Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Ellipse Fitness | |
| Investment | 124500 - 195300 | 80000 - 120000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 5% |
| Advertising Fee | ||
| Year Founded | 2003 | 2002 |
| Year Franchised | 2005 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Ellipse Fitness | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | Ellipse Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Ellipse Fitness | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| 21 Minute Convenience Fitness | Ellipse Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Ellipse Fitness | 5% |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Ellipse Fitness | 2002 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Ellipse Fitness | 2006 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Ellipse Fitness | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Ellipse Fitness | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Ellipse Fitness | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Ellipse Fitness | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Ellipse Fitness | |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Ellipse Fitness | |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Ellipse Fitness | |
| Operations | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
| Ellipse Fitness | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Ellipse Fitness | |