Total investment:
$ 56,072
Franchise fee:
$ 40,000
Royalty fee:
6%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 2008
Franchise since: 2015
Company owned units:
Franchise owned units: 194
Total number of units:
Number of employees per unit: 1-2
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEGYMGUYZ are a franchise company whose main focus is on one-on-one fitness, group sessions, and corporate fitness. The company was established in 2008 by Josh York. Their vans are stocked with state of the art equipment that trainers bring to clients to provide excellent workout sessions. As of 2018, GYMGUYZ operates 188 franchises in the United States and 6 ones outside the country.
On-The-Job Training: 16 hours
Classroom Training: 38 hours
Additional Training: Ongoing
Net-worth Requirement: $100,000
Liquid Cash Requirement: $35,000 Ad Royalty Fee: 2%