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Below is an in-depth analysis and side-by-side comparison of Bally Total Fitness vs Star Lady 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 | $1,000,000 - $2,500,000 | $33,500 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | $2/member |
Advertising Fee | - | - |
Year Founded | 1962 | 2003 |
Year Franchised | 1997 | 2003 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | $1000 |
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 |
Start-up Costs | -/- | No/No |
Equipment | -/- | No/No |
Inventory | -/- | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | - | At franchisee's location: 3-4 days |
Support | - | - |
Marketing | - | - |
Operations | - | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
NO LONGER FRANCHISING