Start-Up Costs and Fees |
||
| FIT4MOM | ShapeXpress | |
| Investment | 6905 - 26385 | 89500 - 152000 |
| Franchise Fee | 0 | |
| Royalty Fee | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 | Varies |
| Advertising Fee | $10 - $30 | |
| Year Founded | 2001 | 2002 |
| Year Franchised | 2005 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| FIT4MOM | ShapeXpress | |
| Experience | Fitness background is a plus, but not a requirement! We will train you! | Marketing skills Sales skills, previous employee supervision skills |
Financing Options |
||
| FIT4MOM | ShapeXpress | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| FIT4MOM | ShapeXpress | |
| 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 |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | |
Expansion Plans |
||
| FIT4MOM | ShapeXpress | |
| 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 | |
| ShapeXpress | |
| Franchise Fee | |
| FIT4MOM | |
| ShapeXpress | |
| Royalty Fee | |
| FIT4MOM | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
| ShapeXpress | Varies |
| Advertising Fee | |
| FIT4MOM | $10 - $30 |
| ShapeXpress | |
| Year Founded | |
| FIT4MOM | 2001 |
| ShapeXpress | 2002 |
| Year Franchised | |
| FIT4MOM | 2005 |
| ShapeXpress | 2003 |
| Term Of Agreement | |
| FIT4MOM | 3 Year |
| ShapeXpress | 10 years |
| Renewal Fee | |
| FIT4MOM | |
| ShapeXpress | $2.5K |
Business Experience Requirements |
|
| Experience | |
| FIT4MOM | Fitness background is a plus, but not a requirement! We will train you! |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
Financing Options |
|
| Franchise Fees | |
| FIT4MOM | |
| ShapeXpress | |
| Start-up Costs | |
| FIT4MOM | |
| ShapeXpress | |
| Equipment | |
| FIT4MOM} | |
| ShapeXpress | |
| Inventory | |
| FIT4MOM | |
| ShapeXpress | |
| Receivables | |
| FIT4MOM | |
| ShapeXpress | |
| Payroll | |
| FIT4MOM | |
| ShapeXpress | |
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. |
| ShapeXpress | Ongoing |
| Support | |
| FIT4MOM | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| FIT4MOM | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| FIT4MOM | |
| ShapeXpress | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% 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 |
| ShapeXpress | |
| Canada Expansion | |
| FIT4MOM | |
| ShapeXpress | |
| International Expansion | |
| FIT4MOM | |
| ShapeXpress | |