|
Below is an in-depth analysis and side-by-side comparison of Slim and Tone vs Stretch U including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $40,200 - $84,700 | $49,650 - $508,306 |
Franchise Fee | $31,900 | $29,000 - $344,806 |
Royalty Fee | $395/mo. | 6% |
Advertising Fee | - | 2% |
Year Founded | 2002 | 2010 |
Year Franchised | 2002 | 2012 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | Between thirty (30) and sixty (60) days before your Unit Franchise opens for business, we provide our initial training program for Stretch U Unit Franchises to you, other members of your management team, and any agents you employ. The training program includes classroom instruction and Franchise operation and on-the-job training at either our headquarters in Oklahoma City, your Unit Franchise location, or any other location we designate, including: Stretch Training Techniques Basic Management BDP, & SOP training; financial and KPI training Sales and marketing training Software Training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
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) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | 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.
All of Stretch U’s locations are currently corporately owned stores or
licensed affiliates. We may decide to franchise in the future and if you
are interested, you can send an inquiry to [email protected].