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Below is an in-depth analysis and side-by-side comparison of Hy-Tech Weight Loss vs Tutu School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $44,100 - $117,500 | $73,700 - $135,200 |
Franchise Fee | N/A | $36,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | 2004 | 2008 |
Year Franchised | 2005 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 74 hours Classroom Training: 17 hours |
Support | - | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | Ad Templates Regional Advertising Social media Website development Email marketing |
Operations | - | Number of Employees Required to Run: 2 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING