What Are My Startup Costs?
The Camp Transformation Center is one of the more affordable gym franchises in the industry
While many fitness concepts can cost well over $500,000 to get started, The Camp has kept its costs lower than most in large part to a smaller equipment package and a more affordable real estate plan. This lower investment has helped entrepreneurs across the country not only open up their first gym franchise but also scale their business to multiple locations. The total investment to open a Camp Transformation Center is between $181,000 and $326,500.
Here’s our FDD Item 7 which details the specific startup costs of our franchise offering:
|AMOUNT||METHOD OF PAYMENT||WHEN DUE||TO WHOM PAYMENT IS MADE|
|Initial Franchise Fee||$40,000||$40,000||Lump Sum||In Full Prior to Opening Center||Us|
|Training Travel and Living Expenses||$2,000||$10,000||As Incurred||During Training||Airlines, Hotels, Centers|
|Lease Deposit||$7,000||$15,000||As Negotiated||Signing of Lease||Lessor|
|Construction Costs||$18,000||$40,000||As Negotiated||Prior to Opening Center||Suppliers and Contractors|
|Furniture, Fixtures, Gym Equipment, Office Equipment||$65,000||$130,000||As Incurred||Prior to Opening Center||Suppliers|
|Initial Inventory||$15,000||$20,000||Lump Sum||As Incurred||Suppliers|
|Plans, Permits and Licenses||$3,000||$12,000||As Incurred||Prior to Opening||Suppliers|
|Signage||$3,000||$7,500||As Incurred||Upon Invoice||Suppliers|
|Insurance, Miscellaneous Deposits and Prepaid Expenses||$3,000||$12,000||As Incurred||Prior to Opening||Suppliers, Utilities, Us, Etc.|
|Additional Funds - Three Months||$25,000||$40,000||Lump Sum||Prior to Opening||Employees, Supplies, Utilities|
Your actual gym franchise costs to open may vary depending on your location, real estate rates and construction costs. Please see Item 7 of our FDD for details. To learn more about your specific area, fill out the information form on this page and start a conversation with us!