Start-Up Costs and Fees |
||
| LA Weight Loss Centers | ShapeXpress | |
| Investment | 67200 - 120400 | 89500 - 152000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | Varies |
| Advertising Fee | ||
| Year Founded | 1989 | 2002 |
| Year Franchised | 1998 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LA Weight Loss Centers | ShapeXpress | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| LA Weight Loss Centers | ShapeXpress | |
| 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 | ShapeXpress | |
| Training | Ongoing | |
| Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad slicks, National media, Regional advertising | 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 |
||
| LA Weight Loss Centers | ShapeXpress | |
| 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 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| LA Weight Loss Centers | |
| ShapeXpress | |
| Franchise Fee | |
| LA Weight Loss Centers | |
| ShapeXpress | |
| Royalty Fee | |
| LA Weight Loss Centers | 7% |
| ShapeXpress | Varies |
| Advertising Fee | |
| LA Weight Loss Centers | |
| ShapeXpress | |
| Year Founded | |
| LA Weight Loss Centers | 1989 |
| ShapeXpress | 2002 |
| Year Franchised | |
| LA Weight Loss Centers | 1998 |
| ShapeXpress | 2003 |
| Term Of Agreement | |
| LA Weight Loss Centers | 10 years |
| ShapeXpress | 10 years |
| Renewal Fee | |
| LA Weight Loss Centers | |
| ShapeXpress | $2.5K |
Business Experience Requirements |
|
| Experience | |
| LA Weight Loss Centers | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
Financing Options |
|
| Franchise Fees | |
| LA Weight Loss Centers | Yes |
| ShapeXpress | Yes |
| Start-up Costs | |
| LA Weight Loss Centers | |
| ShapeXpress | |
| Equipment | |
| LA Weight Loss Centers} | |
| ShapeXpress | |
| Inventory | |
| LA Weight Loss Centers | |
| ShapeXpress | |
| Receivables | |
| LA Weight Loss Centers | |
| ShapeXpress | |
| Payroll | |
| LA Weight Loss Centers | |
| ShapeXpress | |
Training & Support |
|
| Training | |
| LA Weight Loss Centers | |
| ShapeXpress | Ongoing |
| Support | |
| LA Weight Loss Centers | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| LA Weight Loss Centers | Ad slicks, National media, Regional advertising |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| LA Weight Loss Centers | |
| 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 | |
| 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, |
| ShapeXpress | |
| Canada Expansion | |
| LA Weight Loss Centers | 0 |
| ShapeXpress | |
| International Expansion | |
| LA Weight Loss Centers | |
| ShapeXpress | |