Start-Up Costs and Fees |
||
| Team Spirit Fitness Centers | Stretch U | |
| Investment | 69000 - 69000 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2002 | 2010 |
| Year Franchised | 2004 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Team Spirit Fitness Centers | Stretch U | |
| Experience | ||
Financing Options |
||
| Team Spirit Fitness Centers | Stretch U | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Team Spirit Fitness Centers | Stretch U | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 days | 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 | ||
| Marketing | ||
| Operations | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Team Spirit Fitness Centers | 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 | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| Franchise Fee | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| Royalty Fee | |
| Team Spirit Fitness Centers | 6% |
| Stretch U | 6% |
| Advertising Fee | |
| Team Spirit Fitness Centers | |
| Stretch U | 2% |
| Year Founded | |
| Team Spirit Fitness Centers | 2002 |
| Stretch U | 2010 |
| Year Franchised | |
| Team Spirit Fitness Centers | 2004 |
| Stretch U | 2012 |
| Term Of Agreement | |
| Team Spirit Fitness Centers | 5 years |
| Stretch U | |
| Renewal Fee | |
| Team Spirit Fitness Centers | |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| Team Spirit Fitness Centers | |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| Team Spirit Fitness Centers | No |
| Stretch U | No |
| Start-up Costs | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| Equipment | |
| Team Spirit Fitness Centers} | |
| Stretch U | |
| Inventory | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| Receivables | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| Payroll | |
| Team Spirit Fitness Centers | |
| Stretch U | |
Training & Support |
|
| Training | |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| 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 | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| Marketing | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| Operations | |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| Team Spirit Fitness Centers | |
| 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 | |
| Team Spirit Fitness Centers | |
| Stretch U | |
| International Expansion | |
| Team Spirit Fitness Centers | |
| Stretch U | |