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Below is an in-depth analysis and side-by-side comparison of Primary Weight Loss vs Red Effect Infrared Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $142,572 - $285,472 | $149,500 - $1,037,500 |
Franchise Fee | $29,997 | $45,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | 6% | 2% |
Year Founded | - | 2016 |
Year Franchised | - | 2016 |
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 | -/- | No/Yes |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 5 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING
Revenue is generated by product sales and by coaching. Our plan gets people to come back again and again, and stay with you. We will teach you how to help others by leading them to live a healthier lifestyle, while generating income at the same time. This is a very rewarding work because it directly impacts customers' health. The start-up cost is modest, and you can be in operation in just a few weeks.