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Get In Shape For Women

2015 Franchise 500
#289
At a Glance

Products & Services: Small-group personal training for women

Number of Locations: 92

Total Investment: $51.3K - $200.6K

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
2014 87 0 0 5
2013 89 0 0 3
2012 101 0 0 1
2011 91 0 0 2
2010 57 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

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
Veteran Incentives: $4,000 off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 3. Absentee ownership of franchise is NOT allowed. (60% of current franchisees are owner/operators).
Direct Capital
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,

Franchise Ranking History

Franchise 500®: #289 (2015), #279 (2014), #213 (2013), #248 (2012), #401 (2011),
Fastest-Growing: #68 (2012), #77 (2011),
Top New: #7 (2012), #35 (2011),