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Below is an in-depth analysis and side-by-side comparison of LA Weight Loss Centers vs Fernwood Women's Health Clubs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $67,200 - $120,400 | $500,000 - And Up |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1989 | 1989 |
Year Franchised | 1998 | 1993 |
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 | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | � Three weeks comprehensive program � E-learning modules � This includes one week at National Support Office and two weeks in club � Ongoing in-club support & training |
Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | Yes |