Getting Started
Koko FitClub is redefining the way people exercise.
We have taken great care and pride in developing every detail of the Koko FitClub experience. This attention to detail makes it easy to be successful, for our members and for our franchise owners.
If you are ready to join our Koko revolution, if you share our passion for success and if you meet our qualifications, now is the time to act.
Click the "Tour Koko FitClub's Virtual Franchise Brochure" link below and you are on your way.
The Process
We have built a process that provides you with the tools and information you need to complete your due diligence, make informed business decisions and get your clubs up and running. Steps along the way include:
• Getting to know Koko FitClub by working both on your own and with the Koko Owner Selection Team through each section of the Virtual Brochure
• Completing Qualification Applications
• Participating in recorded and live business webinars with Koko FitClub President and Co-Founder Mary Obana
• Visiting us at Meet the Team Day
• Signing your Agreements
• Participating in Comprehensive Training
• Receiving Pre-Opening Support
• Opening YOUR clubs!
Qualifications
Our one-of-a-kind technology, operational simplicity and superior training means you don't need to be a technology expert, or even fitness professional, to be a successful Koko FitClub owner. You just need to share the passion we have for building a great business. You'll also need to meet some basic financial guidelines to ensure you open and operate your Koko FitClubs successfully.
These guidelines may help to determine whether you are in a financial position to become a Koko FitClub owner and would likely meet the financing criteria of prospective lending sources.
• Investable liquid capital of at least $300,000
• Net worth, including real estate, of $600,000 or more
• Credit score of 700 or more
How much does a franchise cost?
• The total estimated upfront investment for each Koko FitClub franchise ranges from $143,000 -$258,000 (US dollars). This includes an initial franchise fee of $30,000.
• The range reflects both your budget and whether you choose to finance the required equipment and other capital expenses required prior to opening.
• We award franchises only in multiples, meaning our owners are area developers who open more than one Koko FitClub. For each Area Development Agreement (ADA,) we require owners to open a minimum of two clubs to start, thus our liquid asset requirement of $300K is higher than the cost of opening a single club.
• Our Franchise Disclosure Document (FDD) provides you with in-depth information regarding the costs and expenses of opening your own Koko FitClub. To receive a Koko FitClub FDD, please contact us for next steps.
