Tapout Fitness
Health & Fitness Health & FitnessCompany Information
Address
1640 Powers Ferry Rd SE. Bldg. 19-200 Marietta, GA. 30067
Website
Tel
Not Available
Email
Franchimp Summary Rating
Higher than 74% of peers
Franchise Summary
Description
As an Area Representative, you will support our unit franchisees in the establishment and operation of a membership-based fitness, martial arts and group exercise center that provides customized physical fitness training programs, utilizing and offering proprietary systems, services and products.
Company Background
Tapout Fitness is a company that helps people achieve their fitness goals while also providing them with the tools and support needed to make the journey easier. Tapout Fitness provides proprietary systems, services and products in partnership with our Area Representatives who work closely with unit franchisees to help establish and operate membership-based fitness centers.
Franchise Opportunity
Getting a membership to a gym is expensive, and many people don't really know how to use the equipment properly. At Tapout Fitness we offer affordable training programs that are easy-to-follow and effective. Our coaches help you achieve your fitness goals by using our proprietary systems, which have been proven time and time again to be incredibly effective at getting results. We offer an affordable training program with trainers who will work with you one on one until you reach your goals. We also provide access to all of our equipment so that you can workout whenever it works for you!
Corporate Structure
TOGyms, LLC d/b/a TAPOUT FITNESS was incorporated in Delaware on March 21, 2014 to offer TAPOUT FITNESS franchises. Their principal business address is 1640 Powers Ferry Rd SE. Bldg. 19-200 Marietta, GA. 30067.
Investment and Franchisee Fees
The total estimated investment necessary to begin operation of a Tapout Fitness® franchise is between $139,650 and $695,614, depending on the facility size. This includes between $16,000 and $59,000 that must be paid to the franchisor or its affiliate(s). The total investment necessary to begin operation of a Tapout Fitness® Multi-Unit business is between $157,650 and $921,114. This includes between $86,000 and $259,000 that must be paid to the franchisor or its affiliate(s).
Royalties and Marketing Fees
Royalties : 6.0% of revenue
Tapout Fitness Franchise System Development in 2016
FAQ
How much investment do I need to start my own Tapout Fitness business?
Franchisees typically require at least $93,800 to $566,500 investment to get their Tapout Fitness business started
What are the initial franchise fees for Tapout Fitness?
Franchisees typically need to pay at least $15,000 in fees directly to Tapout Fitness in order to earn the right to launch their business
How much money can I make with a Tapout Fitness franchise? What are
the average revenues for a typical Tapout Fitness business?
We haven’t done the math on how much revenue a typical
Tapout Fitness brings in each year. We estimate that other
franchisees in the Health & Fitness industry generate
$544,621 revenue, so we would expect
Tapout Fitness to generate a similar amount
How long do I need to commit to running a Tapout Fitness unit? What
is my contractual commitment?
Tapout Fitness franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$175,790 to $838,750
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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