Start a Eat The Frog Fitness Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $384K - $631K

Units as of 2022: 28 460.0% over 3 years

Created from decades of science-based athletic training and fitness experts, Bryan Clay and Joe Culver opened Eat The Frog Fitness in 2015. Bryan Clay is an Olympic decathlon gold and silver medalist, earning the gold in 2008 during the Beijing Olympics. Joe Culver is an experienced entrepreneur and business executive with decades of experience.

Eat The Frog Fitness empathizes with procrastination and the difficulty of getting to the gym. Inspired by Mark Twain’s famous quote, “Eat a live frog first thing every morning, and nothing worse will happen to you for the rest of the day,” Clay and Culver sold their first franchise back in 2016. And now, with more than 20 locations, your Eat The Frog Fitness franchise could be next.

Why You May Want to Start an Eat The Frog Fitness Franchise

Eat The Frog Fitness is looking for franchisees passionate about health, helping others achieve goals previously thought impossible, and willing to tear down barriers to achieve success. The ideal Eat The Frog Fitness franchisee is resourceful, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a franchise using their proven business model could be easier than ever.

In addition to these qualities, an Eat The Frog Fitness franchisee understands marketing, sales, and team development. Building a community and overcoming the fear that stops you from trying something new is of the utmost importance.

What Might Make an Eat The Frog Fitness Franchise a Good Choice?

Opening an Eat The Frog Fitness franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in the already crowded and competitive fitness and health industry.

Eat The Frog Fitness is seeking to expand into new markets across North America. It may have considerable potential for growth. Achieving success could be attainable with the help of their collection of marketing materials, innovative technology, and comprehensive training guides.

How To Open an Eat The Frog Fitness Franchise

To be part of the Eat The Frog Fitness team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for the existence of ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

Eat The Frog Fitness has partnered with third-party financial lenders that may help you cover the costs of the franchise fee, startup, equipment, inventory, payroll, and accounts receivable if you qualify.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Ensure that you take time to explore the opportunity. Research the brand and your local area to see if an Eat The Frog Fitness franchise would do well in your community. You may want to speak to existing franchisees and ask the Eat The Frog Fitness team any questions.

Company Overview

About Eat The Frog Fitness

Industry	Health & Wellness
Related Categories	Fitness
Founded	2015
Parent Company	ETF Franchising LLC
Leadership	Joe Culver, CEO
Corporate Address	2221 Justin Rd., #119, #114 Flower Mound, TX 75028
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	2016 (8 years)
# of employees at HQ	15
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada
# of Units	28 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Eat The Frog Fitness franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$49,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$384,000 - $631,000
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$200,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	10% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	7%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Eat The Frog Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	68 hours
Classroom Training	20 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	6
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes