Get In Shape For Women

#213

At a Glance

Products & Services: Small-group personal training for women

Number of Locations: 102

Total Investment: $51.34K - 200.59K

Founded: 2006

Began Franchising: 2007

About Get In Shape For Women

Get In Shape For Women franchises offer small group personal training for women, with one personal trainer working with one to four women at a time. Each session includes weight training, cardio and nutrition coaching. Founder Brian Cook started the Needham, Massachusetts-based company in 2006 and began franchising in 2007.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	101	0	0	1
2011	76	0	0	2
2010	55	0	0	1
2009	32	0	0	1

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $51,341 - $200,594
Franchise Fee: $29,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Net Worth: $300,000 - $500,000
Liquid Cash Available: $100,000

Operations

75% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators).

Financing Type	In-House	Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 2 days.

Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation

Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,