Start-Up Costs and Fees |
||
| LA Weight Loss Centers | Cuts Fitness For Men | |
| Investment | 67200 - 120400 | 33600 - 77900 |
| Franchise Fee | ||
| Royalty Fee | 7% | $400/mo. |
| Advertising Fee | ||
| Year Founded | 1989 | 2003 |
| Year Franchised | 1998 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LA Weight Loss Centers | Cuts Fitness For Men | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| LA Weight Loss Centers | Cuts Fitness For Men | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| LA Weight Loss Centers | Cuts Fitness For Men | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Regional advertising |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| LA Weight Loss Centers | Cuts Fitness For Men | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
| Franchise Fee | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
| Royalty Fee | |
| LA Weight Loss Centers | 7% |
| Cuts Fitness For Men | $400/mo. |
| Advertising Fee | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
| Year Founded | |
| LA Weight Loss Centers | 1989 |
| Cuts Fitness For Men | 2003 |
| Year Franchised | |
| LA Weight Loss Centers | 1998 |
| Cuts Fitness For Men | 2003 |
| Term Of Agreement | |
| LA Weight Loss Centers | 10 years |
| Cuts Fitness For Men | 10 years |
| Renewal Fee | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
Business Experience Requirements |
|
| Experience | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| LA Weight Loss Centers | Yes |
| Cuts Fitness For Men | Yes |
| Start-up Costs | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
| Equipment | |
| LA Weight Loss Centers} | |
| Cuts Fitness For Men | |
| Inventory | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
| Receivables | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
| Payroll | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
Training & Support |
|
| Training | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |
| Support | |
| LA Weight Loss Centers | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| LA Weight Loss Centers | Ad slicks, National media, Regional advertising |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Operations | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| LA Weight Loss Centers | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Cuts Fitness For Men | |
| Canada Expansion | |
| LA Weight Loss Centers | 0 |
| Cuts Fitness For Men | 0 |
| International Expansion | |
| LA Weight Loss Centers | |
| Cuts Fitness For Men | |