Start-Up Costs and Fees |
||
| Slender Lady | FIT4MOM | |
| Investment | 50000 - 50000 | 6905 - 26385 |
| Franchise Fee | 0 | |
| Royalty Fee | $395/495/mo. | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
| Advertising Fee | $10 - $30 | |
| Year Founded | 1996 | 2001 |
| Year Franchised | 1997 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | FIT4MOM | |
| Experience | Fitness background is a plus, but not a requirement! We will train you! | |
Financing Options |
||
| Slender Lady | FIT4MOM | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Slender Lady | FIT4MOM | |
| Training | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| 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) | |
Expansion Plans |
||
| Slender Lady | FIT4MOM | |
| 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 | |
| Slender Lady | |
| FIT4MOM | |
| Franchise Fee | |
| Slender Lady | |
| FIT4MOM | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| FIT4MOM | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
| Advertising Fee | |
| Slender Lady | |
| FIT4MOM | $10 - $30 |
| Year Founded | |
| Slender Lady | 1996 |
| FIT4MOM | 2001 |
| Year Franchised | |
| Slender Lady | 1997 |
| FIT4MOM | 2005 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| FIT4MOM | 3 Year |
| Renewal Fee | |
| Slender Lady | |
| FIT4MOM | |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| FIT4MOM | Fitness background is a plus, but not a requirement! We will train you! |
Financing Options |
|
| Franchise Fees | |
| Slender Lady | Yes |
| FIT4MOM | Yes |
| Start-up Costs | |
| Slender Lady | |
| FIT4MOM | |
| Equipment | |
| Slender Lady} | |
| FIT4MOM | |
| Inventory | |
| Slender Lady | |
| FIT4MOM | |
| Receivables | |
| Slender Lady | |
| FIT4MOM | |
| Payroll | |
| Slender Lady | |
| FIT4MOM | |
Training & Support |
|
| Training | |
| Slender Lady | |
| FIT4MOM | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. |
| Support | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| FIT4MOM | |
| Marketing | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| FIT4MOM | |
| 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) |
| FIT4MOM | |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| FIT4MOM | 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 | |
| FIT4MOM | |
| International Expansion | |
| Slender Lady | |
| FIT4MOM | |