Frequently Asked Questions | Core Progression Elite Personal Training

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FAQs

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WE’RE HERE TO ANSWER THEM.

Take a look below to see if your questions have been answered.

How much does it cost to open a Core Progression?

The average initial investment is between $152,990 – $508,630 depending on the size of your location, and specific market. This amount includes the Franchise Fees, gym equipment, signage, pre-marketing, and grand opening advertising, rent, computer systems, and additional various funds to support you for the first 3 months.

How long will it take to get open?

Once an agreement is awarded, the estimated ramp-up time for a new franchise owner is approximately 6 – 9 months. This varies based on available real estate in the territory, the size of the studio, and the build out required.

How many employees will I need?

Zero! All of the staff at your Core Progression Elite Personal Training will be independent contractors, allowing you significant freedom and flexibility in running your business.

How big are the studios?

The studios can operate in spaces between 3000 – 6000 sq. ft.

What type of support is offered to franchise owners?

We offer a range of support programs to help you achieve success with your Core Progression Elite Personal Training business. This includes real estate/site location, grand opening/marketing, fitness trainer hiring, accounting, and ongoing operational support.

What is the Franchise Fee?

The franchise fee is $45,000 for a single unit. We also offer discounted three-unit and five-unit franchise fees to select candidates.

What are the ongoing fees?

There is a weekly royalty equal to 5% of gross sales. The fee entitles you to continued use of the Core Progression brand and trademarks, access to our operating system, support, and other benefits come with being a Franchise Owner.

What is the process of getting my store open?

The Core Progression support and real estate team will help you through all the major steps. From finding the perfect location to construction and grand opening preparations. We have a comprehensive and structured program to ensure the process is as flawless as possible.

How does territory work?

We offer protected territories which will typically be a 3-mile radius around the studio. We take geographic area, population properties, and other relevant demographics into consideration when creating territories.

When will my franchise be awarded?

We have an education process that allows us to provide you will information on the business model and learn about you to see if this is a good fit. This process has multiple stages and takes anywhere from 4-8 weeks.

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