What is the estimated cost range for the operational equipment and supplies package for a Fitstop franchise?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
IAL INVESTMENT**
| YOUR ESTIMATED INITIAL INVESTMENT | ||||
|---|---|---|---|---|
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
| Initial Franchise Fee1 | $50,000 | Lump sum | Upon execution | Us |
| Initial Marketing Spend2 | $10,000 | Lump sum | Prior to opening | Approved Supplie |
Source: Item 7 — TEM 7: ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the estimated initial investment for the operational equipment and supplies package ranges from $70,000 to $100,000. This package is designed to cover the initial equipment, supplies, and inventory necessary to outfit the premises. These items are required for authorized instructors to provide approved services. The costs are paid as a lump sum prior to opening to approved suppliers.
The FDD notes that the exact components of the package will be detailed in Fitstop's manuals or in writing. The cost of the package may vary based on the location, design, layout, and size of the franchisee's business, as well as any upgrades or variances requested and approved by Fitstop.
Prospective franchisees should carefully review the list of required items and approved suppliers to understand what is included in the operational equipment and supplies package. It would be prudent to inquire about the specific factors that could cause the cost to fluctuate within the stated range. Understanding these variables will allow a franchisee to plan their initial investment more accurately.