Start-Up Costs and Fees |
||
| Beverly Hills Weight Loss and Wellness | Fitness Together | |
| Investment | 64000 - 96000 | 189162 - 328576 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1988 | 1984 |
| Year Franchised | 1989 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Beverly Hills Weight Loss and Wellness | Fitness Together | |
| Experience | General business experience Marketing skills Sales experience | Industry experience |
Financing Options |
||
| Beverly Hills Weight Loss and Wellness | Fitness Together | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Beverly Hills Weight Loss and Wellness | Fitness Together | |
| Training | Ongoing training | Classroom Training: 40 hours |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Beverly Hills Weight Loss and Wellness | Fitness Together | |
| 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 | |
| Fitness Together | |
| Franchise Fee | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | |
| Royalty Fee | |
| Beverly Hills Weight Loss and Wellness | 6% |
| Fitness Together | 6% |
| Advertising Fee | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | 2% |
| Year Founded | |
| Beverly Hills Weight Loss and Wellness | 1988 |
| Fitness Together | 1984 |
| Year Franchised | |
| Beverly Hills Weight Loss and Wellness | 1989 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Beverly Hills Weight Loss and Wellness | 5 years |
| Fitness Together | 10 years |
| Renewal Fee | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Beverly Hills Weight Loss and Wellness | General business experience Marketing skills Sales experience |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Beverly Hills Weight Loss and Wellness | No |
| Fitness Together | No |
| Start-up Costs | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | |
| Equipment | |
| Beverly Hills Weight Loss and Wellness} | |
| Fitness Together | |
| Inventory | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | |
| Receivables | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | |
| Payroll | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Beverly Hills Weight Loss and Wellness | Ongoing training |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Beverly Hills Weight Loss and Wellness | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Beverly Hills Weight Loss and Wellness | Co-op advertising, Ad slicks |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | 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 | |
| Fitness Together | |
| International Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| Fitness Together | |