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Below is an in-depth analysis and side-by-side comparison of Lady of America vs Red Effect Infrared 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 | $187,000 - $452,000 | $149,500 - $1,037,500 |
Franchise Fee | $12,500 | $45,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | 2% |
Year Founded | - | 2016 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | No/Yes |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually |
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 Loyalty program/app |
Operations | - | Number of Employees Required to Run: 5 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
LOA Fitness for Women takes a comprehensive approach to the women's fitness and wellness industry. We combine the best of our proven brands along with the latest product and service offerings, while maintaining the Lady of America signature culture. LOA Fitness for Women clubs offer convenient and exciting group fitness classes, a unique aerobics floor, "pin-select" strength training equipment, personal training, cardio equipment, our world famous Circuit Training utilizing our specially designed equipment, nutritional advice and product sales through TrimWorks(r), child care, a changing room with lockers and showers and spa services.