Fitness Machine Technicians Franchise
To buy a franchise with Fitness Machine Technicians, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $150,000. Fitness Machine Technicians charges a franchise fee of $40,000.
Franchisor Details
Total Units: 42
Year Founded: 2002
Franchising Since: 2012
Home Office: Malvern, Pennsylvania
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $50,000
Net Worth Required: $150,000
Total Investment: $71,450 – $118,490
Franchise Fee: $40,000
Royalty Type: 6% up to $499,000 in Gross revenue, and then 5% above $500,000
Vetern Discount: No
*Fitness Machine Technicians is currently accepting inquiries from the following locations: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin
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.
Industry Performance
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.
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.
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.
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 $71,450 to $118,490, 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
Fitness Machine Technicians is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Fitness Machine Technicians is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.