Start-Up Costs and Fees |
||
| ShapeXpress | Ellipse Fitness | |
| Investment | 89500 - 152000 | 80000 - 120000 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | 5% |
| Advertising Fee | ||
| Year Founded | 2002 | 2002 |
| Year Franchised | 2003 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ShapeXpress | Ellipse Fitness | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| ShapeXpress | Ellipse Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| ShapeXpress | Ellipse Fitness | |
| Training | Ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | |
Expansion Plans |
||
| ShapeXpress | 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 | |
| ShapeXpress | |
| Ellipse Fitness | |
| Franchise Fee | |
| ShapeXpress | |
| Ellipse Fitness | |
| Royalty Fee | |
| ShapeXpress | Varies |
| Ellipse Fitness | 5% |
| Advertising Fee | |
| ShapeXpress | |
| Ellipse Fitness | |
| Year Founded | |
| ShapeXpress | 2002 |
| Ellipse Fitness | 2002 |
| Year Franchised | |
| ShapeXpress | 2003 |
| Ellipse Fitness | 2006 |
| Term Of Agreement | |
| ShapeXpress | 10 years |
| Ellipse Fitness | |
| Renewal Fee | |
| ShapeXpress | $2.5K |
| Ellipse Fitness | |
Business Experience Requirements |
|
| Experience | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
| Ellipse Fitness | |
Financing Options |
|
| Franchise Fees | |
| ShapeXpress | No |
| Ellipse Fitness | No |
| Start-up Costs | |
| ShapeXpress | |
| Ellipse Fitness | |
| Equipment | |
| ShapeXpress} | |
| Ellipse Fitness | |
| Inventory | |
| ShapeXpress | |
| Ellipse Fitness | |
| Receivables | |
| ShapeXpress | |
| Ellipse Fitness | |
| Payroll | |
| ShapeXpress | |
| Ellipse Fitness | |
Training & Support |
|
| Training | |
| ShapeXpress | Ongoing |
| Ellipse Fitness | |
| Support | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Ellipse Fitness | |
| Marketing | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Ellipse Fitness | |
| Operations | |
| ShapeXpress | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) |
| Ellipse Fitness | |
Expansion Plans |
|
| US Expansion | |
| ShapeXpress | |
| 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 | |
| ShapeXpress | |
| Ellipse Fitness | |
| International Expansion | |
| ShapeXpress | |
| Ellipse Fitness | |