Start-Up Costs and Fees |
||
| ShapeXpress | Farrell's eXtreme Bodyshaping | |
| Investment | 89500 - 152000 | 130000 - 383900 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | ||
| Year Founded | 2002 | 2006 |
| Year Franchised | 2003 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ShapeXpress | Farrell's eXtreme Bodyshaping | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| ShapeXpress | Farrell's eXtreme Bodyshaping | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| ShapeXpress | Farrell's eXtreme Bodyshaping | |
| 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 | Farrell's eXtreme Bodyshaping | |
| 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 | |
| Farrell's eXtreme Bodyshaping | |
| Franchise Fee | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | |
| Royalty Fee | |
| ShapeXpress | Varies |
| Farrell's eXtreme Bodyshaping | |
| Advertising Fee | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | |
| Year Founded | |
| ShapeXpress | 2002 |
| Farrell's eXtreme Bodyshaping | 2006 |
| Year Franchised | |
| ShapeXpress | 2003 |
| Farrell's eXtreme Bodyshaping | 2007 |
| Term Of Agreement | |
| ShapeXpress | 10 years |
| Farrell's eXtreme Bodyshaping | |
| Renewal Fee | |
| ShapeXpress | $2.5K |
| Farrell's eXtreme Bodyshaping | |
Business Experience Requirements |
|
| Experience | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
| Farrell's eXtreme Bodyshaping | |
Financing Options |
|
| Franchise Fees | |
| ShapeXpress | No |
| Farrell's eXtreme Bodyshaping | No |
| Start-up Costs | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | |
| Equipment | |
| ShapeXpress} | |
| Farrell's eXtreme Bodyshaping | |
| Inventory | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | |
| Receivables | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | |
| Payroll | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | |
Training & Support |
|
| Training | |
| ShapeXpress | Ongoing |
| Farrell's eXtreme Bodyshaping | |
| Support | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Farrell's eXtreme Bodyshaping | |
| Marketing | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Farrell's eXtreme Bodyshaping | |
| 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) |
| Farrell's eXtreme Bodyshaping | |
Expansion Plans |
|
| US Expansion | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | 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 | |
| Farrell's eXtreme Bodyshaping | |
| International Expansion | |
| ShapeXpress | |
| Farrell's eXtreme Bodyshaping | |