Start-Up Costs and Fees |
||
| Ellipse Fitness | Team Spirit Fitness Centers | |
| Investment | 80000 - 120000 | 69000 - 69000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | ||
| Year Founded | 2002 | 2002 |
| Year Franchised | 2006 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ellipse Fitness | Team Spirit Fitness Centers | |
| Experience | ||
Financing Options |
||
| Ellipse Fitness | Team Spirit Fitness Centers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ellipse Fitness | Team Spirit Fitness Centers | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 days | |
| Support | ||
| Marketing | ||
| Operations | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Ellipse Fitness | Team Spirit Fitness Centers | |
| 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 | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Franchise Fee | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Royalty Fee | |
| Ellipse Fitness | 5% |
| Team Spirit Fitness Centers | 6% |
| Advertising Fee | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Year Founded | |
| Ellipse Fitness | 2002 |
| Team Spirit Fitness Centers | 2002 |
| Year Franchised | |
| Ellipse Fitness | 2006 |
| Team Spirit Fitness Centers | 2004 |
| Term Of Agreement | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | 5 years |
| Renewal Fee | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
Business Experience Requirements |
|
| Experience | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
Financing Options |
|
| Franchise Fees | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Start-up Costs | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Equipment | |
| Ellipse Fitness} | |
| Team Spirit Fitness Centers | |
| Inventory | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Receivables | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Payroll | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
Training & Support |
|
| Training | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Support | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Marketing | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| Operations | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Team Spirit Fitness Centers | |
| Canada Expansion | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |
| International Expansion | |
| Ellipse Fitness | |
| Team Spirit Fitness Centers | |