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The Crunch brand has become one of the most recognized and respected in the fitness biz. Crunch has built its name by rethinking the status quo and introducing innovations that have since been embraced across the industry. On account of their novel approach to the gym franchise model, as well as their mastery of PR, the Crunch franchise's leadership team has developed brand recognition far exceeding the franchise's geographic footprint. More about the cost of owning a Crunch franchise is below.
Liquid capital required
|
$400,000
|
Net worth required
|
$2,000,000
|
Investment
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$670,500 - $3,280,500
|
Franchise fee
|
$25,000
|
Royalty
|
5.0%
|
Offers Financing
|
Yes
|
Units in operation
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352
|
The capital required to open a unit is ₱400,000. Crunch franchise expects its new franchisees to have a net worth of at least ₱2,000,000. The ongoing royalty payments from franchisees paid back to the franchisor are 5%. ₱670,500 is the minimum that Crunch expects its owners will need to invest in a new location. The most the franchisor could ask you to invest is ₱3,280,500 if you want to become a franchisee. New franchisees can expect to pay a ₱25,000 franchise fee for the rights to open their own location. There are currently 352 Crunch units in operation.
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