Business Description

Active approach to preschool education. Serving children 20 months to 5 years. Fun business to own especially for physically active people.

Franchisor Background

Year Established:  1969

Franchising Since:  1976

Operating Units:
Franchised Units:	3	75%
Company-Owned Units:	1	25%
Total Operating Units:	4	100.0%
Geographic Distribution: U.S.: 4 100% In 3 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 4 100.0%

North America:
States/Provinces with the largest number of operating units:

Density

Units

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$60K
Total Investment:	$50-75K
Average Total Investment:	$62K
Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	$3.6K/Yr
Average Royalty:	-1%
Advertising Fee:

Average Number of Employees: 3 Full-time, 3 Part-time

Space Needs (in square footage): 3,000

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	2
Specific Industry Experience:	2
Formal Education:	2
Psychological Profile:	5
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	1 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	3
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	No
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	At Additional Cost
Field Operation Evaluation:	Not Applicable
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Not Applicable
Training:
1. Home-Office in Cleveland	2 Weeks
2. On-Site	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 1 U.S.: Yes, OH Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Fit By Five Preschool.