Slim & Fit vs Profile by Sanford Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Slim & Fit vs Profile by Sanford including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Slim & Fit Franchise
Profile by Sanford Franchise
Investment $56,100 - $132,500$388,500 - $634,500
Franchise Fee $30,000$49,500
Royalty Fee 5% down to 3%5%
Advertising Fee 3% local2%
Year Founded -2012
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Slim & Fit Franchise
Profile by Sanford Franchise
Experience --

Financing Options

 
Slim & Fit Franchise
Profile by Sanford Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Slim & Fit Franchise
Profile by Sanford Franchise
Training - On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Number of Employees Required to Run: 5

Expansion Plans

 
Slim & Fit Franchise
Profile by Sanford Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Slim & Fit

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.

About Profile by Sanford

Profile by Sanford is a comprehensive weight loss and weight management program designed by the physicians and experts at Sanford Health. The program utilizes a certified health coach and offers integrated technology and meal replacement products to provide members with a solution for nutrition, activity, and lifestyle changes. Be part of the $20+ billion weight loss industry, helping nearly 70% of Americans who are overweight.
 * Align with an evidence-based program designed by physicians and scientists with proven results
 * Be backed by Sanford Health, the largest rural non-profit health system in the nation
 *Join an organization that's focused on preventative medicine and bettering the lives of its members.
 *Real estate site selection consultation.
 *Ongoing operations and management support
 *Staff training and certification program.
 *Assistance and access to promotions and marketing campaigns.

 *Technology software and IT System support.

Do What You Love. Change Lives

The total investment necessary to begin operation of a single PROFILE SANFORD franchise ranges from $388,500 to $634,500 for a stand-alone store, and from $183,000 to $334,200 for an in-facility store. This includes $183,000 to $334,200 for a stand-alone store, and $123,000 to $158,200 for an in-facility store, that must be paid to the franchisor or affiliate.
Veteran Incentives  $5,000 off franchise fee

#39 in Franchise 500 for 2021. (First time on Franchise 500)