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Below is an in-depth analysis and side-by-side comparison of Curves vs Physique 57 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $115,600 - $243,200 | $284,537 - $615,551 |
Franchise Fee | $39,900 | $50,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | - |
Year Founded | 1992 | 2005 |
Year Franchised | 1995 | 2019 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | At regional meetings (full day), convention (3 days), local events (1 day) | On-The-Job Training: 40-185 hours Classroom Training: 45-100 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Grand Opening Security/Safety Procedures Field Operations Site Selection |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |