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Below is an in-depth analysis and side-by-side comparison of Slender Lady vs Fun Bus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 | $85,500 - $160,500 |
Franchise Fee | $32,900 | $25,000 |
Royalty Fee | $395/495/mo. | 7% |
Advertising Fee | - | - |
Year Founded | 1996 | 2000 |
Year Franchised | 1997 | 2003 |
Term Of Agreement | 7 years | 5 years |
Term Of Agreement | 7 years | 5 years |
Renewal Fee | - | 50% of current franchise 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 | Yes/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks |
Operations |
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 |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
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.
It's more than an bus. It's an experience...Fun Bus is THE children's "FUN Fitness Program", with a low-cost, highly profitable operating system offering a FUN time, FUN talk and a FUN experience for everyone. The Company's foundation is solid and based on our experienced and dedicated people. We are the first to make this type of business affordable, and for that reason, our group of Franchisees will be at the forefront of an industry that just now is coming into its own. Presidents Message The children's fitness industry has exploded over the last few years and will continue to grow at a very fast pace. Our franchise package has been developed and designed to respond to childrens' wants and expectations when it comes to fun in a wholesome SAFE place. We are a new industry much like the sub sandwich shops industry was 15 years ago. As a Fun Bus Franchisee you will be in on the ground floor and staking your claim in this billion dollar industry. The Friendship Factory commitment to value and concern for safety will give you the foundation you could not possibly get - until now! A Dynamic Plan for Your Growth. By focusing our energies on quality, Fun Bus operating plan is enabling our Franchisees to increase sales, lower costs and increase cash flow, placing you in an even stronger position to succeed. In Numbers there is Strength. By becoming one of our Franchisees, you join an elite group chosen for their ability, knowledge, and a sincere desire to grow professionally. By grouping together, the benefit of numbers takes effect. This tremendous power gives you the advantage in purchasing and advertising. This strength is more important today than ever before.