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Wednesday
May262010

HIT Center, The Franchise

Athletic development, weight loss, fitness center

Start-up Costs & Franchises Fees

What is the total cost to open a HIT Center, The Franchises?

Total Cost: $500,000 USD
Total Franchise Fees: $40,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years

Contact Information for HIT Center, The

HIT Center, The
6089 Frantz Rd., #102
Dublin, OH
43017

Phone Number: (866)305-5702
Toll Free: (866)305-5702
Fax Number: (614)793-2107

Franchise Homepage:

HIT Center, The In the Press

No results at this time.

Historical Expansion

In what year did HIT Center, The begin operations? 2000
When did HIT Center, The begin selling franchises? 2003

Year United States Canada International Corporate
2006 7 0 0 0
2005 5 0 0 0
2004 3 0 0 0
2003 2 0 0 0

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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