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Below is an in-depth analysis and side-by-side comparison of IM=X Pilates Studio vs 30 Minute Hit including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $66,000 - $150,000 | $100,550 - $165,500 |
Franchise Fee | $22,000 | $40,000 |
Royalty Fee | Varies | $500-$900/mo. |
Advertising Fee | - | - |
Year Founded | 1994 | 2004 |
Year Franchised | 2003 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal 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 | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 5 days of Physical Training/Trainer Certification, including CommunHITy integration conducted in Vancouver, Canada, 2 days of onsite Admin and Sales training. 2 Remote follow up sessions, bi-weekly Remote group training and support sessions. Annual SummHIT meeting in Vancouver, Canada. |
Support | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Web based Interactive Operations Guide and Management tools to give you instant access to all the information you need to run and grow your business, anytime, anywhere. Your HIT Dashboard includes: Operations Guide, Training Guide, Support Centre, Leads Manager, Leads Booking System, Member Manager, Franchisee Communications Centre, Email Marketing Manager, Resource Centre, Statistics Centre, Staff Manager, Webcam viewer, and much much more! All this at your fingertips no matter where your are! |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The IM=X Pilates Franchise is a turn-key business that offers chiropractors, physical therapists, sports medicine M.D.s and personal trainers a unique opportunity to enter the pilates, fitness and exercise rehabilitation industry.