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Below is an in-depth analysis and side-by-side comparison of Slender Lady vs Gymguyz 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 | $87,000 - $140,001 |
Franchise Fee | $32,900 | $35,000 |
Royalty Fee | $395/495/mo. | 6% |
Advertising Fee | - | 2% |
Year Founded | 1996 | 2008 |
Year Franchised | 1997 | 2008 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | You do not need experience. We will train you on how to manage your business and hire professional trainers. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 16 hours Classroom Training: 40 hours Additional Training: Ongoing |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *Newsletter *Meetings/Conventions *Toll-Free Line *Grand Opening *Online Support *Security/Safety Procedures *Field Operations *Proprietary Software *Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | *Co-op Advertising *Ad Templates *National Media *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) | Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | 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.
GYMGUYZ is a mobile personal training and fitness company founded in 2008.
Now you can join GYMGUYZ in this growing and fast paced industry, with the first mobile fitness franchise.
Own a GYMGUYZ and we will help you shape your future.
Training to be a GYMGUYZ Franchisee includes:
The proven GYMGUYZ System
Pre-opening marketing & finding clients
Daily Operations and Processes
Financial controls & Point-of-Sale
On-going Marketing & Advertising techniques to develop your business
The first mobile, personal training and fitness franchise!
GYMGUYZ is Unique!
GYMGUYZ is not like any other gym or fitness program:
No membership fees
Every client receives a personal phone call on their Birthday
Daily text messages and email follow ups
First visit is always free & includes three assessments:
A Body Assessment
A Fitness Assessment
A Nutrition Assessment
Every client receives their own individualized fitness program
All clients are re-assessed every 15 weeks giving our franchisees the opportunity to
re-engage the client update programs to suit the client’s personal training needs
and ensure that the client is going to reach their personal goals