Start-Up Costs and Fees |
||
| ShapeXpress | Extreme Gym | |
| Investment | 89500 - 152000 | 75453 - 96998 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | ||
| Year Founded | 2002 | 2002 |
| Year Franchised | 2003 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ShapeXpress | Extreme Gym | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
||
| ShapeXpress | Extreme Gym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| ShapeXpress | Extreme Gym | |
| 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 | Extreme Gym | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| ShapeXpress | |
| Extreme Gym | |
| Franchise Fee | |
| ShapeXpress | |
| Extreme Gym | |
| Royalty Fee | |
| ShapeXpress | Varies |
| Extreme Gym | |
| Advertising Fee | |
| ShapeXpress | |
| Extreme Gym | |
| Year Founded | |
| ShapeXpress | 2002 |
| Extreme Gym | 2002 |
| Year Franchised | |
| ShapeXpress | 2003 |
| Extreme Gym | 0 |
| Term Of Agreement | |
| ShapeXpress | 10 years |
| Extreme Gym | |
| Renewal Fee | |
| ShapeXpress | $2.5K |
| Extreme Gym | |
Business Experience Requirements |
|
| Experience | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
| Extreme Gym | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
|
| Franchise Fees | |
| ShapeXpress | No |
| Extreme Gym | No |
| Start-up Costs | |
| ShapeXpress | |
| Extreme Gym | |
| Equipment | |
| ShapeXpress} | |
| Extreme Gym | |
| Inventory | |
| ShapeXpress | |
| Extreme Gym | |
| Receivables | |
| ShapeXpress | |
| Extreme Gym | |
| Payroll | |
| ShapeXpress | |
| Extreme Gym | |
Training & Support |
|
| Training | |
| ShapeXpress | Ongoing |
| Extreme Gym | |
| Support | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Extreme Gym | |
| Marketing | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Extreme Gym | |
| 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) |
| Extreme Gym | |
Expansion Plans |
|
| US Expansion | |
| ShapeXpress | |
| Extreme Gym | |
| Canada Expansion | |
| ShapeXpress | |
| Extreme Gym | |
| International Expansion | |
| ShapeXpress | |
| Extreme Gym | |