If fitness is your passion and you are truly in a state of wanting to earn out of it, then opening a GymGuyz franchise is one of the choices you might plan to settle for.
1. Company Profile
Gymguyz, a mobile fitness training business adored by many people these days was brought into life by Josh York in 2008 and just before 4 years that is in 2013, the company took the decision of adopting franchising model in order to expand its reach.
The company operates at about 32 locations across 14 states presently. It targets various fitness solutions to help people get their bodies in great shape at the comfort of their own homes.
2. Financial Requirement
Here are the complete financial figures aspiring individuals are required to have a hold on in order to buy a Gymguyz franchise:
- Initial investment required = $72,725 – $102,450
- Net worth + Liquid Cash = $50,000 + $35000 = $85000
- Royalty Fee = 6%
- Ad Royalty Fee = 2%