fit20 Franchise (New Zealand)

About the brand «fit20»

fit20 is an innovating, unique franchise in the health and wellness industry. We make it possible for our members to become and stay fit doing only 1 training per week of 20 minutes. We are a preventative health service.

We have developed our own unique training method which is a combination of 'Human first and Technology forward'. We developed our own training app and sensor technology to optimise the member experience and results.

We train appointment only, always under supervision, aimed at results and in the privacy of a small size studio which is an oasis in our hectic modern life. The studio is only 80m2 which keeps rent relatively low. Low employee count, so low overhead costs, scaling possible by opening a 2nd studio and so on. The studio is cooled so our members don't sweat inspite of their intense training in slow motion fashion. Changing cloths, taking a shower afterwards is not necessary.

fit20 is scientifally proven. We conducted the largest study ever done in exercise science. The fit20 study was published by Solent University in England in 2022. Based on the training data of nearly 15,000 fit20 practitioners, the scientific evidence is there: everyone regardless of age, gender and starting level became 30 to 50% stronger as a result of the fit20 training.

Size of area

The 80m2 studio space includes a small office and waiting area, that's all you need.

FRANCHISE OFFER

One time start fee and monthly percentage royalties. It is fair to pay more as you make more, contributing to the growth of the fit20 community.

How much does the fit20 franchise cost?

fit20 has a franchise fee of $30,000, with a total initial investment of $100,000.

Initial Investment: $100,000
Payback period: within 60 months, ROI can be 32 months.
Average turnover per month: $390,000.
Royalties: 12%
Franchise fees: $30,000
Other current payments: Charged on software licenses approx. monthly 200 USD. (Google accounts, Zoho CRM account, admin module for invoicing, website, data subscription.

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BUSINESS MODEL

The franchisee determines how much they will earn as they and their team are responsible for following up the leads, converting them to member and keeping them. $390,000+ revenue is possible. As fit20 is a subscription based service model without having to keep product in inventory, the margins are high.

REQUIREMENTS TO BUY FRANCHISE

FRANCHISE ADVANTAGES

fit20 allows for a low risk, low investment to start a small business with no overhead. You add employees as membership grows. Opportunity for expand once the first studio has filled out. As the footprint is only 80m2 you can afford a high traffic location. The equipment lasts for 10 years or more, so no restyling after every few years to capitalise on the initial investment. Membership retention is higher than in a regular gym due to the personal attention and results. We change peoples lives and offer an attractive business simultaneously for our franchisees. We seek people who wish to be part of that.

ADDITIONAL INFORMATION

Our typical members are 40+ who appreciate the quality of service we offer.

Most people still believe that fitness training takes at least a few hours every week with several sessions per week. fit20 provides a science-based alternative. At fit20 you train once a week for 20 minutes with a personal trainer. Our training method is based on the latest scientific findings about effective and efficient training to improve fitness and health. You book your weekly session ahead of time to stay on track. Because you have an appointment, you don’t have to wait. There is no need to change or shower because we train at a slow and precise pace in a custom cooled studio. Most members show measurable results within a few sessions, and more importantly, they feel stronger and fitter. Your weekly appointment lasts 20 minutes.