Start-Up Costs and Fees |
||
| FIT4MOM | Beverly Hills Weight Loss and Wellness | |
| Investment | 6905 - 26385 | 64000 - 96000 |
| Franchise Fee | 0 | |
| Royalty Fee | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 | 6% |
| Advertising Fee | $10 - $30 | |
| Year Founded | 2001 | 1988 |
| Year Franchised | 2005 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| FIT4MOM | Beverly Hills Weight Loss and Wellness | |
| Experience | Fitness background is a plus, but not a requirement! We will train you! | General business experience Marketing skills Sales experience |
Financing Options |
||
| FIT4MOM | Beverly Hills Weight Loss and Wellness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| FIT4MOM | Beverly Hills Weight Loss and Wellness | |
| Training | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. | 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 |
||
| FIT4MOM | Beverly Hills Weight Loss and Wellness | |
| 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 | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
| Franchise Fee | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
| Royalty Fee | |
| FIT4MOM | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
| Beverly Hills Weight Loss and Wellness | 6% |
| Advertising Fee | |
| FIT4MOM | $10 - $30 |
| Beverly Hills Weight Loss and Wellness | |
| Year Founded | |
| FIT4MOM | 2001 |
| Beverly Hills Weight Loss and Wellness | 1988 |
| Year Franchised | |
| FIT4MOM | 2005 |
| Beverly Hills Weight Loss and Wellness | 1989 |
| Term Of Agreement | |
| FIT4MOM | 3 Year |
| Beverly Hills Weight Loss and Wellness | 5 years |
| Renewal Fee | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
Business Experience Requirements |
|
| Experience | |
| FIT4MOM | Fitness background is a plus, but not a requirement! We will train you! |
| Beverly Hills Weight Loss and Wellness | General business experience Marketing skills Sales experience |
Financing Options |
|
| Franchise Fees | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
| Start-up Costs | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
| Equipment | |
| FIT4MOM} | |
| Beverly Hills Weight Loss and Wellness | |
| Inventory | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
| Receivables | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
| Payroll | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
Training & Support |
|
| Training | |
| FIT4MOM | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. |
| Beverly Hills Weight Loss and Wellness | Ongoing training |
| Support | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | Co-op advertising, Ad slicks |
| Operations | |
| FIT4MOM | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| FIT4MOM | 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 |
| Beverly Hills Weight Loss and Wellness | |
| Canada Expansion | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |
| International Expansion | |
| FIT4MOM | |
| Beverly Hills Weight Loss and Wellness | |