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Jason Rager is President of Franchise Analyzer.

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Friday
Apr302010

Slim and Tone Franchise

Fitness clubs for women

Start-up Costs & Franchises Fees

What is the total cost to open a Slim and Tone Franchises?

Total Cost: $40,200-$84,700
Total Franchise Fees: $31,900
Ongoing Royalty Fees: $395/mo.
Ongoing Advertising Fees:
Term of Agreement: 5 years

Contact Information for Slim and Tone

Slim and Tone
10 Penn Valley Dr.
Yardley, PA
19067

Phone Number: (215)321-6661
Fax Number: (215)321-5677

Franchise Homepage:

Slim and Tone In the Press

No results at this time.

Historical Expansion

In what year did Slim and Tone begin operations? 2002
When did Slim and Tone begin selling franchises? 2002

Year United States Canada International Corporate
2005 121 1 4 0
2004 107 0 2 0
2003 22 0 1 0
2002 0 0 0 0
2001 Not Available Not Available Not Available Not Available

Future Expansion

United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wyoming,

Countries of Interest: Asia,

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

3rd Party Financing Available? Financing Source(s): Island Leasing Services

Training & Support

Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks

Franchise Operation Restrictions

10% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (75% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.