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Below is an in-depth analysis and side-by-side comparison of Slim and Tone vs Xtend Barre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $40,200 - $84,700 | $162,785 - $516,870 |
Franchise Fee | $31,900 | $36,000 |
Royalty Fee | $395/mo. | 4% to 6% |
Advertising Fee | - | - |
Year Founded | 2002 | 2007 |
Year Franchised | 2002 | 2007 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | COMMITMENT - We're looking for candidates who demonstrate a commitment to their clients, craft and community. PASSION - All of our owners share a desire to improve not just their own well-being, but the well-being of their clients and staff as well. EXPERIENCE - Have you helped build or lead a high performing team or organization in the past? That experience is exactly what we like to see. STABILITY - You need both feet on the ground, before you can dance, so we like to make sure our owners have the financial stability they need to safely move forward. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
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. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING
Slim and Tone is a standout amongst the most energizing establishment openings in business today. Like never before, ladies require practice and an asylum from the anxiety they confront day by day. You can offer that shelter and be remunerated for it. Regular, ladies are understanding that eating methodologies alone don't work and that it is so imperative to work out. The question is the place and how.
Routine practice and wellbeing clubs might be promptly accessible in your general vicinity, yet these offices are not really arrangements that work for generally ladies. Many feel threatened by a co-ed office and don't have sufficient energy. Ladies of any age and wellness capacities, overweight ladies and ladies with handicaps, specifically, require a practice office that is protected, brisk, agreeable, and strong and one that meets their interesting needs. The arrangement is a women's-just wellness club! Bends for Women promoted the pattern Slim and Tone has adjusted and enhanced the idea.
Contrast the Slim and Tone bundle with others. No other contender is in a position to offer this much:
OUR USA OPPORTUNITY
As the practice division of NutriSystem, a pioneer in the weight reduction showcase, just Slim and Tone can offer you this extra income potential in your club! We have the benefit of:
The chance to get to the broad rundown of NutriSystem clients through cross showcasing programs
What's more, as a shopper items organization, NutriSystem can likewise outline items only for Slim and Tone!
The money related strength and promoting openings that an open organization offers will make an interpretation of into more accomplishment for you.
If you're anything like us... the idea of sitting behind a desk all day just doesn't feel right. You want to move. You want to be free. You want to trade that bunchy pantsuit for a comfy pair of yoga tights and hit the hardwood. You'll be in control; not just of your studio, but also of your life. Your Life on Point As a franchise owner, you will utilize and expand upon important business skills but have the freedom to set your own schedule and live a healthier, more active lifestyle. There's more than one way to bring Xtend Barre's unique energy and attitude to the barre. This is why we offer a series of innovative and dynamic programs to help our clients get their body on point. From custom Xtend Barre Pilates and Yoga programs, to Xtend Barre HIIT and TRX classes, the barre is just the beginning. Some of the resources available to new franchise owners include: * Hiring, retail and launch strategy and collateral * Comprehensive instructor training programs * Local, regional, and online continuing education programs * Sales, marketing and branding support * Launch strategy from pre-sale through grand opening * Studio staffing & management guidance You'll be able to surround yourself with engaging, like-minded individuals, who share your passion for motivating and inspiring others. The work you do will change lives and help shape the bodies and minds of countless individuals who enter your studio every day. In essence, this is more than just a great business opportunity, this is a chance to inspire, lead, motivate and take control of your life.