elements fitness, BalanceDiet Company
At a Glance
Products & Services: Women's fitness & weight-loss products & services
Number of Locations: 15
Total Investment: $134.15K - 798.4K
Founded: 2003
Began Franchising: 2008
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 13 | 0 | 1 | 1 |
| 2010 | 9 | 0 | 0 | 14 |
| 2008 | 2 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $134,150 - $798,400
Franchise Fee: $27,900 - $59,900
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $27,900 - $59,900
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $70,000
Operations
80% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 8. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 4+ days. At franchisee's location: 2+ days. Ongoing training by phone/online
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media,
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