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Updated RecentlySlim & Fit vs Red Effect Infrared Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Slim & Fit 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 | $56,100 - $132,500 | $149,500 - $1,037,500 |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | 5% down to 3% | 7% |
| Advertising Fee | 3% local | 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
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 Red Effect Infrared Fitness
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At Red Effect Infrared Fitness we provide a unique, life-changing approach to wellness.