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IM=X Pilates Studio

At a Glance

Products & Services: Pilates studio

Number of Locations: 21

Total Investment: $50.6K - 168.3K

Founded: 1994

Began Franchising: 2003

Franchise Units

Year U.S. Canadian International Company Owned
2008 18 0 2 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $50,600 - $168,300
Franchise Fee: $18,000 - $24,000
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $80,000
Operations
Number of employees needed to run franchised unit: 2 - 8. Absentee ownership of franchise is NOT allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 9 days. At franchisee's location: As needed.
Ongoing Support: Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media,
Other marketing support: Marketing plans & materials

Franchise Ranking History

Franchise 500®: #468 (2009),