Question 1

How much does it cost to open a NexGen Fitness franchise?

Accepted Answer

The total initial investment for a NexGen Fitness franchise ranges from $209K to $856K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the NexGen Fitness franchise fee?

Accepted Answer

The initial franchise fee for NexGen Fitness is $35K.

Question 3

What are the net worth requirements for a NexGen Fitness franchise?

Accepted Answer

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

Question 4

Does NexGen Fitness require a personal guarantee?

Accepted Answer

Yes, NexGen Fitness requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a NexGen Fitness franchise?

Accepted Answer

Equipment costs for a NexGen Fitness franchise range from $50K to $200K. Initial inventory costs range from $500 to $10K.