Red Effect Int'l. Franchise LLC

Infrared fitness studios
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$150K - $1M
Units as of 2019
8 Increase 60.0% over 3 years

Company Overview

About Red Effect Int'l. Franchise LLC

Industry Personal-Care Businesses
Related Categories Fitness
Founded 2016
Leadership Allie T. Mallad, CEO
Corporate Address 23600 Michigan Ave.
Dearborn, MI 48124

Business Overview

Franchising Since 2016 (9 years)
# of employees at HQ 12
Where seeking

This company is offering new franchises in the following US states:

This company is offering new franchises in the following international regions:

# of Units 8 (as of 2019)
Line graph showing the number of units this franchise had for the last 5 years.
U.S. FranchisesInternationalCompany OwnedTotal
100%

Information for Franchisees

Here's what you need to know if you're interested in opening a Red Effect Int'l. Franchise LLC 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 Information Circle
$45,000 - $75,000
Initial Investment Information Circle
$149,500 - $1,037,500
Veteran Incentives Information Circle
$5,000 to $10,000 off franchise fee per studio
Royalty Fee Information Circle
7%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 Red Effect Int'l. Franchise LLC has relationships with third-party sources which offer financing to cover the following: 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.

On-The-Job Training 80 hours
Classroom Training 40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Updated: December 12th, 2022