Start-Up Costs and Fees |
||
| Ellipse Fitness | Slender Lady | |
| Investment | 80000 - 120000 | 50000 - 50000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | $395/495/mo. |
| Advertising Fee | ||
| Year Founded | 2002 | 1996 |
| Year Franchised | 2006 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ellipse Fitness | Slender Lady | |
| Experience | ||
Financing Options |
||
| Ellipse Fitness | Slender Lady | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ellipse Fitness | Slender Lady | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Ellipse Fitness | Slender Lady | |
| 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 | |
| Ellipse Fitness | |
| Slender Lady | |
| Franchise Fee | |
| Ellipse Fitness | |
| Slender Lady | |
| Royalty Fee | |
| Ellipse Fitness | 5% |
| Slender Lady | $395/495/mo. |
| Advertising Fee | |
| Ellipse Fitness | |
| Slender Lady | |
| Year Founded | |
| Ellipse Fitness | 2002 |
| Slender Lady | 1996 |
| Year Franchised | |
| Ellipse Fitness | 2006 |
| Slender Lady | 1997 |
| Term Of Agreement | |
| Ellipse Fitness | |
| Slender Lady | 7 years |
| Renewal Fee | |
| Ellipse Fitness | |
| Slender Lady | |
Business Experience Requirements |
|
| Experience | |
| Ellipse Fitness | |
| Slender Lady | |
Financing Options |
|
| Franchise Fees | |
| Ellipse Fitness | |
| Slender Lady | |
| Start-up Costs | |
| Ellipse Fitness | |
| Slender Lady | |
| Equipment | |
| Ellipse Fitness} | |
| Slender Lady | |
| Inventory | |
| Ellipse Fitness | |
| Slender Lady | |
| Receivables | |
| Ellipse Fitness | |
| Slender Lady | |
| Payroll | |
| Ellipse Fitness | |
| Slender Lady | |
Training & Support |
|
| Training | |
| Ellipse Fitness | |
| Slender Lady | |
| Support | |
| Ellipse Fitness | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Ellipse Fitness | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Ellipse Fitness | |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% 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 |
| Slender Lady | |
| Canada Expansion | |
| Ellipse Fitness | |
| Slender Lady | |
| International Expansion | |
| Ellipse Fitness | |
| Slender Lady | |