Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Farrell's eXtreme Bodyshaping | |
| Investment | 124500 - 195300 | 130000 - 383900 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 2003 | 2006 |
| Year Franchised | 2005 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Farrell's eXtreme Bodyshaping | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | Farrell's eXtreme Bodyshaping | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Farrell's eXtreme Bodyshaping | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| 21 Minute Convenience Fitness | Farrell's eXtreme Bodyshaping | |
| 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 | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Farrell's eXtreme Bodyshaping | |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Farrell's eXtreme Bodyshaping | 2006 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Farrell's eXtreme Bodyshaping | 2007 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Farrell's eXtreme Bodyshaping | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Farrell's eXtreme Bodyshaping | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Farrell's eXtreme Bodyshaping | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Farrell's eXtreme Bodyshaping | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Farrell's eXtreme Bodyshaping | |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Farrell's eXtreme Bodyshaping | |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Farrell's eXtreme Bodyshaping | |
| Operations | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
| Farrell's eXtreme Bodyshaping | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | 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 | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Farrell's eXtreme Bodyshaping | |