Start-Up Costs and Fees |
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| Slender Lady | Fitness Together | |
| Investment | 50000 - 50000 | 189162 - 328576 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | $395/495/mo. | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1996 | 1984 |
| Year Franchised | 1997 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Slender Lady | Fitness Together | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Slender Lady | Fitness Together | |
| Training | Classroom Training: 40 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Network Support 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) | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Slender Lady | Fitness Together | |
| 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 | |
| Fitness Together | |
| Franchise Fee | |
| Slender Lady | |
| Fitness Together | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| Fitness Together | 6% |
| Advertising Fee | |
| Slender Lady | |
| Fitness Together | 2% |
| Year Founded | |
| Slender Lady | 1996 |
| Fitness Together | 1984 |
| Year Franchised | |
| Slender Lady | 1997 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| Fitness Together | 10 years |
| Renewal Fee | |
| Slender Lady | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Slender Lady | Yes |
| Fitness Together | Yes |
| Start-up Costs | |
| Slender Lady | |
| Fitness Together | |
| Equipment | |
| Slender Lady} | |
| Fitness Together | |
| Inventory | |
| Slender Lady | |
| Fitness Together | |
| Receivables | |
| Slender Lady | |
| Fitness Together | |
| Payroll | |
| Slender Lady | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Slender Lady | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Fitness Together | Network Support 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) |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| Fitness Together | 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 | |
| Fitness Together | |
| International Expansion | |
| Slender Lady | |
| Fitness Together | |