FranNet Verified Brand
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|Liquid Capital Required:||$100,000|
|Net Worth Required:||$250,000|
|Total Investment:||$67,850 - $109,890|
|Royalty Type:||6% up to $499,000 in Gross revenue, and then 5% above $500,000|
|Financing:||Via 3rd party|
|Incorporated Name:||Proexco, LLC|
|Home Office:||Malvern, Pennsylvania|
About Fitness Machine Technicians
Fitness Machine Technicians is a business to business national franchise opportunity that specializes in the maintenance and repair of equipment for commercial and home exercise facilities. With potential for residual income through recurring service-based contracts, our franchised owners can be owner manager or investment managers with a general manager to oversee day-to-day operations including field techs and office staff. At Fitness Machine Technicians, we pride ourselves on offering aspiring business owners the opportunity to build their franchise quickly and efficiently so they can thrive in their new career path. We are also committed to providing the best customer service around, making sure all our customers are satisfied with the work we do.
Values & History
Our President and CEO has been in the fitness industry since 1984. He first owned and operated five exercise equipment retail stores that served both commercial and residential clients. Built on his experience and expertise, Fitness Machine Technicians is committed to delivering the most reliable service/repair and preventive maintenance services. From initial diagnosis to completed repair, our turn-around time is second to none. With experience, knowledge, and responsibility as the cornerstones of our business, our customers and franchisees can both depend on having their needs met.
Machinery maintenance and repair represents a $39 billion industry in the U.S. and we are proud to be a part of it. For two years in a row Fitness Machine Technicians was recognized by Franchise Dictionary Magazine as one of their TOP 100 Game Changers (2018 and 2019), and we were featured in the December 2018 issue as a business that is raising the bar on service. And we provide a lot of service! Industries that we support include health clubs, hotels and condos, education, corporate, and residential. All of these have fitness machines that sometimes break and need repair, and we are there to handle it quickly and efficiently so that businesses and schools keep their guests and students happy and private residents can keep their exercise routines going strong.
Purchasing a Fitness Machine Technicians Franchise
As a service based franchise, we don't have many of the expenses that burden the brick and mortar franchise owners. The benefits of this include being able to: work from a home-based office; lease or buy your technicians' field vehicles; and avoid the cost of large storage spaces as inventory is on demand direct from suppliers. For this reason, Fitness Machine Technicians is a relatively low-cost investment.To open your own Fitness Machine Technicians franchise you will need to make an initial investment ranging from $68,350 to $108,890, including the initial franchise fee of $40,000. Our royalty fees include:
- 6% of the first $499,999 of gross sales each calendar year
- 5% of gross sales above $500,000
- Brand development fee up to 2% of gross revenues
Ideal Candidate & Qualifications
If you have expertise in sales and business development, you're our candidate. Our simple, turn-key business model makes the business easy to run and sell to a wide range of clients, both residential and commercial.Our ideal candidate:
- Has strong networking skills
- Is familiar with the residential and commercial make-up of his or her community
- Has a passion for owning a business that they can easily scale.
Training & Support
Fitness Machine Technicians provides all new franchisees with an initial training of 40 hours to teach you everything you need to know to get your business up and running. We also provide ongoing support via phone, webinars, and video conferencing on a variety of topics and as needed. In addition, we provide technical training for technicians to ensure that they possess all of the skills and knowledge needed in order to tackle any repair project your customers require.