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Below is an in-depth analysis and side-by-side comparison of Slender Lady vs Club Pilates 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 | $178,000 - $365,200 |
Franchise Fee | $32,900 | $60,000 |
Royalty Fee | $395/495/mo. | 7% |
Advertising Fee | - | 2% |
Year Founded | 1996 | 2007 |
Year Franchised | 1997 | 2012 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | At Club Pilates, we're looking for franchise owners who are outgoing, results oriented, eager to learn the Pilates industry and have sales, marketing and/or management experience. A person who can build strong relationships, lead a team, and is committed to building the brand and driven to success. You'll need a minimum of $80k in liquid capital, and be ready to DO PILATES. DO LIFE! |
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 | - | You’ll attend a 3-day training course at our corporate headquarters in Costa Mesa, California along with an annual Franchise Convention and ongoing weekly support. Ongoing web-based and in person training. Private class training, instructor training and general manager training. On-The-Job Training: 2 hours Classroom Training: 44 hours Additional Training: Instructor training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Pre-Opening Support Real Estate: Our dedicated staff will help you in the site selection and lease negotiation to find the ideal site for your Club Pilates Franchise. Finance: Our Finance team will provide assistance in loan processing through the SBA and preferred financiers. Site Build Support: You’ll be walked through the entire build out process from corporate approved layout and general construction to interior design and on-site security & technology. Sales: Get introduced to our sales process, retail range and POS system to drive sales from the start. Marketing: The minute you sign your lease agreement, the marketing of your location begins, with personalized support to set up social media, marketing materials and all means of generating website traffic and memberships. Recruitment: Receive assistance hiring the most qualified instructors, general managers and sales associates. To compliment this, our Certified Club Pilates Teacher Training Program ensures a seamless on boarding process for Pilates instructors new to our unique Pilates method. Comprehensive Training: You’ll attend a 3-day training course at our corporate headquarters in Costa Mesa, California along with an annual Franchise Convention and ongoing weekly support. Ongoing Personalized Support Ongoing web-based and in person training Sales, marketing & operations tools and resources accessible online 24 hours and the ability to communicate with and learn from other franchisees. Branding and marketing support with monthly materials developed for your studio. Monthly marketing updates and performance reporting. Purchasing Co-ops Newsletter Meetings/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 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) | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 8 |
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.