|
Below is an in-depth analysis and side-by-side comparison of Rejuvenate Health Fitness Medspa vs Polestar Pilates Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $38,149 - $396,499 | $121,750 - $196,950 |
Franchise Fee | $19,999 | $24,900 |
Royalty Fee | Greater of $499 or 7% | 6% |
Advertising Fee | - | 1.5% |
Year Founded | - | 1998 |
Year Franchised | - | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | * Classroom Training * Weekly Conference Call Training * On-site Club Training with One on One Assistance * Pre-training Prior to Rejuvenate University * Regional Training Seminars * Web-Based Training | On-The-Job Training: 11 hours Classroom Training: 29 hours |
Support | * Marketing/Advertising * Pre-Sale Coordination and Launching of your Club * Operation of the Club * Implementation of all Revenue Sources * Membership Sales * Prospecting Tools * Equipment training | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING
Franchising allows you to be in control of your own destiny with a proven successful system developed by experts. You will continuously receive operational support and on-going training support. You have a "Partner" in your business to help you every step of the way.
The fitness franchise industry continues to flourish. Between the years 2000 and 2005 IHRSA (International Health, Racquet, and Sportsclub Association) shows a 144% positive growth in the franchise fitness industry. There has also been an explosive unit growth of small format clubs in the franchising industry. Club Industry's Fitness Business Magazine stated that "Smaller format clubs tend to have more convenient locations and focus on a particular customer niche-women only, one on one training, and fitness only".
Polestar is an International authority with educators across 50 countries and education facilities in over 28 countries. Polestar has developed a low-cost, high-return business model for entrepreneurs and aspiring studio owners to meet the demands created by increasing health awareness and interests.