CRANK
Fitness Franchise
- Founded
2017
- Number of Units
3
- Country of Origin
United Arab Emirates
- Franchise Expansion
Upon Request
CONCEPT BRIEF
CRANK Fitness, Ltd. (CRANK) is a boutique-fitness studio offering RIDE, SHAPE and STRIDE classes. CRANK is a United Arab Emirates (UAE) homegrown concept that originated in 2017 with 3 studios currently in operation (2 in Dubai and 1 in Abu Dhabi).
The CRANK brand is known for:
- Entertaining, unique, energy-driven, results-based classes.
- An urban “feel-at-home” quality design, in a highly differentiated location.
- A welcoming family culture led by a team of friendly staff.
- A strong corporate backbone driving an unparalleled measure of of quality and service consistency.
Franchise Fee
USD 100,000
Area Required
350 Sq.m – 450 Sq.m
Royalty Fee
10% of Gross Sales
TRAINING PROGRAM
| Training at Headquarters | 14 – 21 Days |
|---|---|
| On-site Training | 10 – 14 Days |
SUPPORT PROGRAM
| Operational Support | Site Selection |
|---|---|
| Marketing Support | Purchasing |
| Accounting/Audit/Legal | Internal Support |
| Ongoing Research & Development | Overall Program Oversight |
FRANCHISE FEE
| Individual Unit Franchise Fee | USD 100,000 |
|---|---|
| Area Development Franchise Fee | USD 240,000 (for 3 units) |
ONGOING FEE
| Royalty Fee | 10% of Monthly Gross Sales |
|---|---|
| Advertising Fee | 3% of Monthly Gross Sales |
| Marketing Fund | 1% of Monthly Gross Sales |
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