Start-Up Costs and Fees |
||
| Slender Lady | Stretch U | |
| Investment | 50000 - 50000 | 49650 - 508306 |
| Franchise Fee | 0 | |
| Royalty Fee | $395/495/mo. | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1996 | 2010 |
| Year Franchised | 1997 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | Stretch U | |
| Experience | ||
Financing Options |
||
| Slender Lady | Stretch U | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Slender Lady | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Slender Lady | Stretch U | |
| US Expansion | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Slender Lady | |
| Stretch U | |
| Franchise Fee | |
| Slender Lady | |
| Stretch U | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| Stretch U | 6% |
| Advertising Fee | |
| Slender Lady | |
| Stretch U | 2% |
| Year Founded | |
| Slender Lady | 1996 |
| Stretch U | 2010 |
| Year Franchised | |
| Slender Lady | 1997 |
| Stretch U | 2012 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| Stretch U | |
| Renewal Fee | |
| Slender Lady | |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| Slender Lady | Yes |
| Stretch U | Yes |
| Start-up Costs | |
| Slender Lady | |
| Stretch U | |
| Equipment | |
| Slender Lady} | |
| Stretch U | |
| Inventory | |
| Slender Lady | |
| Stretch U | |
| Receivables | |
| Slender Lady | |
| Stretch U | |
| Payroll | |
| Slender Lady | |
| Stretch U | |
Training & Support |
|
| Training | |
| Slender Lady | |
| 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 | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Stretch U | |
| Marketing | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Stretch U | |
| Operations | |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| 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 | |
| Slender Lady | |
| Stretch U | |
| International Expansion | |
| Slender Lady | |
| Stretch U | |