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Below is an in-depth analysis and side-by-side comparison of Slender Lady vs Soldierfit 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 | $144,950 - $305,495 |
Franchise Fee | $32,900 | $30,000 |
Royalty Fee | $395/495/mo. | 7% |
Advertising Fee | - | - |
Year Founded | 1996 | 2007 |
Year Franchised | 1997 | 2015 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Prior experience in the fitness industry may be helpful, but is not a requirement. The ideal candidate will have an interest in fitness and the desire to help people in their communities to get fit. We also prefer franchise owners who will be directly involved in the full-time operations and growth of their Soldierfit franchises. In turn, we'll provide the support franchisees need to run their businesses. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | We provide comprehensive training in critical areas, including business management, sales and member retention, fitness training programs, equipment purchasing and usage, hiring and retaining staff, marketing and promotional activities, and much more. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Our highly skilled and experienced corporate team is fully committed to helping you build and boost your business. And we will be available to you via phone, text, or email to answer your questions, troubleshoot, or discuss your business' progress and future. And of course we will conduct periodic visits to provide ongoing advice and counsel to help you continue to grow your business the Soldierfit way. |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | You'll get our expert guidance with advertising, promotions, social media and more. Our corporate website helps drive business to your local franchise 24/7. Plus, you'll benefit from combined franchisee dollars in our system-wide marketing fund. |
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 | - |
International Expansion | Yes | - |
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.
Why a Soldierfit Franchise Be in business for yourself, not by yourself. The military says it best with their slogan, "one fight one team". At Soldierfit, our strength is your strength. And from the day you sign your franchise agreement our in-house support team is there with you every step of the way Market-Tested, Streamlined Business Model We are a multi-unit operation with established standards, procedures, programs, and policies already in place so you can focus on building your client base and revenue right from the start. Confidential Operations Manual We will provide and train you on our proprietary guide detailing daily operating procedures and important business functions. The manual will be a vital tool for your daily and ongoing operations and will help ensure you have the information and tools needed to uphold the Soldierfit standards. Site Selection and Buildout We will be there right from the start with site selection and lease negotiating assistance. Our dedicated project management team will help you with the planning and execution of your facility build out from start to finish from fixture specifications to set up assistance. We know what it takes to build a Soldierfit location and make it work and we want to help you do the same. Grand Opening Support We provide you with a grand opening checklist as well as pre-opening marketing strategies so that your location can explode onto the scene. Not only that but given those tools you have the potential to have members and revenues before you even open the doors. We will also be on site with you on your big day! Vendor Discounts You'll have access to our approved vendors and will benefit from our pre-established group purchasing discounts.