Slim & Fit Franchise LLC
At a Glance
Products & Services: Weight loss & fitness programs
Number of Locations: 11
Total Investment: $70.1K - 141K
Founded: 2008
Began Franchising: 2009
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 10 | 0 | 0 | 1 |
| 2010 | 9 | 0 | 0 | 1 |
| 2009 | 0 | 0 | 0 | 3 |
| 2008 | N/A | N/A | N/A | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $70,100 - $141,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5-3%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 5-3%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $85,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 6. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 days. At franchisee's location: up to 3 days at grand opening.
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,
Other marketing support: Marketing manual
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