Start-Up Costs and Fees |
||
| Stretch U | Star Lady Fitness | |
| Investment | 49650 - 508306 | 33500 - 33500 |
| Franchise Fee | ||
| Royalty Fee | 6% | $2/member |
| Advertising Fee | 2% | |
| Year Founded | 2010 | 2003 |
| Year Franchised | 2012 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Stretch U | Star Lady Fitness | |
| Experience | ||
Financing Options |
||
| Stretch U | Star Lady Fitness | |
| Franchise Fees | ||
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Stretch U | Star Lady Fitness | |
| 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 | At franchisee's location: 3-4 days |
| Support | ||
| Marketing | ||
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Stretch U | Star Lady Fitness | |
| 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 | |
| Stretch U | |
| Star Lady Fitness | |
| Franchise Fee | |
| Stretch U | |
| Star Lady Fitness | |
| Royalty Fee | |
| Stretch U | 6% |
| Star Lady Fitness | $2/member |
| Advertising Fee | |
| Stretch U | 2% |
| Star Lady Fitness | |
| Year Founded | |
| Stretch U | 2010 |
| Star Lady Fitness | 2003 |
| Year Franchised | |
| Stretch U | 2012 |
| Star Lady Fitness | 2003 |
| Term Of Agreement | |
| Stretch U | |
| Star Lady Fitness | 5 years |
| Renewal Fee | |
| Stretch U | |
| Star Lady Fitness | $1,000 |
Business Experience Requirements |
|
| Experience | |
| Stretch U | |
| Star Lady Fitness | |
Financing Options |
|
| Franchise Fees | |
| Stretch U | |
| Star Lady Fitness | |
| Start-up Costs | |
| Stretch U | |
| Star Lady Fitness | |
| Equipment | |
| Stretch U} | |
| Star Lady Fitness | |
| Inventory | |
| Stretch U | |
| Star Lady Fitness | |
| Receivables | |
| Stretch U | |
| Star Lady Fitness | |
| Payroll | |
| Stretch U | |
| Star Lady Fitness | |
Training & Support |
|
| Training | |
| 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 |
| Star Lady Fitness | At franchisee's location: 3-4 days |
| Support | |
| Stretch U | |
| Star Lady Fitness | |
| Marketing | |
| Stretch U | |
| Star Lady Fitness | |
| Operations | |
| Stretch U | |
| Star Lady Fitness | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Star Lady Fitness | |
| Canada Expansion | |
| Stretch U | |
| Star Lady Fitness | |
| International Expansion | |
| Stretch U | |
| Star Lady Fitness | |