Fitness Machine Technicians

Fitness Machine Technicians, specialists in the maintenance and repair of exercise equipment for gyms, corporations, hotels, and private residences - basically everywhere fitness equipment is used - announces franchise opportunities for entrepreneurs with an interest in fitness and looking to run a service-based business based on a proven operating model.

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Fitness Machine Technicians

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Fitness Machine Technicians Franchise Cost and Requirements for 2022

Background

What is Fitness Machine Technicians?
Fitness Machine Technicians ? " a business to business national franchise opportunity with potential for residual income through recurring service-based contracts. Qualified candidates will be able to review our Financial performance representation and our FDD. If you have expertise in sales and business development, you? ™re our candidate.

Our clients include a wide variety of customers:

  • Corporate
  • Colleges/Universities
  • Hotels
  • Apartments/Condominiums
  • Health Clubs
  • Public Services
  • Government Services
  • Property Management Companies
  • Residential


In an industry dominated by mom and pop operators, this is your opportunity to be involved in our proven Fitness Machine Technicians model in a nationwide franchise system.

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.

Company Details

Established: 2002
First Unit Franchised: 2012
Franchised Units: 47 Franchisees, 106 Open
Company Owned Units: 1

FMT now has two territory options:  1) The initial franchise fee includes a territory encompassing an area within one county or series of contiguous counties with a combined population of up approximately 1,000,000 people for a large territory (a "Large Territory") and 2) fewer than 800,000 for a mid-size territory (a "mid-size territory"), based on the most recent U.S. Census data (a "Territory"). The Large Territory initial franchise fee is equal to $45,000. The mid-size territory initial franchise fee is equal to $40,000. If you purchase two or more territories simultaneously (a "Multi-Territory Addendum"), the initial franchise fee for the second Territory is $25,000, for a Large Territory and $22,500 for a mid-size territory and the initial franchise fee for a third and subsequent Large Territories is $15,000 each. We do not currently offer for sale more than two medium territories to any one franchisee. 

Deferred Franchise Fee:  IL, MN, CA, MD, and VA - we usually open within 6-8 weeks of signing an agreement so referral payment isn't deferred for long as compared to a retail deferment.  

Canada:  Now available in six provinces:   British Columbia, Manitoba, New Brunswick, Ontario and Prince Edward Island

Currently NOT offering franchises:  MT, WY, AK, HI, ND, SD, WY, Guam, Puerto Rico, 


Support and Training Offered By Fitness Machine Technicians

Financial Assistance Provided: 3rd Party
Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Recruiting Assistance: Yes
Co-Operative Advertising: No

Training: Training is 20 hours of Virtual Training for the owner and one - two days of live training in PA. Most of the technical training will be in PA up to 80 hours for technicians, and this is optional for Zees.

• 1-2 days at Malvern ideally tied to optional OJT for techs.  The 80 hour of technician training is optional for Owners/Zees; however, 1-2 days is advised to provide a good feel for the services provided.  
• A formula for creating Winning PM (preventive maintenance) bids.  We review all bids for the first year as a training and coaching tool.  
*  Real-time technician field support provided by Zor for techs in the field to supplement OEM support.  

2022 Franchise Requirements Needed to Own a Fitness Machine Technicians Franchise.

What does a Fitness Machine Technicians Franchise Cost?

Fitness Machine Technicians franchise fees for 2022:


Total Investment: $71,450 - $118,490

Minimum Net Worth: $300,000;  Liquid:  $75,000

Franchise Fee: $40,000 for a Medium Territory and $45,000 for the Large Executive sized territory

Royalties are a percentage  of Gross Sales: 
   6% of the first $499,999 of Gross Sales each calendar year; 
   5% of Gross Sales in excess of $500,000 each calendar year. 

National Ad Fund or Brand Fund: 1%

Local Marketing:  $1,000/month


Average Number of Employees: 2 - 4; One Technician can service ~ $150,000 - $200,000 in Gross Revenue


Item 19: Yes; P & L for Corporate Unit and our 1st Zee that runs his franchise differently then we recommend (heavy B2C versus B2B).  I walk candidates through this during the unit economic review 

SBA Approved: Yes

Passive Ownership: Yes, but to the higher end of the range for hourly requirements for the owner (15-20 hrs a week)

Home Based: Yes

B2B: Yes

Master Franchise Opportunities: No
Veteran Discount:  Yes - 10%

Is Fitness Machine Technicians a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Fitness Machine Technicians is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Fitness Machine Technicians a Home Based franchise?

Yes. Fitness Machine Technicians is a home based franchise opportunity.

What Do Fitness Machine Technicians Franchise Owners Make?

Click here to find out how much Fitness Machine Technicians franchisees make. Fitness Machine Technicians offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Fitness Machine Technicians a Master Franchise Opportunity?

No. Fitness Machine Technicians is not a master franchise opportunity.

Does Fitness Machine Technicians Offer a Veteran Discount?

Yes. Fitness Machine Technicians franchise does offer a veteran discount.

Does Fitness Machine Technicians Work with E2 Visa and EB-5 Visa Candidates?

No. Fitness Machine Technicians franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Fitness Machine Technicians Looking for Franchisees in Canada?

Yes. Fitness Machine Technicians franchise is looking for Canada franchisees.

Is Fitness Machine Technicians Looking for International franchisees?

No. Fitness Machine Technicians franchise is not looking for International franchisees.

Additional Information

Additional Categories

Fitness, Maintenance, Repair & Restoration, Home Services

Number of Units Open

50-100 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

No

Fitness Machine Technicians Franchises for Sale

Click Here to inquire about existing Fitness Machine Technicians franchises for sale. We may have Fitness Machine Technicians franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.