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Below is an in-depth analysis and side-by-side comparison of Ellipse Fitness vs Slim & Fit including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $80,000 - $120,000 | $56,100 - $132,500 |
Franchise Fee | $29,000 | $30,000 |
Royalty Fee | 5% | 5% down to 3% |
Advertising Fee | - | 3% local |
Year Founded | 2002 | - |
Year Franchised | 2006 | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
With combined annual revenue of $15 billion dollars, the fitness industry is hot! We would like to introduce to you, Ellipse Fitness, a different kind of fitness franchise. We're not a 30 minute circuit, not your typical gym. Ellipse provides members a unique "classes only" concept and a state-of-the-art nutrition program, both results driven! Unlike competitor fitness concepts, Ellipse provides both fitness and weight loss, and does them well. With unpublished, unannounced and ever changing classes, exercise programs for all fitness levels, and personalized weight loss, Ellipse has created an amazing niche in the industry. We offer our core program of 7 class times a day. We also offer an AMP'D program of super high-intensity classes. When you join our team you will quickly see that the same passion, dedication, honesty and enthusiasm that we began Ellipse with, has been poured into supporting our franchisees. We are experienced, trained, fitness certified, and ready to bring you the benefits of being part of an established team and a recognized brand. History The first Ellipse Fitness was founded in 2002 because the company saw a need for a facility that specialized in personal attention and goals, rather than weights and equipment. In 2004 Ellipse opened a second location to test the franchise systems. In September 2006 the company began selling franchises, and in January 2007 the first franchise location opened in WI. Ellipse now has several locations in the Midwest and is prepared to go national. Our current franchisees will attest to the fact that this system works! The weight loss and fitness industry has never been in a better position to change the world!
The health and fitness market is highly fragmented. There is substantial opportunity for sustained growth within this segment which in itself is a Multi-Billion Dollar Booming Industry. Current health care legislation will focus even more attention on those overweight as obesity is quickly replacing smoking as the public health enemy number one of the future. Weight loss alone in the United States is a $100+ billion dollar industry annually. It is estimated that more than 2 our of 3 Americans are 30+ pounds overweight. Industry Growth in servicing the demand in this sector is projected to $500 million in the next 4 years from over 100 million potential new customers. We are looking for franchisees to help us "go out and get the country in great shape." We encourage you to review this entire website as it contains information about our business system as well as our product and service offerings. Once you have reviewed our website, it will be time to speak with our sales and marketing staff to help you qualify to become one of our franchisees.