Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Look Good Naked | |
| Investment | 124500 - 195300 | 6367 - 21100 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 20% (up to 10% available in performance and quality rebates) |
| Advertising Fee | $15 /mo. | |
| Year Founded | 2003 | 2004 |
| Year Franchised | 2005 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Look Good Naked | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | Look Good Naked | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Look Good Naked | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Since your success is directly tied to our success, whether it's your first business or your last business, our support team is there to help you achieve the results you're looking for in a business. Franchisees will learn how to construct a business and marketing plan based on the size of business you want to run and then we'll coach you along the way to help you get there. Franchisees receive weekly education and training for ongoing development, plus we provide the educational tools and support needed for all LGN participants. |
| 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 | Look Good Naked | |
| 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 | |
| Look Good Naked | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Look Good Naked | 20% (up to 10% available in performance and quality rebates) |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | $15 /mo. |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Look Good Naked | 2004 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Look Good Naked | 2013 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Look Good Naked | 3 years |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Look Good Naked | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Look Good Naked | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Look Good Naked | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Look Good Naked | |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Look Good Naked | Since your success is directly tied to our success, whether it's your first business or your last business, our support team is there to help you achieve the results you're looking for in a business. Franchisees will learn how to construct a business and marketing plan based on the size of business you want to run and then we'll coach you along the way to help you get there. Franchisees receive weekly education and training for ongoing development, plus we provide the educational tools and support needed for all LGN participants. |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Look Good Naked | |
| 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. |
| Look Good Naked | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | 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 | |
| Look Good Naked | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Look Good Naked | |