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