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Below is an in-depth analysis and side-by-side comparison of Slim & Fit vs FIT4MOM including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $56,100 - $132,500 | $6,905 - $26,385 |
Franchise Fee | $30,000 | $6,495 - $12,395 |
Royalty Fee | 5% down to 3% | 2% - To maintain your franchise, you'll pay monthly maintenance fees between $214 - $424 |
Advertising Fee | 3% local | $10 - $30 |
Year Founded | - | 2001 |
Year Franchised | - | 2005 |
Term Of Agreement | - | 3 Year |
Term Of Agreement | - | 3 Year |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Fitness background is a plus, but not a requirement! We will train you! |
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 | - | Web-bases on-boarding business training (required for new franchisees), Online business training's to help you grow your business (offered 2-3 times a month), Monthly instructor hangouts with our National Fitness director, Monthly virtual"coffee-chat's" with Lisa Druxman, owner and founder of FIT4MOM, Exercise & workout database, online files & resources for franchisees and instructors, Marketing & Planning calendar, Live Franchise Support team, Mentor program, Personal Business Coach. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.
Owning a FIT4MOM franchise allows you to have the best of both worlds -- to become a successful business owner and have a career that is supportive of motherhood.
But the most rewarding part of being a FIT4MOM owner can only be described in one word: IMPACT. As a small business owner, you have the power to change the lives of women in your community Every. Single. Day.
Does this sound like the right fit for you?