Start-Up Costs and Fees |
||
| LA Weight Loss Centers | Stretch U | |
| Investment | 67200 - 120400 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1989 | 2010 |
| Year Franchised | 1998 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LA Weight Loss Centers | Stretch U | |
| Experience | ||
Financing Options |
||
| LA Weight Loss Centers | Stretch U | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| LA Weight Loss Centers | Stretch U | |
| Training | Between thirty (30) and sixty (60) days before your Unit Franchise opens for business, we provide our initial training program for Stretch U Unit Franchises to you, other members of your management team, and any agents you employ. The training program includes classroom instruction and Franchise operation and on-the-job training at either our headquarters in Oklahoma City, your Unit Franchise location, or any other location we designate, including:  Stretch Training Techniques  Basic Management BDP, & SOP training; financial and KPI training  Sales and marketing training  Software Training | |
| Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | ||
Expansion Plans |
||
| LA Weight Loss Centers | Stretch U | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| LA Weight Loss Centers | |
| Stretch U | |
| Franchise Fee | |
| LA Weight Loss Centers | |
| Stretch U | |
| Royalty Fee | |
| LA Weight Loss Centers | 7% |
| Stretch U | 6% |
| Advertising Fee | |
| LA Weight Loss Centers | |
| Stretch U | 2% |
| Year Founded | |
| LA Weight Loss Centers | 1989 |
| Stretch U | 2010 |
| Year Franchised | |
| LA Weight Loss Centers | 1998 |
| Stretch U | 2012 |
| Term Of Agreement | |
| LA Weight Loss Centers | 10 years |
| Stretch U | |
| Renewal Fee | |
| LA Weight Loss Centers | |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| LA Weight Loss Centers | |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| LA Weight Loss Centers | Yes |
| Stretch U | Yes |
| Start-up Costs | |
| LA Weight Loss Centers | |
| Stretch U | |
| Equipment | |
| LA Weight Loss Centers} | |
| Stretch U | |
| Inventory | |
| LA Weight Loss Centers | |
| Stretch U | |
| Receivables | |
| LA Weight Loss Centers | |
| Stretch U | |
| Payroll | |
| LA Weight Loss Centers | |
| Stretch U | |
Training & Support |
|
| Training | |
| LA Weight Loss Centers | |
| Stretch U | Between thirty (30) and sixty (60) days before your Unit Franchise opens for business, we provide our initial training program for Stretch U Unit Franchises to you, other members of your management team, and any agents you employ. The training program includes classroom instruction and Franchise operation and on-the-job training at either our headquarters in Oklahoma City, your Unit Franchise location, or any other location we designate, including:  Stretch Training Techniques  Basic Management BDP, & SOP training; financial and KPI training  Sales and marketing training  Software Training |
| Support | |
| LA Weight Loss Centers | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Stretch U | |
| Marketing | |
| LA Weight Loss Centers | Ad slicks, National media, Regional advertising |
| Stretch U | |
| Operations | |
| LA Weight Loss Centers | |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| LA Weight Loss Centers | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Stretch U | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | |
| LA Weight Loss Centers | 0 |
| Stretch U | |
| International Expansion | |
| LA Weight Loss Centers | |
| Stretch U | |