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Jazzercise Inc

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A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.    
 
Jazzercise, created by Judi Sheppard Missett, is the world's leading dance-fitness program with more than 6,500 instructors teaching 20,000 classes weekly in the United States and around the globe. Since 1969, millions of people of all ages and fitness levels have reaped the benefits of this comprehensive program, designed to enhance cardiovascular endurance, strength and flexibility.
 
Jazzercise offers the customers the opportunity to own their own businesses while staying fit and enhancing the lives of others through exercise and dance. As independent business people, Jazzercise franchisees can directly affect their own income levels. Jazzercise has appeared as one of the top 15 franchise investment opportunities in Entrepreneur magazine's annual franchise 500 ranking since 1988 and has also garnered top rankings in its fastest-growing and low-investment franchise listings.
 
Jazzercise has a total investment of 3000 to 33100 dollars and the franchise fee is 500 to 1000 dollars. Their ongoing royalty fee is 20 percent and the term of agreement is of 5 years which is renewable. The Franchise is in the ranking of the year of the Franchise 500 ranking 25th in 2006, 26th in 2005, 25th in 2004, 27th in 2003 and 29th in 2002.
 
Jazzercise Incorporation has a mission to a develop and market fun and effective fitness programs and products that enhance the well-being of people of all ages and their philosophy believe fitness is an important aspect of well-being and enhances the overall quality of people's lives, therefore, Jazzercise is committed to helping people understand and value the importance of health and fitness.                

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