XFIT franchise opportunities
The history of the international brand XFIT began in 1989 and developed rapidly: in 2005, there were five clubs, and in 2010 - 19 fitness centres in cities of millionaires. Today XFIT is more than 117 fitness clubs covering more than 65 cities, 5 countries. Currently, over 450,000 people are members of XFIT fitness clubs.
XFIT - one of the largest brands of fitness clubs. EXPERIENCE OF OUR TEAM - MORE THAN 35 YEARS IN THE MARKET. We have 3 cooperation formats: XFIT Point - a small club with automated access, and an active base of up to 500 people, XFIT Studio - a club from 200 to 800 m² with an active base of up to 1600 people, XFIT Full Format Club with a pool from 800 m² with an active base of up to 10,000 people. Our franchise is suitable for owners of premises, owners of fitness clubs, developers, investors, owners of shopping malls, developers. The partners are provided with a support system in the form of ready-made IT-system, strong brand, financial support, equipment selection, design, training of personnel, marketing, as well as connection to the eco-system XFIT.
Location selection and analysis, financial model calculation, club zoning, equipment selection and placement, IT system connection, staffing development, group program scheduling, staff training, marketing plan, advice and assistance in the selection of staff, provision of knowledge base and supplier base.
Control and assistance throughout the opening of the club and after. Support throughout the work, participation in operations, weekly meetings with fitness and sales departments.
The investments consist of:
- Franchise fee
- Sports equipment
- Major repairs and construction
- Furniture and inventory
- Other equipment
- Project document
SIZE OF area
Depends on the chosen format. Area from 110 sqm in densely populated residential area.
FRANCHISE OFFER
To start the cooperation, you need to send the application form, and within 24 hours a representative of the franchise will contact you. After the negotiations, or meeting with your consent is concluded with the company. Within 1 day after signing and payment of the Agreement, you will be contacted by the employee responsible for opening your club and will sign the stages of opening with specific terms. From the conclusion of the contract to the opening of the point takes 4-6 months.
Business model
Take the example of XFIT Point. Active number of subscriptions is 300 pcs per month. With an average price of 33,90 USD, the income is 10170 USD per month. We subtract from this the rent of ~ 2267 USD, utility payments 375 USD, cleaning 240 USD, marketing expenses 520 USD, Internet 170 USD, taxes 565-625 USD, other current expenses about 340 USD. Net profit is 5670 USD.
How much does the XFIT franchise cost?
XFIT has a franchise fees range from $90,000, with a total initial investment from $89,000.
Initial Investment: From 89000 to 2800000 USD
Payback period: From 24 months
Royalties: 5-7%
Franchise fees: from $90,000
- Location selection and analysis
- Financial model calculation
- Club zoning
- Equipment selection and placement
- IT system connection
- Staffing development
- Group program scheduling
- Staff training
- Marketing plan
- Advice and assistance in the selection of staff
- Provision of knowledge base and supplier base
Other current payments: Marketing 500 USD.
XFIT FRANCHISE ADVANTAGES
International brand, extensive network of branches, in-depth product expertise. The presence of its own training Center, the use of advanced technologies in the management of branches. Constant support of the partner at all stages of development and life.
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Starting investments from:$89,000
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Company type:Gym
- Year company was founded:1989
- Year of launching franchise:2007
- Franchised companies:120