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Personal Training Institute
 

Personal Training Institute combines fitness and nutrition to help its clients reach their goals. PTI's program centers around a custom-tailored 30 minute strength training session with a personal trainer. As part of the program the client meets with a licensed nutritionist who helps them develop good eating habits. Over the past 18 years PTI has developed a very strong business model that is easy to operate. We are looking for passionate, business-minded, financially-qualified individuals.

Franchisor Background

Year Established:

  1987

Franchising Since:

  2005

IFA Member



Operating Units:

Franchised Units:10 58.8%  
Company-Owned Units:7 41.2%  
 ______ _____  
Total Operating Units:17 100%  
 

Geographic Distribution:

U.S.:17 100% In 2 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:17 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. New York13
2. Maine1

Registered in Following Registration States:

   California, New York

Financial Requirements

Investment:

Minimum Net Worth:$0K
Cash Investment:$40-50K
Total Investment:$120-220K
Average Total Investment:$170K
 

Fees:

Initial Franchise Fee:$19.5K
Average Franchise Fee:$19K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:2%

Average Number of Employees:

   1 Full-time, 8 Part-time

Space Needs (in square footage):

   2,000

Preferred Sites:

   Storefront, Strip Center

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Not a Member
Size of Corporate Staff:5
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:At Additional Cost
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Smithtown, NY10 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:2
General Business Experience:4
Specific Industry Experience:3
Formal Education:1
Psychological Profile:1
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 10 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   25
U.S.:Yes, All United States
Canada:No
Overseas:No
 
 
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