Fitness Together vs Slender Lady Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fitness Together vs Slender Lady including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Fitness Together Franchise
Slender Lady Franchise
Investment $189,162 - $328,576$50,000
Franchise Fee $39,900$32,900
Royalty Fee 6%$395/495/mo.
Advertising Fee 2%-
Year Founded 19841996
Year Franchised 19961997
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee 25% of current franchise fee-


Business Experience Requirements

 
Fitness Together Franchise
Slender Lady Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Fitness Together Franchise
    Slender Lady Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Fitness Together Franchise
    Slender Lady Franchise
    Training Classroom Training: 40 hours -
    Support Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op advertising, Ad slicks, National media, Regional advertising
    Operations International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)


    Expansion Plans

     
    Fitness Together Franchise
    Slender Lady Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Fitness Together

    Established by Rick Sikorski in 1983, Fitness Together offers individual instructional courses to customers between the ages of 15 and 80. The organization, which started diversifying in 1996, works diversified studios over the United States.

    Best 5 reasons why you ought to consider owning a Fitness Together establishment:

    - A one of a kind private preparing idea
    - Solid establishment bolster with more than 30 years involvement in the individual preparing industry.
    - Set up working frameworks that use best business hones.
    - The chance to change lives with enhanced wellness and wellbeing

    - Proposals for showcasing and advancement of your studio

    The total investment necessary to begin operation of a Fitness Together studio ranges from $189,162 to $328,576. This includes $43,559 to $48,559 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin operation of a Fitness Together area development franchise ranges from $79,800 (for a 2-studio commitment) to $299,000 (for a 10-studio commitment). This entire amount must be paid to the franchisor.

    VetFran incentive - 20% off the initial franchise fee

    About Slender Lady

    NO LONGER FRANCHISING

    What is the aggregate venture Required to begin a Slender Lady Fitness Franchise establishment?

    A speculation of $29K - $60K is required.

    Q:How much fluid capital is required?

    A Slender Lady Fitness Franchise establishment requires $29,900 in fluid capital.

    Q:Is financing help accessible?

    Yes, financing is accessible.

    Q:What experience is expected to open a Slender Lady Fitness Franchise ? Is wellness experience or deals encounter required?

    While wellness, deals and business experience isn't required, it is useful. Be that as it may, the organization will gave broad preparing on the majority of the gear and advertising.

    Q:Is preparing accessible?

    Franchisees will get preparing at the corporate workplaces and at a Slender Lady Fitness Franchise office. Moreover, support is accessible by means of telephone or web.

    Q:What showcasing help does Slender Lady Fitness Franchise give?

    Progressing publicizing help, including limited time items, for example, shirts, tops, wraps and flyers.

    Q:Is rent transaction help accessible?

    Notwithstanding lease transaction help, Slender Lady Fitness Franchise will pick an area.

    Q:What makes a Slender Lady Fitness Franchise Center unique in relation to different wellness focuses?

    You will profit by furnishing your individuals with the most astounding quality, medicinally stable sustenance arranges, demonstrated practice program and wellbeing items accessible anyplace.

    The open door that franchisees need to browse different operational bundles and projects makes Slender Lady Fitness Franchise a decent decision in wellness establishments.