchises in March 2014.
Investment and Franchisee Fees
The total investment necessary to begin operation of a start-up Soldierfit franchise is $144,950 to $305,495. This includes $30,600 that must be paid to the franchisor and/or its affiliate. The total investment necessary to being operation of a conversion Soldierfit franchise is $103,450 to $210,795. This includes $30,600 that must be paid to the franchisor and/or its affiliate.
Employee Contact Database
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Distribution of Soldierfit Franchisees
Soldierfit Franchise System Development in 2017
FAQ
How much investment do I need to start my own Soldierfit business?
Franchisees typically require at least $167,175 to $338,467 investment to get their Soldierfit business started
What are the initial franchise fees for Soldierfit?
Franchisees typically need to pay at least $30,000 in fees directly to Soldierfit in order to earn the right to launch their business
How much money can I make with a Soldierfit franchise? What are
the average revenues for a typical Soldierfit business?
We haven’t done the math on how much revenue a typical
Soldierfit brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
Soldierfit to generate a similar amount
How long do I need to commit to running a Soldierfit unit? What
is my contractual commitment?
Soldierfit franchisees are typically required to sign up to a
5 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
$348,559 to $579,134
which is
Much Higher
than the $0 to $0 average in the Child-Related 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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