Start-Up Costs and Fees |
||
| Beverly Hills Weight Loss and Wellness | Ellipse Fitness | |
| Investment | 64000 - 96000 | 80000 - 120000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | ||
| Year Founded | 1988 | 2002 |
| Year Franchised | 1989 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Beverly Hills Weight Loss and Wellness | Ellipse Fitness | |
| Experience | General business experience Marketing skills Sales experience | |
Financing Options |
||
| Beverly Hills Weight Loss and Wellness | Ellipse Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Beverly Hills Weight Loss and Wellness | Ellipse Fitness | |
| Training | Ongoing training | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Beverly Hills Weight Loss and Wellness | Ellipse Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
| Franchise Fee | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
| Royalty Fee | |
| Beverly Hills Weight Loss and Wellness | 6% |
| Ellipse Fitness | 5% |
| Advertising Fee | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
| Year Founded | |
| Beverly Hills Weight Loss and Wellness | 1988 |
| Ellipse Fitness | 2002 |
| Year Franchised | |
| Beverly Hills Weight Loss and Wellness | 1989 |
| Ellipse Fitness | 2006 |
| Term Of Agreement | |
| Beverly Hills Weight Loss and Wellness | 5 years |
| Ellipse Fitness | |
| Renewal Fee | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
Business Experience Requirements |
|
| Experience | |
| Beverly Hills Weight Loss and Wellness | General business experience Marketing skills Sales experience |
| Ellipse Fitness | |
Financing Options |
|
| Franchise Fees | |
| Beverly Hills Weight Loss and Wellness | No |
| Ellipse Fitness | No |
| Start-up Costs | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
| Equipment | |
| Beverly Hills Weight Loss and Wellness} | |
| Ellipse Fitness | |
| Inventory | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
| Receivables | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
| Payroll | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
Training & Support |
|
| Training | |
| Beverly Hills Weight Loss and Wellness | Ongoing training |
| Ellipse Fitness | |
| Support | |
| Beverly Hills Weight Loss and Wellness | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Ellipse Fitness | |
| Marketing | |
| Beverly Hills Weight Loss and Wellness | Co-op advertising, Ad slicks |
| Ellipse Fitness | |
| Operations | |
| Beverly Hills Weight Loss and Wellness | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Ellipse Fitness | |
Expansion Plans |
|
| US Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |
| International Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| Ellipse Fitness | |