Start-Up Costs and Fees |
||
| IM=X Pilates Studio | Shred415 | |
| Investment | 66000 - 150000 | 440280 - 959200 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | 8% |
| Advertising Fee | ||
| Year Founded | 1994 | 1986 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| IM=X Pilates Studio | Shred415 | |
| Experience | Industry experience | |
Financing Options |
||
| IM=X Pilates Studio | Shred415 | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| IM=X Pilates Studio | Shred415 | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | |
| Support | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions 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 | Absentee Ownership Allowed | |
Expansion Plans |
||
| IM=X Pilates Studio | Shred415 | |
| 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 | |
| IM=X Pilates Studio | |
| Shred415 | |
| Franchise Fee | |
| IM=X Pilates Studio | |
| Shred415 | |
| Royalty Fee | |
| IM=X Pilates Studio | Varies |
| Shred415 | 8% |
| Advertising Fee | |
| IM=X Pilates Studio | |
| Shred415 | |
| Year Founded | |
| IM=X Pilates Studio | 1994 |
| Shred415 | 1986 |
| Year Franchised | |
| IM=X Pilates Studio | 2003 |
| Shred415 | 2004 |
| Term Of Agreement | |
| IM=X Pilates Studio | 10 years |
| Shred415 | 10 years |
| Renewal Fee | |
| IM=X Pilates Studio | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| IM=X Pilates Studio | Industry experience |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| IM=X Pilates Studio | No |
| Shred415 | No |
| Start-up Costs | |
| IM=X Pilates Studio | |
| Shred415 | |
| Equipment | |
| IM=X Pilates Studio} | |
| Shred415 | |
| Inventory | |
| IM=X Pilates Studio | |
| Shred415 | |
| Receivables | |
| IM=X Pilates Studio | |
| Shred415 | |
| Payroll | |
| IM=X Pilates Studio | |
| Shred415 | |
Training & Support |
|
| Training | |
| IM=X Pilates Studio | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| IM=X Pilates Studio | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Shred415 | Meetings/Conventions 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 |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| IM=X Pilates Studio | |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| IM=X Pilates Studio | |
| Shred415 | 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 | |
| Shred415 | |
| International Expansion | |
| IM=X Pilates Studio | |
| Shred415 | |