Click to Print This Page
Entrepreneur: Start & Grow Your Business

Slim and Tone

Fitness club for women

Background

Founded: 2002 Franchising since: 2002
10 Penn Valley Dr.
Yardley, Pennsylvania 19067
Phone:
(215)321-6661


Franchisor is a privately-held company with 7 employee(s); 7 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 116 1 5 0

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

Exclusive territories available.
Territory size: Up to 5 miles/50,000 population

Costs and Fees

Total investment: $46.6K-65.3K
Franchise fee: $31.9K
Ongoing royalty fee: $395/mo.
Term of agreement: 5 years, renewable


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

Third-party financing source(s): Island Leasing Services

Operations
  • 10% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 days
  • At franchisee's location: 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks

Other marketing support
  • Marketing kit

Rankings