Slender Lady vs Retro Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Slender Lady Franchise
Retro Fitness Franchise
Investment $50,000$939,250 - $1,600,500
Franchise Fee $32,900$69,000
Royalty Fee $395/495/mo.5%
Advertising Fee -2%
Year Founded 19962002
Year Franchised 19972006
Term Of Agreement 7 years10 years
Term Of Agreement 7 years10 years
Renewal Fee --


Business Experience Requirements

 
Slender Lady Franchise
Retro Fitness Franchise
Experience -Net worth requirement: $1M+ Cash liquidity requirement: $200K Business Experience: * General business experience

Financing Options

 
Slender Lady Franchise
Retro Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoNo/Yes
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/Yes
Inventory No/NoNo/Yes
Receivables No/NoNo/Yes
Payroll No/NoNo/Yes

Training & Support

 
Slender Lady Franchise
Retro Fitness Franchise
Training - On-The-Job Training: 50 hours Classroom Training: 20 hours
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesMeetings/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 slicks, National media, Regional advertisingAd Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
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)

* 25% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 20 * Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

Expansion Plans

 
Slender Lady Franchise
Retro Fitness Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion YesYes

Company Overviews

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.

About Retro Fitness

Eric Casaburi began Retro Fitness with a simple philosophy, "More fitness, Less money, by providing an exciting and inviting environment for exercising, fitting to any fitness enthusiast budget". We are actively looking for qualified entrepreneurs with the motivation and determination to build a successful business.
A qualified Retro Fitness Franchise candidate appreciates and understands excellent customer service, enjoys interacting with the general public, has a general understanding of management/budgets, has significant financial resources, and is comfortable following established business parameters. Candidates fitting these criteria are invited to take the next step in finding out if a Retro Fitness Franchise is the business opportunity for you by completing our online application. As a Retro Fitness Franchisee you will have the opportunity to reap the rewards that are produced through consistent application of our business practices that benefit our thousands of members everyday. It's an awesome time for Retro Fitness, enjoying the benefits of keeping people healthy and fit while earning a living.
 PRODUCTS AND SERVICES
A sample of some of the products and services you may offer as a Retro fitness Franchisee include:
 * Full Service Fitness Center including: 50+ pieces of various Cardiovascular equipment. Various CircuitTraining/Strength Training equipment and Free Weights.
 * RetroBlends Juice Bar
 * Personal Training Services
 * Tanning
 * Retro Cardio Movie Theatre
Veteran Incentives  10% off franchise fee

"Entrepreneur
#474 in Franchise 500 for 2020.