Start-Up Costs and Fees |
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| Stretch U | HOTWORX Studio | |
| Investment | 49650 - 508306 | 188070 - 351885 |
| Franchise Fee | ||
| Royalty Fee | 6% | $550/mo. |
| Advertising Fee | 2% | |
| Year Founded | 2010 | 2016 |
| Year Franchised | 2012 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Stretch U | HOTWORX Studio | |
| Experience | ||
Financing Options |
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| Stretch U | HOTWORX Studio | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Stretch U | HOTWORX Studio | |
| 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 | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Stretch U | HOTWORX Studio | |
| 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 | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Stretch U | |
| HOTWORX Studio | |
| Franchise Fee | |
| Stretch U | |
| HOTWORX Studio | |
| Royalty Fee | |
| Stretch U | 6% |
| HOTWORX Studio | $550/mo. |
| Advertising Fee | |
| Stretch U | 2% |
| HOTWORX Studio | |
| Year Founded | |
| Stretch U | 2010 |
| HOTWORX Studio | 2016 |
| Year Franchised | |
| Stretch U | 2012 |
| HOTWORX Studio | 2017 |
| Term Of Agreement | |
| Stretch U | |
| HOTWORX Studio | |
| Renewal Fee | |
| Stretch U | |
| HOTWORX Studio | |
Business Experience Requirements |
|
| Experience | |
| Stretch U | |
| HOTWORX Studio | |
Financing Options |
|
| Franchise Fees | |
| Stretch U | |
| HOTWORX Studio | |
| Start-up Costs | |
| Stretch U | |
| HOTWORX Studio | |
| Equipment | |
| Stretch U} | |
| HOTWORX Studio | |
| Inventory | |
| Stretch U | |
| HOTWORX Studio | |
| Receivables | |
| Stretch U | |
| HOTWORX Studio | |
| Payroll | |
| Stretch U | |
| HOTWORX Studio | |
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 |
| HOTWORX Studio | |
| Support | |
| Stretch U | |
| HOTWORX Studio | |
| Marketing | |
| Stretch U | |
| HOTWORX Studio | |
| Operations | |
| Stretch U | |
| HOTWORX Studio | |
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 |
| HOTWORX Studio | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Stretch U | |
| HOTWORX Studio | |
| International Expansion | |
| Stretch U | |
| HOTWORX Studio | |