- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$142K - $344K
- Units as of 2017
-
3 50.0% over 3 years
Company Overview
About 4U Fitness
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Fitness |
| Founded | 2012 |
| Parent Company | 4U Studios |
| Leadership | Daniel Nyiri, CEO |
| Corporate Address |
4036 W. Kennedy Blvd. Tampa, FL 33609 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2016 (8 years) |
|---|---|
| # of employees at HQ | 6 |
| Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
| # of Units | 3 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a 4U Fitness franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$39,500 |
|---|---|
|
Initial Investment
|
$142,000 - $343,500 |
|
Net Worth Requirement
|
$100,000 - $250,000 |
|
Cash Requirement
|
$50,000 - $100,000 |
|
Veteran Incentives
|
5% off franchise fee |
|
Royalty Fee
|
7% |
|
Ad Royalty Fee
|
1% |
| Is franchise term renewable? | No |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | 4U Fitness offers in-house financing to cover the following: equipment, inventory |
|---|---|
| Third Party Financing | 4U Fitness has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 5 days |
|---|---|
| Classroom Training | 5 days |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Lease Negotiation
Field Operations
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2-5 |
|
Are exclusive territories available?
|
Yes |
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