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Home >> Health & Fitness >> Fitness Centers
| LOA Fitness For Women 500 E. Broward Blvd., # 1650 Ft. Lauderdale, FL 33394-3000 |
Submit an online form to receive information from LOA Fitness For Women.
|
Business Description
Owning a LOA Fitness For Women Center sets you apart from the competition. We take great pride in our units. As the world's largest full service Workout and Fitness centers focused on women, we are truly unique. From our training staff, group exercise programs, and message therapy, LOA Fitness Centers have been developed in every way with the woman in mind. Clean, comfortable, and safe, we have been offering an outstanding workout environment to our members for nearly 25 years!
Franchisor Background
Year Established: 1984
Franchising Since: 1989
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
Average Number of Employees: 4 Full-time, 3 Part-time
Space Needs (in square footage): 3,500-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites: Must be preapproved by corporation
Encourage Conversions? Yes
Earnings Claims Provided?: No
Owning a LOA Fitness For Women Center sets you apart from the competition. We take great pride in our units. As the world's largest full service Workout and Fitness centers focused on women, we are truly unique. From our training staff, group exercise programs, and message therapy, LOA Fitness Centers have been developed in every way with the woman in mind. Clean, comfortable, and safe, we have been offering an outstanding workout environment to our members for nearly 25 years!
Franchisor Background
Year Established: 1984
Franchising Since: 1989
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 385 | 97.7% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 9 | 2.3% | |||||||||||||||||||||||||||||
Total Operating Units: | 394 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Florida | 40 |
| 2. Texas | 36 |
| 3. California | 34 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $100K |
| Total Investment: | $187-452K |
| Average Total Investment: | $250K |
| Fees: | |
| Initial Franchise Fee: | $30K |
| Average Franchise Fee: | $30K |
| On-Going Royalty: | 8% |
| Average Royalty: | 8% |
| Advertising Fee: | $195 |
Space Needs (in square footage): 3,500-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites: Must be preapproved by corporation
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 4 | ||||||||
| Formal Education: | 4 | ||||||||
| Psychological Profile: | 5 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 2 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 21 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Indirect | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | Yes | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Trade Show Exhibits, Videos | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Home Office in Ft. Lauderdale, FL | 1 Week | ||||||||
| 2. Membership pre-sale prior to opening at location | 1-3 Weeks | ||||||||
| 3. Grand opening at location | 1 Week | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from LOA Fitness For Women.
|
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