Elements Diet & Fitness
Fitness, diet & lifestyle club for womenBackground
Founded: 2003 Franchising since: 2008
Franchisor is a privately-held company with 12 employee(s); 6 employee(s) in franchise department.
Franchise Growth
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: 7,500 population
|
701 Lincoln Rd., 1st Fl. Miami Beach, Florida 33139 |
Phone: (866)893-9603 |
Franchisor is a privately-held company with 12 employee(s); 6 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 2 | 0 | 0 | 1 |
| 2007 | N/A | N/A | N/A | 1 |
| 2006 | N/A | N/A | N/A | 1 |
| 2005 | N/A | N/A | N/A | 1 |
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: 7,500 population
Costs and Fees
|
Total investment: $98.7K-784.4K Franchise fee: $39.9K-59.9K |
Ongoing royalty fee: $1.2K/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 | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $100K
Business Experience:
- General business experience
- Marketing skills
Operations
- 80% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 4 - 8
- Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 4+ days
- At franchisee's location: 2+ days
- Ongoing training by phone/online
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media