Start-Up Costs and Fees |
||
| Healthy Inspirations | Ellipse Fitness | |
| Investment | 75000 - 375000 | 80000 - 120000 |
| Franchise Fee | ||
| Royalty Fee | $395/mo. | 5% |
| Advertising Fee | ||
| Year Founded | 2000 | 2002 |
| Year Franchised | 2004 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Healthy Inspirations | Ellipse Fitness | |
| Experience | General business experience | |
Financing Options |
||
| Healthy Inspirations | Ellipse Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Healthy Inspirations | Ellipse Fitness | |
| Training | ||
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Healthy Inspirations | Ellipse Fitness | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Healthy Inspirations | |
| Ellipse Fitness | |
| Franchise Fee | |
| Healthy Inspirations | |
| Ellipse Fitness | |
| Royalty Fee | |
| Healthy Inspirations | $395/mo. |
| Ellipse Fitness | 5% |
| Advertising Fee | |
| Healthy Inspirations | |
| Ellipse Fitness | |
| Year Founded | |
| Healthy Inspirations | 2000 |
| Ellipse Fitness | 2002 |
| Year Franchised | |
| Healthy Inspirations | 2004 |
| Ellipse Fitness | 2006 |
| Term Of Agreement | |
| Healthy Inspirations | 10 years |
| Ellipse Fitness | |
| Renewal Fee | |
| Healthy Inspirations | $2.5K or 20% of franchise fee |
| Ellipse Fitness | |
Business Experience Requirements |
|
| Experience | |
| Healthy Inspirations | General business experience |
| Ellipse Fitness | |
Financing Options |
|
| Franchise Fees | |
| Healthy Inspirations | No |
| Ellipse Fitness | No |
| Start-up Costs | |
| Healthy Inspirations | |
| Ellipse Fitness | |
| Equipment | |
| Healthy Inspirations} | |
| Ellipse Fitness | |
| Inventory | |
| Healthy Inspirations | |
| Ellipse Fitness | |
| Receivables | |
| Healthy Inspirations | |
| Ellipse Fitness | |
| Payroll | |
| Healthy Inspirations | |
| Ellipse Fitness | |
Training & Support |
|
| Training | |
| Healthy Inspirations | |
| Ellipse Fitness | |
| Support | |
| Healthy Inspirations | Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Ellipse Fitness | |
| Marketing | |
| Healthy Inspirations | Ad slicks |
| Ellipse Fitness | |
| Operations | |
| Healthy Inspirations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Ellipse Fitness | |
Expansion Plans |
|
| US Expansion | |
| Healthy Inspirations | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| 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 | |
| Healthy Inspirations | 0 |
| Ellipse Fitness | |
| International Expansion | |
| Healthy Inspirations | |
| Ellipse Fitness | |