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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$56K - $115K
Units as of 2020
35 25.0% over 3 years

Company Overview

About IM=X Pilates and Fitness

Founded
1994
Leadership
Elyse McNergney, Founder & CEO

Franchising Overview

Franchising Since
2003 (18 years)
# of employees at HQ
5
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
35 (as of 2020)

Franchisor Information

Corporate Address
24 W. Main St., #211
Clinton, CT 06413

Information for Franchisees

Here’s what you need to know if you’re interested in opening a IM=X Pilates and Fitness franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000 - $42,000
Initial Investment
$55,800 - $115,245
Net Worth Requirement
$200,000
Cash Requirement
$200,000
Veteran Incentives
30% off franchise fee
Royalty Fee
6%+
Ad Royalty Fee
$150/mo.
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
IM=X Pilates and Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
40 hours
Additional Training
Apprentice/home study
Ongoing Support
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where IM=X Pilates and Fitness landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021