Start-Up Costs and Fees |
||
| IM=X Pilates Studio | Profile by Sanford | |
| Investment | 66000 - 150000 | 388500 - 634500 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1994 | 2012 |
| Year Franchised | 2003 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| IM=X Pilates Studio | Profile by Sanford | |
| Experience | Industry experience | |
Financing Options |
||
| IM=X Pilates Studio | Profile by Sanford | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| IM=X Pilates Studio | Profile by Sanford | |
| Training | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually | |
| Support | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 5 | |
Expansion Plans |
||
| IM=X Pilates Studio | Profile by Sanford | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| IM=X Pilates Studio | |
| Profile by Sanford | |
| Franchise Fee | |
| IM=X Pilates Studio | |
| Profile by Sanford | |
| Royalty Fee | |
| IM=X Pilates Studio | Varies |
| Profile by Sanford | 5% |
| Advertising Fee | |
| IM=X Pilates Studio | |
| Profile by Sanford | 2% |
| Year Founded | |
| IM=X Pilates Studio | 1994 |
| Profile by Sanford | 2012 |
| Year Franchised | |
| IM=X Pilates Studio | 2003 |
| Profile by Sanford | 2014 |
| Term Of Agreement | |
| IM=X Pilates Studio | 10 years |
| Profile by Sanford | |
| Renewal Fee | |
| IM=X Pilates Studio | |
| Profile by Sanford | |
Business Experience Requirements |
|
| Experience | |
| IM=X Pilates Studio | Industry experience |
| Profile by Sanford | |
Financing Options |
|
| Franchise Fees | |
| IM=X Pilates Studio | No |
| Profile by Sanford | No |
| Start-up Costs | |
| IM=X Pilates Studio | |
| Profile by Sanford | |
| Equipment | |
| IM=X Pilates Studio} | |
| Profile by Sanford | |
| Inventory | |
| IM=X Pilates Studio | |
| Profile by Sanford | |
| Receivables | |
| IM=X Pilates Studio | |
| Profile by Sanford | |
| Payroll | |
| IM=X Pilates Studio | |
| Profile by Sanford | |
Training & Support |
|
| Training | |
| IM=X Pilates Studio | |
| Profile by Sanford | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually |
| Support | |
| IM=X Pilates Studio | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Profile by Sanford | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| IM=X Pilates Studio | Co-op advertising, Ad slicks, National media |
| Profile by Sanford | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| IM=X Pilates Studio | |
| Profile by Sanford | Number of Employees Required to Run: 5 |
Expansion Plans |
|
| US Expansion | |
| IM=X Pilates Studio | |
| Profile by Sanford | 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 | |
| IM=X Pilates Studio | |
| Profile by Sanford | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| IM=X Pilates Studio | |
| Profile by Sanford | |