Start-Up Costs and Fees |
||
| The Max Challenge | Stretch U | |
| Investment | 131868 - 280592 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2011 | 2010 |
| Year Franchised | 2013 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Max Challenge | Stretch U | |
| Experience | ||
Financing Options |
||
| The Max Challenge | Stretch U | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| The Max Challenge | Stretch U | |
| Training | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| The Max Challenge | 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 | |
| The Max Challenge | |
| Stretch U | |
| Franchise Fee | |
| The Max Challenge | |
| Stretch U | |
| Royalty Fee | |
| The Max Challenge | 6% |
| Stretch U | 6% |
| Advertising Fee | |
| The Max Challenge | 2% |
| Stretch U | 2% |
| Year Founded | |
| The Max Challenge | 2011 |
| Stretch U | 2010 |
| Year Franchised | |
| The Max Challenge | 2013 |
| Stretch U | 2012 |
| Term Of Agreement | |
| The Max Challenge | |
| Stretch U | |
| Renewal Fee | |
| The Max Challenge | |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| The Max Challenge | |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| The Max Challenge | |
| Stretch U | |
| Start-up Costs | |
| The Max Challenge | |
| Stretch U | |
| Equipment | |
| The Max Challenge} | |
| Stretch U | |
| Inventory | |
| The Max Challenge | |
| Stretch U | |
| Receivables | |
| The Max Challenge | |
| Stretch U | |
| Payroll | |
| The Max Challenge | |
| Stretch U | |
Training & Support |
|
| Training | |
| The Max Challenge | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual 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 |
| Support | |
| The Max Challenge | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Stretch U | |
| Marketing | |
| The Max Challenge | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Stretch U | |
| Operations | |
| The Max Challenge | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| The Max Challenge | |
| 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 | |
| The Max Challenge | |
| Stretch U | |
| International Expansion | |
| The Max Challenge | |
| Stretch U | |