Healthy Inspirations IFP Inc.

Weight-loss & fitness center

Background

Founded: 2000 Franchising since: 2004

11 Kenyon Ave.
Wakefield, Rhode island 02879

Phone:
(800)725-6147

Franchisor is a privately-held company with 8 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2005	15	0	18	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, West virginia, Wyoming

Costs and Fees

Total investment: $105.4K-143.2K
Franchise fee: $15K

Ongoing royalty fee: $395/mo.
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Cash liquidity requirement: $100K
Business Experience:

General business experience

Operations

5% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 4 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)