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Shape Up Sisters Inc.

Fitness boutique for women

Background

Founded: 2002 Franchising since: 2002
3215 Plaza Dr.
Vicksburg, Mississippi 39180
Phone:
(601)619-7277


Franchisor is a privately-held company with 4 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 2 0 0 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

Exclusive territories available.
Territory size: 5 miles/20,000 population

Costs and Fees

Total investment: $50K-65K
Franchise fee: $24.9K
Ongoing royalty fee: $375/mo.
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $24.9K
Business Experience:
  • Must enjoy working with & helping people

Operations
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at headquarters: 4 days

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • Ad slicks
  • Regional advertising

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