Athletic Nation Franchise Review
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Share: Athletic Nation Franchise Review
Athletic Nation Franchise Review
Athletic Nation is a chain of franchised personal training gyms. It was founded in 2001, by Dennis Mulgannon. It started with the first location in 2006 in San Jose, California. Currently Athletic Nation is spread across the United States.
Its first franchised location was opened by Travis Ortmayer in 2006 in Houston, Texas. The gyms are naturally situated at the ground floor in a medical office building and are in 11001800 sq feet space with multi-use machines, free weights, and a cardio room.
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Share: Athletic Nation is partly owned by a group of NFL stars lead by Lorenzo Neal (16 year NFL) and Mike Karney (All Pro New Orleans Saints fullback). This association with Players in Action, LLC and their faction of professional athletes will give endorsement services for Athletic Nation gyms and their brand.
Athletic Nation is recruiting and awarding franchises to persons with a zeal for a high Return on Investment (ROI) business model who have the business insight to grow and develop its brand all throughout the US. It is not required to leave their current occupation in order to own its franchise and in addition to this it is not necessary for a franchisee to have a gym fitness background. They help recruit, train and certify franchisee's staff.
Athletic Nation Gym franchise has a winning business formula. Low starting investment, low monthly overhead and high margin franchise business opportunity is the offer. All you need to have is an entrepreneurial spirit. Every possible advantage is given to the franchisees by the company in order to ensure their success. For quicker profitability and rapid development of a newly opened gym, the company has developed a turnkey business plan. Its support system includes:
Securing Best Gym Location Assistance is given by the company
Full Guidance is given in order to Set Up The Gym
Eight Days Comprehensive Training Program is provided by the company
Franchisees are also given onsite Training by the franchisor
Operational Assistance is provided to gym owners
Technical Assistance is available for franchisees
Sales Training Membership
Franchisees are provided with an effectual marketing program
Discounted Supplies and Equipments
Software Management Tools and effectual Support
Affordable franchise opportunity, equipment leasing program and financing assistance through a third party is offered by the Athletic Nation to its franchisees. A wide range of business options are also offered across the country. Interested persons can choose the business model that is suitable to them, their lifestyle and their goals.
Franchise Cost:
Single Gym Owner: This option is for the people who don't want loads of management or staff in their business and prefers to manage the gym or employ a manager. Investment needed to grab this opportunity is between "$45,000 - $60,000".
Multi-Gym Owner: This option is for the people who are interested in owning and managing a small chain of Athletic Nation gyms and leveraging their assets in a specific geographic market. The cash investment required for multiple gym ownership is as follows:
For First Gym $45,000 - $60,000
For Second Gym $35,000 - $50,000
For Third and all subsequent Gyms $25,000 - $40,000
Agreement Length 15 years
Franchise Fee $10000
Royalty Fee 8.5%
NOTE: Franchise opportunity is only available in the Unites States.
When looking to start any business it is important, particularly considering today's market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and "ROI" (Return on Investment).
Most people are not aware that 80% of ALL franchise endeavors fail in the first two to five years leaving large debts looming for years thereafter.
One way and in my opinion the best way to cut overhead, startup and investment cost is to take advantage of the new age of entrepreneurship and start a business from the comfort of your home. Opportunities have emerged in the online market that are creating millionaires every single day. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: http://whatsbetterthanafranchise.com .
http://www.articlesbase.com/franchise-articles/athletic-nation-franchise-review-4397125.html
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