Start-Up Costs and Fees |
||
| Slim & Fit | ShapeXpress | |
| Investment | 56100 - 132500 | 89500 - 152000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% down to 3% | Varies |
| Advertising Fee | 3% local | |
| Year Founded | 0 | 2002 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slim & Fit | ShapeXpress | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| Slim & Fit | ShapeXpress | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Slim & Fit | ShapeXpress | |
| Training | Ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Slim & Fit | ShapeXpress | |
| 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 | |
| Slim & Fit | |
| ShapeXpress | |
| Franchise Fee | |
| Slim & Fit | |
| ShapeXpress | |
| Royalty Fee | |
| Slim & Fit | 5% down to 3% |
| ShapeXpress | Varies |
| Advertising Fee | |
| Slim & Fit | 3% local |
| ShapeXpress | |
| Year Founded | |
| Slim & Fit | 0 |
| ShapeXpress | 2002 |
| Year Franchised | |
| Slim & Fit | 0 |
| ShapeXpress | 2003 |
| Term Of Agreement | |
| Slim & Fit | |
| ShapeXpress | 10 years |
| Renewal Fee | |
| Slim & Fit | |
| ShapeXpress | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Slim & Fit | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
Financing Options |
|
| Franchise Fees | |
| Slim & Fit | |
| ShapeXpress | |
| Start-up Costs | |
| Slim & Fit | |
| ShapeXpress | |
| Equipment | |
| Slim & Fit} | |
| ShapeXpress | |
| Inventory | |
| Slim & Fit | |
| ShapeXpress | |
| Receivables | |
| Slim & Fit | |
| ShapeXpress | |
| Payroll | |
| Slim & Fit | |
| ShapeXpress | |
Training & Support |
|
| Training | |
| Slim & Fit | |
| ShapeXpress | Ongoing |
| Support | |
| Slim & Fit | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Slim & Fit | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Slim & Fit | |
| ShapeXpress | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Slim & Fit | 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 |
| ShapeXpress | |
| Canada Expansion | |
| Slim & Fit | |
| ShapeXpress | |
| International Expansion | |
| Slim & Fit | |
| ShapeXpress | |