Slim and Tone Franchise
Friday, April 30, 2010 at 05:06AM 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
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Slim and Tone |
Phone Number: (215)321-6661 |
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? YesPlease 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.
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
Jason Rager | Comments Off | 



