Question 1

How much does it cost to open a GYMGUYZ franchise?

Accepted Answer

The total initial investment for a GYMGUYZ franchise ranges from $92K to $174K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the GYMGUYZ franchise fee?

Accepted Answer

The initial franchise fee for GYMGUYZ is $50K.

Question 3

What are the net worth requirements for a GYMGUYZ franchise?

Accepted Answer

Net worth requirements for GYMGUYZ are specified in the Franchise Disclosure Document.

Question 4

Does GYMGUYZ require a personal guarantee?

Accepted Answer

Yes, GYMGUYZ requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a GYMGUYZ franchise?

Accepted Answer

Equipment costs for a GYMGUYZ franchise range from $0 to $8K.