June 20th, 2008
(FranchisePick.Com) If a franchisee fails in the second year of their 10 year franchise agreement, odds are the franchisor can hold them responsible for the estimated future royalties on the remaining 8 years of the contract.
While rarely collected, the threat of “future royalties” can be a big stick used to demand a reduced […]
By Sean Kelly -- 3 comments
October 25th, 2007
(FranchisePick.Com) After stories and franchisee comments began to appear on FranchisePick.Com (see links below), Cuts Fitness for Men managing director Steven Haase has publicly acknowledged that Cuts Fitness for Men “bought out” the franchise agreements of each of its franchisees and shut down its franchise program in June, 2007. As reported in a previous post, Former franchisees continue […]
By Sean Kelly -- 1 comment
October 11th, 2007
(FranchisePick.Com) Part 3 in the Mysterious Disappearance of Hot New Franchise Cuts Fitness for Men series. See related articles at Blogliography: 30 Minute Fitness Franchises.
In Part 2 we asked: “A little more than a year ago, Cuts Fitness for Men was a “hot new franchise,” and one of the “fastest growing fitness franchises in […]
By Sean Kelly -- 15 comments
October 11th, 2007
(FranchisePick) A little more than a year ago, Cuts Fitness for Men was a “hot new franchise,” and one of the “fastest growing fitness franchises in the world.” Today, they’re missing in action. What happened?
An April, 2006 Cuts Fitness press release boasted that the men-only 30 minute fitness company (basically, a […]
By Sean Kelly -- 8 comments
October 8th, 2007
(FranchisePick.Com) Curves for Women burst on the scene with the concept of 30 Minute Circuit Training in small women-only clubs, selling more than 10,000 franchises in the U.S. and abroad.
Curves for Women spawned dozens of franchise knock-offs, many targeting slightly different niches. One of the most aggressive was Cuts Fitness for Men, an […]
By Sean Kelly -- 29 comments
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