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Below is an in-depth analysis and side-by-side comparison of Slender Lady vs Get In Shape For Women including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 | $51,341 - $200,594 |
Franchise Fee | $32,900 | $29,000 |
Royalty Fee | $395/495/mo. | 6% |
Advertising Fee | - | - |
Year Founded | 1996 | 2006 |
Year Franchised | 1997 | 2006 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | $4,000 off franchise fee |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING
What is the aggregate venture Required to begin a Slender Lady Fitness Franchise establishment?
A speculation of $29K - $60K is required.
Q:How much fluid capital is required?
A Slender Lady Fitness Franchise establishment requires $29,900 in fluid capital.
Q:Is financing help accessible?
Yes, financing is accessible.
Q:What experience is expected to open a Slender Lady Fitness Franchise ? Is wellness experience or deals encounter required?
While wellness, deals and business experience isn't required, it is useful. Be that as it may, the organization will gave broad preparing on the majority of the gear and advertising.
Q:Is preparing accessible?
Franchisees will get preparing at the corporate workplaces and at a Slender Lady Fitness Franchise office. Moreover, support is accessible by means of telephone or web.
Q:What showcasing help does Slender Lady Fitness Franchise give?
Progressing publicizing help, including limited time items, for example, shirts, tops, wraps and flyers.
Q:Is rent transaction help accessible?
Notwithstanding lease transaction help, Slender Lady Fitness Franchise will pick an area.
Q:What makes a Slender Lady Fitness Franchise Center unique in relation to different wellness focuses?
You will profit by furnishing your individuals with the most astounding quality, medicinally stable sustenance arranges, demonstrated practice program and wellbeing items accessible anyplace.
The open door that franchisees need to browse different operational bundles and projects makes Slender Lady Fitness Franchise a decent decision in wellness establishments.
Get In Shape For Women, a small group personal training program with 35 locations across the U.S. was founded with the purpose of empowering women through body transformation. At Get In Shape For Women there are no intimidating crowds or waiting for equipment. All GISFW workouts are delivered by appointment in a private upscale boutique fitness studio. A highly skilled personal trainer works with up to 4 women at a time, for 30 or 60 minute sessions, delivering our unique 4 component system that is scientifically proven to work: Weight Training, Cardio, Nutrition, and Accountability. Join us on this meaningful journey, where your clients become family, and every pound lost is a life impacted. Discover the First Complete Training Program For Women.
Results Start When You Do ®
Get In Shape For Women will prove to be the best fitness franchise model in the industry. The small 800-1200 square foot print keeps fixed costs down. The personalized small group training at $19-$29 per session delivers tremendous value, has a much greater market share than personal training alone, and generates more revenue per hour than personal training. I have developed this model so it can be run with the owner and one employee. You heard right, one employee working 40-50 hours per week. The owners don't train at all, they manage and grow their business. Rent and Payroll are the two largest expenses in private training studios. When you can control both of them you will have a business model that financially works.