Start-Up Costs and Fees |
||
| Ellipse Fitness | Healthy Inspirations | |
| Investment | 80000 - 120000 | 75000 - 375000 |
| Franchise Fee | ||
| Royalty Fee | 5% | $395/mo. |
| Advertising Fee | ||
| Year Founded | 2002 | 2000 |
| Year Franchised | 2006 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ellipse Fitness | Healthy Inspirations | |
| Experience | General business experience | |
Financing Options |
||
| Ellipse Fitness | Healthy Inspirations | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ellipse Fitness | Healthy Inspirations | |
| Training | ||
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Ellipse Fitness | Healthy Inspirations | |
| 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 | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Franchise Fee | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Royalty Fee | |
| Ellipse Fitness | 5% |
| Healthy Inspirations | $395/mo. |
| Advertising Fee | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Year Founded | |
| Ellipse Fitness | 2002 |
| Healthy Inspirations | 2000 |
| Year Franchised | |
| Ellipse Fitness | 2006 |
| Healthy Inspirations | 2004 |
| Term Of Agreement | |
| Ellipse Fitness | |
| Healthy Inspirations | 10 years |
| Renewal Fee | |
| Ellipse Fitness | |
| Healthy Inspirations | $2.5K or 20% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Ellipse Fitness | |
| Healthy Inspirations | General business experience |
Financing Options |
|
| Franchise Fees | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Start-up Costs | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Equipment | |
| Ellipse Fitness} | |
| Healthy Inspirations | |
| Inventory | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Receivables | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Payroll | |
| Ellipse Fitness | |
| Healthy Inspirations | |
Training & Support |
|
| Training | |
| Ellipse Fitness | |
| Healthy Inspirations | |
| Support | |
| Ellipse Fitness | |
| Healthy Inspirations | Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| Ellipse Fitness | |
| Healthy Inspirations | Ad slicks |
| Operations | |
| Ellipse Fitness | |
| Healthy Inspirations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Healthy Inspirations | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Ellipse Fitness | |
| Healthy Inspirations | 0 |
| International Expansion | |
| Ellipse Fitness | |
| Healthy Inspirations | |