|
Below is an in-depth analysis and side-by-side comparison of Jazzercise vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $2,405 - $17,155 | $188,070 - $351,885 |
Franchise Fee | $1,250 | $129,500 |
Royalty Fee | to 20% | $550/mo. |
Advertising Fee | - | - |
Year Founded | 1977 | 2016 |
Year Franchised | 1983 | 2017 |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Ongoing, self-directed Seminars | - |
Support | 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 | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
Franchise can be run from home. 1% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Judi Sheppard Missett, who transformed her adoration for jazz move into an overall move practice marvel, established the Jazzercise move work out regime in 1969. For a long time, Judi has propelled the business chances of ladies and men in the wellness business by developing the program into a worldwide establishment business that today, has a system of 7,800 franchisees in every one of the 50 states and 32 nations.
Every hour long Jazzercise bunch wellness class offers clients a demonstrated and successful aggregate body workout highlighting a combination of jazz move, resistance preparing, Pilates, yoga, kickboxing, and Latin-style developments set to prominent music. The program has emphatically influenced a huge number of individuals around the world.
A Jazzercise Fitness Franchise Offers:
Overall Brand Recognition - In today's constantly changing wellness scene, Jazzercise has offered a feasible superb work out schedule that has stayed at the cutting edge of the wellness business for a long time.
Strong Network - More than 7,800 teacher franchisees show Jazzercise with a lot of space for development in existing and developing markets. Proceeded with Growth - While wellness prevailing fashions have traveled every which way, Jazzercise keeps on being at the beat purpose of the wellness business with nine sequential years of framework wide deals development.
Beat Franchise Ranking - Jazzercise positions as the #1 wellness establishment on Entrepreneur Magazine's prestigious Franchise 500 rundown for 2011; Jazzercise positioned #17 in general; #4 in the magazine's locally situated business and ease classifications; #15 on the worldwide establishment list and #21 in the quickest developing establishment class.
New Moves, New Music, Pure Motivation - Jazzercise originator and wellness pioneer Judi Sheppard Missett choreographs new schedules like clockwork to the most recent hot music.
Fluctuated Class Formats - Beyond the mark Jazzercise class, extra configurations are offered: Jazzercise Body Sculpting for concentrated muscle conditioning and Jazzercise Express for those short on time; Jazzercise Lite elements low effect developments; and Junior Jazzercise keeps kids moving.
Corporate Support - Jazzercise gives restrictive showcasing plans including the full administration Franchise Zone, where franchisees can use front line business devices and data that is redesigned every day.
Key Alliances - Corporate collusions give increased the value of clients and improve mark acknowledgment.
The Jazzercise wellness attire line, Jazzertogs, debuts nine inventories for every year.
Big name Spokesperson - Jazzercise has collaborated with Cheryl Burke, two-time champion of ABC-TV's #1 evaluated appear, "Hitting the dance floor with the Stars." She fills in as a Jazzercise representative in an assortment of promoting efforts.
Jazzercise Offers Two Franchise Opportunities - A teacher establishment offers the chance to claim your own business while remaining fit and upgrading the lives of others through practice and move; a business establishment is for those that need to possess and oversee classes educated by contracted Jazzercise-guaranteed Instructors.
Ease - The underlying Jazzercise establishment expense is $1,000 in the U.S. furthermore, $500 in different nations.