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Below is an in-depth analysis and side-by-side comparison of ShapeXpress vs Rejuvenate Health Fitness Medspa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $89,500 - $152,000 | $38,149 - $396,499 |
Franchise Fee | $20,000 | $19,999 |
Royalty Fee | Varies | Greater of $499 or 7% |
Advertising Fee | - | - |
Year Founded | 2002 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Ongoing | * Classroom Training * Weekly Conference Call Training * On-site Club Training with One on One Assistance * Pre-training Prior to Rejuvenate University * Regional Training Seminars * Web-Based Training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | * Marketing/Advertising * Pre-Sale Coordination and Launching of your Club * Operation of the Club * Implementation of all Revenue Sources * Membership Sales * Prospecting Tools * Equipment training |
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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Proven results for members AND franchisees!
Join our success in the $14.8 billion fitness industry! ShapeXpress for Women is setting the standard for women's only fitness franchise opportunities.
"Amazing support from the corporate office." That's what our franchisees are saying about ShapeXpress. Support in every area of starting and operating your club: finding a location, negotiating a lease, decor & build-out, financing, marketing, membership sales, daily operations, billing, member tracking, hiring and more. Each franchisee is assigned a Franchise Support Executive to personally assist with setting goals and addressing concerns. Weekly conference calls keep our franchisees in communication with our corporate office and each other.
Among U.S. franchises, 65% consist of fewer than 100 stores and 49% have under 50 locations. Compare this to ShapeXpress, which in its first 3 years of offering, has sold over 300 franchises!
NO LONGER FRANCHISING
Franchising allows you to be in control of your own destiny with a proven successful system developed by experts. You will continuously receive operational support and on-going training support. You have a "Partner" in your business to help you every step of the way.
The fitness franchise industry continues to flourish. Between the years 2000 and 2005 IHRSA (International Health, Racquet, and Sportsclub Association) shows a 144% positive growth in the franchise fitness industry. There has also been an explosive unit growth of small format clubs in the franchising industry. Club Industry's Fitness Business Magazine stated that "Smaller format clubs tend to have more convenient locations and focus on a particular customer niche-women only, one on one training, and fitness only".