9 ROUND FITNESS & KICKBOXING Franchise Fee, Revenue, And Profit Margin
9 Round Fitness is a specialized fitness and gym center that is dedicated to serving fitness enthusiasts who seek a unique, fun and well proven workout techniques that is guaranteed to deliver good results.
The company offers traditional kickboxing and boxing fitness training programs that combine functional, cardiovascular, interval and circuit training regimens.
The programs at 9Round Fitness are designed around a trademark system of 9 challenging workout plans invented by a professional fighter. The essence of these programs is to help the patron keep fit and for the uniqueness of the program design at 9Round Fitness, a lot of fitness enthusiasts prefer to run their workout programs at their center and this is the sole reason why so many business entrepreneurs want to know how much is a 9Round Fitness franchise.
FRANCHISE INFORMATION ABOUT THE COMPANY
The company was established in the year 2007 by professional kick boxer Hudson Shannon. In the year 2011, he won the IKF Light Middleweight World title. 9Round Fitness uses kickboxing and boxing training techniques, which is rounded off in a 30-minute training format.
DOES 9ROUND FITNESS SELL FRANCHISE?
Judging by the rate at which 9Round Fitness is being patronised by fitness enthusiast around the country. And considering the number of locations they have across the country, one would want to know if 9Round Fitness sells franchise. Yes they do, and you will be making a great decision buying into their franchise opportunity.
9ROUND FITNESS FRANCHISE INFORMATION
The company began selling franchises in the year 2009, just 2 years after it opened its first location and since then, the company has grown into a franchise with about 600 locations spread across the United States.
The 9Round Fitness Franchise Opportunity is making headways in the fitness industry and is dedicated to keep the franchise model so simple with a low cost of entry.
The goal of the company is to give franchisees the opportunity to experience the dream of owning a business that works and that has a proven model with a well designed plan of action.
At 9Round Fitness, you are guaranteed to work with a network of dedicated support staff and so many other franchisees that have already tested the water and can testify to the efficacy of the business model.
HOW MUCH IS A 9ROUND FITNESS FRANCHISE?
In order for you to successfully open a 9Round Fitness franchise, you will need to have the financial capacity to do so. The Cost of opening a 9Round Fitness franchise will include the initial investment requirements and the initial 9Round Fitness franchise fee.
The investment requirement of opening a franchise will be in the tune of $55,000 to $100,000. You are also expected to have a net-worth requirement of about $100,000 and then a liquid cash requirement of $25,000 to $100,000.
The initial 9Round Fitness franchise fee is $24,000 and you will also be expected to make an on-going royalty fee of $449/month and then an Ad Royalty fee of $75/month. Veterans are also liable to get a 15% rebate off the initial franchise fee.
HOW MANY WAYS CAN I MAKE MONEY WITH 9ROUND FITNESS
Just as the name of the company implies, you will be making money at your 9Round Fitness Franchise unit in 9 different ways. And your chances of making good revenue at your location is increased a 9Round Fitness will give a 5-mile territorial influence. No other franchise unit will be put in a close proximity with your unit.
OTHER REQUIREMENTS NEEDED TO ESTABLISH A 9ROUND FRANCHISE
Do you need to have a previous experience in Kickboxing to start a 9Round Fitness franchise? The answer is NO. Although you will be required to be a fitness minded individual with the zeal and passion to work with people. If you enjoy this, then you are all set to achieve success in this franchise.
DOES 9ROUND FITNESS OFFER ANY FORM OF TRAINING
Yes, you will be subjected to intensive 5-day training once you have been approved to open your 9Round Fitness Franchise unit. The training will be held at the company’s facility in Greenville SC.
At this facility, you will be taught how to kick and box and not only that; you will be exposed to the business model of the company that will assist you in achieving success at your own unit.
WHAT IS 9ROUND FITNESS TERMS OF AGREEMENT
The initial period at which you will hold the licence for your franchise is 10 years. After which renewal can be made for another 10-year term if you are able to meet up with the company’s terms.
ANY LOCATION SIZE REQUIREMENT?
Yes, you will be required to have a location size of about 1200-1500 square ft of space.
DOES THE COMPANY OFFER ANY FORM OF FINANCING?
You are not going to get any form of finance for your 9Round Fitness franchise. What the company does is to assist you with linkages with 3rd party financial institutions that will offer you financing to cover their following: startup costs, franchise fee, equipment, accounts, inventory and payroll.
We hope the information in this article has answered your question on how much it costs to open a 9Round Fitness Franchise. you can get additional information by talking with the company’s franchise management team.