|
Below is an in-depth analysis and side-by-side comparison of Polestar Pilates Studio vs Eat the Frog Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $121,750 - $196,950 | $522,000 - $706,500 |
Franchise Fee | $24,900 | $39,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | 1.5% | 1% |
Year Founded | 1998 | 2015 |
Year Franchised | 2015 | 2016 |
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 | -/Yes |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | -/Yes |
Inventory | -/Yes | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | On-The-Job Training: 11 hours Classroom Training: 29 hours | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | 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 National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | 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 | Number of Employees Required to Run: 6 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | - |
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.