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Below is an in-depth analysis and side-by-side comparison of Slim and Tone vs Snap Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $40,200 - $84,700 | $144,798 - $478,762 |
Franchise Fee | $31,900 | $29,500 |
Royalty Fee | $395/mo. | $580/mo. |
Advertising Fee | - | $275/mo. |
Year Founded | 2002 | 2003 |
Year Franchised | 2002 | 2004 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | "What I want is somebody who is a fitness nut: a personal trainer, somebody who comes from running a health club themselves. The economics of it are second to me." - Joey Aunan, franchise development director |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | Yes/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | On-The-Job Training: Ongoing Classroom Training: 30 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
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. (75% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING
Slim and Tone is a standout amongst the most energizing establishment openings in business today. Like never before, ladies require practice and an asylum from the anxiety they confront day by day. You can offer that shelter and be remunerated for it. Regular, ladies are understanding that eating methodologies alone don't work and that it is so imperative to work out. The question is the place and how.
Routine practice and wellbeing clubs might be promptly accessible in your general vicinity, yet these offices are not really arrangements that work for generally ladies. Many feel threatened by a co-ed office and don't have sufficient energy. Ladies of any age and wellness capacities, overweight ladies and ladies with handicaps, specifically, require a practice office that is protected, brisk, agreeable, and strong and one that meets their interesting needs. The arrangement is a women's-just wellness club! Bends for Women promoted the pattern Slim and Tone has adjusted and enhanced the idea.
Contrast the Slim and Tone bundle with others. No other contender is in a position to offer this much:
OUR USA OPPORTUNITY
As the practice division of NutriSystem, a pioneer in the weight reduction showcase, just Slim and Tone can offer you this extra income potential in your club! We have the benefit of:
The chance to get to the broad rundown of NutriSystem clients through cross showcasing programs
What's more, as a shopper items organization, NutriSystem can likewise outline items only for Slim and Tone!
The money related strength and promoting openings that an open organization offers will make an interpretation of into more accomplishment for you.
Thanks for your interest in owning a Snap Fitness franchise. If you are looking for a proven, affordable and trail-blazing concept in a growing industry, you've come to the right place!
Today more than ever, people know it's important to be fit. Their challenge is squeezing exercise into busy lives. With Snap Fitness, you provide the solution, bringing fast, convenient and affordable workouts into their neighborhoods - minutes from their doorsteps - with your own compact, 24/7 state-of-the-art fitness center.
The Industry's Fastest-Growing Fitness Franchisor
Our first club opened in 2004. Today, with more than 1,500 sold in the United States and Canada, we rank #1 on Franchise Market Magazine's Top 100 New Franchises* and #3 among Entrepreneur Magazine's Top New Franchises**.
A Snap Fitness franchise is easy to afford, easy to manage - 70% of our franchisees are absentee owners - and easy to market.
As important, you'll find us to be trustworthy partners. Our success is driven by a single-minded focus to make YOU successful and Christian principles that guide us to treat everyone with dignity, respect and fairness.
Take Your First Step Towards Freedom and Fulfillment
We invite you to take a close look at us as an opportunity to turn wellness into wealth and to live your dream with a degree of freedom and flexibility not possible in the traditional work world.
We stand ready to help you determine if a Snap Fitness franchise is right for you. You can contact a sales consultant right now. Thanks again for stopping by, and - be well.