Club 50 Fitness


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Club 50 Fitness

  1. 1. Club 50 Fitness provides Franchisees with two primary revenue streams
  2. 2. <ul><li>Recurring Fitness Membership Revenue </li></ul>1
  3. 3. <ul><li>Recurring Nutritional Program and Product Revenue </li></ul>2
  4. 4. Legal Documents <ul><li>Uniform Franchise Offering Circular </li></ul><ul><ul><li>List of State Administrators </li></ul></ul><ul><ul><li>List of State Agents for Service of Process </li></ul></ul><ul><ul><li>Franchise Agreement </li></ul></ul><ul><ul><li>Table of Contents of Operations Manual </li></ul></ul><ul><ul><li>Financial Statements </li></ul></ul><ul><ul><li>List of Terminated Franchisees </li></ul></ul><ul><ul><li>Franchisee Disclosure Questionnaire </li></ul></ul><ul><ul><li>Multi-State Addenda </li></ul></ul>
  5. 5. Uniform Franchise Offering Circular <ul><li>The Offering Circular is a legal document The Offering Circular provides background information from over 20 different categories. </li></ul><ul><li>The Offering Circular is also known as Disclosure Document. In the future this document will be referred to as the (UFOC). </li></ul>
  6. 6. Exhibit A <ul><ul><ul><ul><li>List of State Administrators </li></ul></ul></ul></ul><ul><ul><ul><ul><li>This is a list of State administrators responsible for registration and review of franchises. We may register in one or more of these States. </li></ul></ul></ul></ul>
  7. 7. Exhibit B <ul><ul><ul><ul><li>List of State Agents for Service of Process </li></ul></ul></ul></ul><ul><ul><ul><ul><li>This is a list of State agencies that are designated as our agent for service of process in accordance with the applicable State laws. We may register in one or more of these States. </li></ul></ul></ul></ul>
  8. 8. Exhibit C <ul><ul><ul><li>Franchise Agreement Part 1 </li></ul></ul></ul><ul><ul><ul><ul><li>This is a legal contract and reflects the franchise program. There are a number of components in the agreement starting with an outline of the concept and the business being awarded to the franchisee, the terms, fees, the rights being granted including the license to use the trade mark, logo and other proprietary rights. </li></ul></ul></ul></ul>
  9. 9. Exhibit C <ul><ul><li>Franchise Agreement Part 2 </li></ul></ul><ul><ul><li>The second part covers the responsibilities of the franchisor and next the obligations of the franchisee. As the franchisor is risking its name and reputation on the performance of each operator a large portion of the agreement covers a whole range of what if's. Usually the agreement is non-negotiable except for items such as location or a unique situation pertaining to a specific market. </li></ul></ul>
  10. 10. Exhibit D <ul><li>Operations Manual Table of Contents </li></ul><ul><li>This is the table of contents of the Operations Manual which covers all of the aspects of the business and consists of guidelines for the Franchisee on how to operate the franchised business. </li></ul>
  11. 11. Exhibit E <ul><ul><ul><ul><li>Financial Statements </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Two years of audited financial records as well as quarterly updates. </li></ul></ul></ul></ul>
  12. 12. Exhibit F <ul><ul><ul><ul><li>List of Terminated Franchisees </li></ul></ul></ul></ul><ul><ul><ul><ul><li>This is a list of franchises who have had an outlet terminated, cancelled, not renewed or otherwise voluntarily or involuntarily ceased to do business under a Franchise Agreement during the most recently completed fiscal year or who have not communicated with us within 10 weeks of the application date. </li></ul></ul></ul></ul>
  13. 13. Exhibit G <ul><ul><ul><ul><li>Franchise Disclosure Questionnaire </li></ul></ul></ul></ul><ul><ul><ul><ul><li>The purpose of the questionnaire is to determine whether any statements or promises were made to you that we did not authorize and that may be untrue, inaccurate or misleading. </li></ul></ul></ul></ul>
  14. 14. Exhibit H <ul><ul><ul><ul><li>Multi-State Addenda </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Certain States will require an addendum to the UFOC that will only modify the document in that specific State. You will receive the addendum for each and every required State. </li></ul></ul></ul></ul>
  15. 15. Franchise Video News Story <ul><li>Franchise Video </li></ul><ul><li>ABC News Story </li></ul>
  16. 16. How Much? <ul><li>$24,900 </li></ul>
  17. 17. What’s Included ? <ul><li>Club 50 Equipment Package </li></ul><ul><li>Club 50 Starter Kit </li></ul><ul><li>Club 50 Marketing Package </li></ul><ul><li>Club 50 Site Selection Assistance </li></ul><ul><li>Club 50 Financing Assistance </li></ul><ul><li>Club 50 Training & Support </li></ul>
  18. 18. Equipment Package <ul><li>8 individual pieces of HRT equipment </li></ul>
  19. 19. Equipment
  20. 20. HRT Equipment Specs and Warranty <ul><ul><ul><ul><li>Handout of specs and warranty </li></ul></ul></ul></ul>
  21. 21. Equipment Package <ul><li>8 individual pieces of HRT equipment </li></ul><ul><li>8 jogging squares </li></ul><ul><li>APS Software System </li></ul><ul><li>Bar Code Scanner </li></ul><ul><li>Credit Card Terminal </li></ul><ul><li>Credit Card Swiper </li></ul><ul><li>Custom CD (Music & Cue) </li></ul><ul><li>4 Wall Charts </li></ul><ul><li>3 Club 50 Stencils </li></ul><ul><li>Body Fat Analyzer </li></ul><ul><li>Commercial Scale (390lb limit) </li></ul><ul><li>2 Sets of Body Fat and Muscle Examples </li></ul><ul><li>Logo Clock </li></ul><ul><li>Club 50 Banner </li></ul>
  22. 22. Starter Kit <ul><li>First Aide Kit </li></ul><ul><li>CPR Mouth Cover </li></ul><ul><li>3 in 1 oil </li></ul><ul><li>Scissors </li></ul><ul><li>Pens </li></ul><ul><li>Paperclips </li></ul><ul><li>Tape Dispenser </li></ul><ul><li>Tape </li></ul><ul><li>Whiteout </li></ul><ul><li>File folders </li></ul><ul><li>Process Shelves </li></ul><ul><li>Magnetic File Pocket </li></ul><ul><li>Calculator </li></ul><ul><li>Highlighters </li></ul><ul><li>Clipboards </li></ul><ul><li>Notepads </li></ul><ul><li>Appointment Book </li></ul><ul><li>Message Pads </li></ul><ul><li>Stapler </li></ul><ul><li>Staples </li></ul><ul><li>Staple Remover </li></ul><ul><li>Letter Opener </li></ul><ul><li>Ruler </li></ul><ul><li>Business Cards </li></ul><ul><li>Cash Box </li></ul><ul><li>Default Setting Tags </li></ul><ul><li>Default Setting Tags </li></ul><ul><li>Hiring Now Sign </li></ul><ul><li>Post-its </li></ul><ul><li>Rack Cards </li></ul><ul><li>Guest Pass </li></ul><ul><li>Travel Pass </li></ul><ul><li>Rubber Stamp </li></ul><ul><li>Owners Plaque </li></ul>
  23. 23. Marketing Package <ul><li>Musical Image </li></ul><ul><li>Television Ads </li></ul><ul><li>Radio Ads </li></ul><ul><li>Print Materials </li></ul><ul><li>Public Relations </li></ul><ul><li>Promotional Items </li></ul>
  24. 24. Musical Image
  25. 25. Television Ads 60 Second Commercial 30 Second Commercial
  26. 26. Radio Ads
  27. 27. Print Materials
  28. 28. Public Relations
  29. 29. Promotional Items
  30. 30. Professional Site Selection <ul><li>Mark Camara, American Property Exchange ------ </li></ul><ul><li>Club 50 Fitness </li></ul><ul><li>Real Estate Consultant </li></ul>
  31. 31. Financing Assistance <ul><li>Mike Quigley has over seven years experience securing funding for fitness center franchises. </li></ul><ul><li>Funding up to 100% of the $24,900 franchise fee. </li></ul><ul><li>In some cases, 150% funding, which covers buildout/tenant improvements. </li></ul>
  32. 32. Financing Assistance <ul><li>Mike will help you prepare a complete business plan which will allow you to accurately predict your cash requirements, and provide you with a plan to present to lending institutions. </li></ul><ul><li>This type of funding allows you to: </li></ul><ul><ul><ul><li>Conserve liquidity for start-up expenses. </li></ul></ul></ul><ul><ul><ul><li>Treat these costs as monthly tax deductible expenses rather than capital investment. </li></ul></ul></ul>
  33. 33. Training & Support <ul><li>Operations manual </li></ul><ul><li>Professional site selection assistance </li></ul><ul><li>5 days intensive Club 50 training </li></ul><ul><li>1 or 2 days on-site installation </li></ul><ul><li>Full online and email support </li></ul><ul><li>Toll-free telephone support </li></ul><ul><li>Web based employee testing </li></ul>
  34. 34. Operations Manual
  35. 35. 5 Day Training & 1 to 2 Day On-Site Installation
  36. 36. Full On-line & Email Support
  37. 37. Toll-Free Support 1-877-2CLUB50 Sandy Heim Franchisee Support Director & Nutrition Director <ul><li>Previous Successful Club Owner (Ladies Only Circuit) </li></ul><ul><li>Nutritionist for over 15 years </li></ul>
  38. 38. Web based employee testing
  39. 39. Club 50 Fitness <ul><li>Club 50 Equipment Package </li></ul><ul><li>Club 50 Starter Kit </li></ul><ul><li>Club 50 Marketing Package </li></ul><ul><li>Club 50 Training & Support </li></ul><ul><li>Exciting Business Opportunity </li></ul><ul><li>Fastest Growing Demographic </li></ul><ul><li>In Business for Yourself </li></ul><ul><li>But Not by Yourself ! </li></ul>
  40. 40. Questions & Next Steps
  41. 41. Moving Forward <ul><li>10 day waiting period </li></ul><ul><li>Franchise Award </li></ul><ul><li>Execute Franchise Agreement / Initial payment </li></ul><ul><li>(your territory becomes sold and reserved at this point) </li></ul><ul><li>Site selection </li></ul><ul><li>Site approval </li></ul><ul><li>Lease negotiations </li></ul><ul><li>Schedule Training and Opening Date </li></ul><ul><li>Begin build-out of location </li></ul><ul><li>Attend training </li></ul><ul><li>Plan Grand Opening </li></ul><ul><li>(Start ad campaign 3-4 weeks prior to opening) </li></ul><ul><li>Final payment / Schedule delivery of equipment </li></ul><ul><li>Grand Opening </li></ul><ul><li>Initial on-site visit by C50 staff </li></ul><ul><li>Build your business </li></ul>