Start-Up Costs and Fees |
||
| Slender Lady | Eat the Frog Fitness | |
| Investment | 50000 - 50000 | 522000 - 706500 |
| Franchise Fee | 0 | |
| Royalty Fee | $395/495/mo. | 7% |
| Advertising Fee | 1% | |
| Year Founded | 1996 | 2015 |
| Year Franchised | 1997 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | Eat the Frog Fitness | |
| Experience | ||
Financing Options |
||
| Slender Lady | Eat the Frog Fitness | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Slender Lady | Eat the Frog Fitness | |
| Training | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | Number of Employees Required to Run: 6 |
Expansion Plans |
||
| Slender Lady | Eat the Frog Fitness | |
| 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 | |
| Slender Lady | |
| Eat the Frog Fitness | |
| Franchise Fee | |
| Slender Lady | |
| Eat the Frog Fitness | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| Eat the Frog Fitness | 7% |
| Advertising Fee | |
| Slender Lady | |
| Eat the Frog Fitness | 1% |
| Year Founded | |
| Slender Lady | 1996 |
| Eat the Frog Fitness | 2015 |
| Year Franchised | |
| Slender Lady | 1997 |
| Eat the Frog Fitness | 2016 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| Eat the Frog Fitness | |
| Renewal Fee | |
| Slender Lady | |
| Eat the Frog Fitness | |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| Eat the Frog Fitness | |
Financing Options |
|
| Franchise Fees | |
| Slender Lady | Yes |
| Eat the Frog Fitness | Yes |
| Start-up Costs | |
| Slender Lady | |
| Eat the Frog Fitness | |
| Equipment | |
| Slender Lady} | |
| Eat the Frog Fitness | |
| Inventory | |
| Slender Lady | |
| Eat the Frog Fitness | |
| Receivables | |
| Slender Lady | |
| Eat the Frog Fitness | |
| Payroll | |
| Slender Lady | |
| Eat the Frog Fitness | |
Training & Support |
|
| Training | |
| Slender Lady | |
| Eat the Frog Fitness | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed |
| Support | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Eat the Frog Fitness | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Eat the Frog Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Eat the Frog Fitness | Number of Employees Required to Run: 6 |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| Eat the Frog Fitness | 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 | |
| Slender Lady | |
| Eat the Frog Fitness | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Slender Lady | |
| Eat the Frog Fitness | |