Start-Up Costs and Fees |
||
| LA Weight Loss Centers | Team Spirit Fitness Centers | |
| Investment | 67200 - 120400 | 69000 - 69000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | ||
| Year Founded | 1989 | 2002 |
| Year Franchised | 1998 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LA Weight Loss Centers | Team Spirit Fitness Centers | |
| Experience | ||
Financing Options |
||
| LA Weight Loss Centers | Team Spirit Fitness Centers | |
| 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 | Team Spirit Fitness Centers | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 days | |
| Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| LA Weight Loss Centers | Team Spirit Fitness Centers | |
| 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 | |
| Team Spirit Fitness Centers | |
| Franchise Fee | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
| Royalty Fee | |
| LA Weight Loss Centers | 7% |
| Team Spirit Fitness Centers | 6% |
| Advertising Fee | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
| Year Founded | |
| LA Weight Loss Centers | 1989 |
| Team Spirit Fitness Centers | 2002 |
| Year Franchised | |
| LA Weight Loss Centers | 1998 |
| Team Spirit Fitness Centers | 2004 |
| Term Of Agreement | |
| LA Weight Loss Centers | 10 years |
| Team Spirit Fitness Centers | 5 years |
| Renewal Fee | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
Business Experience Requirements |
|
| Experience | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
Financing Options |
|
| Franchise Fees | |
| LA Weight Loss Centers | Yes |
| Team Spirit Fitness Centers | Yes |
| Start-up Costs | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
| Equipment | |
| LA Weight Loss Centers} | |
| Team Spirit Fitness Centers | |
| Inventory | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
| Receivables | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
| Payroll | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |
Training & Support |
|
| Training | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Support | |
| LA Weight Loss Centers | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Team Spirit Fitness Centers | |
| Marketing | |
| LA Weight Loss Centers | Ad slicks, National media, Regional advertising |
| Team Spirit Fitness Centers | |
| Operations | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
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, |
| Team Spirit Fitness Centers | |
| Canada Expansion | |
| LA Weight Loss Centers | 0 |
| Team Spirit Fitness Centers | |
| International Expansion | |
| LA Weight Loss Centers | |
| Team Spirit Fitness Centers | |