| ||||
Updated RecentlySlim & Fit vs Xtend Barre Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Slim & Fit vs Xtend Barre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $56,100 - $132,500 | $162,785 - $516,870 |
| Franchise Fee | $30,000 | $36,000 |
| Royalty Fee | 5% down to 3% | 4% to 6% |
| Advertising Fee | 3% local | - |
| Year Founded | - | 2007 |
| Year Franchised | - | 2007 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | COMMITMENT - We're looking for candidates who demonstrate a commitment to their clients, craft and community. PASSION - All of our owners share a desire to improve not just their own well-being, but the well-being of their clients and staff as well. EXPERIENCE - Have you helped build or lead a high performing team or organization in the past? That experience is exactly what we like to see. STABILITY - You need both feet on the ground, before you can dance, so we like to make sure our owners have the financial stability they need to safely move forward. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Slim & Fit
The health and fitness market is highly fragmented. There is substantial opportunity for sustained growth within this segment which in itself is a Multi-Billion Dollar Booming Industry. Current health care legislation will focus even more attention on those overweight as obesity is quickly replacing smoking as the public health enemy number one of the future. Weight loss alone in the United States is a $100+ billion dollar industry annually. It is estimated that more than 2 our of 3 Americans are 30+ pounds overweight. Industry Growth in servicing the demand in this sector is projected to $500 million in the next 4 years from over 100 million potential new customers. We are looking for franchisees to help us "go out and get the country in great shape." We encourage you to review this entire website as it contains information about our business system as well as our product and service offerings. Once you have reviewed our website, it will be time to speak with our sales and marketing staff to help you qualify to become one of our franchisees.
About Xtend Barre
If you're anything like us... the idea of sitting behind a desk all day just doesn't feel right. You want to move. You want to be free. You want to trade that bunchy pantsuit for a comfy pair of yoga tights and hit the hardwood. You'll be in control; not just of your studio, but also of your life. Your Life on Point As a franchise owner, you will utilize and expand upon important business skills but have the freedom to set your own schedule and live a healthier, more active lifestyle. There's more than one way to bring Xtend Barre's unique energy and attitude to the barre. This is why we offer a series of innovative and dynamic programs to help our clients get their body on point. From custom Xtend Barre Pilates and Yoga programs, to Xtend Barre HIIT and TRX classes, the barre is just the beginning. Some of the resources available to new franchise owners include: * Hiring, retail and launch strategy and collateral * Comprehensive instructor training programs * Local, regional, and online continuing education programs * Sales, marketing and branding support * Launch strategy from pre-sale through grand opening * Studio staffing & management guidance You'll be able to surround yourself with engaging, like-minded individuals, who share your passion for motivating and inspiring others. The work you do will change lives and help shape the bodies and minds of countless individuals who enter your studio every day. In essence, this is more than just a great business opportunity, this is a chance to inspire, lead, motivate and take control of your life.