Atlas Fitness
24-hour fitness centers- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$184K - $708K
- Units as of 2018
-
1 0.0% over 3 years
Company Overview
About Atlas Fitness
- Industry
- Personal-Care Businesses
- Related Categories
- Fitness
- Founded
- 2010
- Leadership
- Christopher Cupi, Founder and CEO
- Corporate Address
-
7620 N. University St.
Peoria, IL 61614
Business Overview
- Franchising Since
- 2018(5 years)
- # of employees at HQ
- 7
- Where seeking
-
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
- # of Units
- 1(as of 2018)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Atlas Fitness franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $24,500
- Initial Investment
- $184,200 - $707,500
- Royalty Fee
- 6%
- Ad Royalty Fee
- 1.5%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Atlas Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 26 hours
- Classroom Training
- 1 hour
- Ongoing Support
-
Meetings & ConventionsGrand OpeningSecurity & Safety Procedures
- Marketing Support
-
Ad TemplatesNational MediaRegional Advertising
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 5-10
- Are exclusive territories available?
- Yes
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