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Entrepreneur: Start & Grow Your Business

Butterfly Life

Women's fitness center offering healthy-living solutions

Background

Founded: 2003 Franchising since: 2003
1850 S.E. 17th St.
Fort Lauderdale, Florida 33316
Phone:
(800)290-2977


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 100 0 1 0
2006 38 0 1 0
2005 18 0 0 0

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

Exclusive territories available.
Territory size: Based on zip code analysis of 5,000-15,000 population

Costs and Fees

Total investment: $63.99K-139.5K
Franchise fee: $29.5K
Ongoing royalty fee: $1K/mo.
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Third-party financing source(s): Wells Fargo

Qualifications
Business Experience:
  • Industry experience, business experience & marketing skills helpful, but not required

Operations
  • 50% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1 - 2
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 3 days
  • Annual conferences; phone & onsite assistance as needed

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Ad slicks

Other marketing support
  • Direct mail, online advertising