Start-Up Costs and Fees |
||
| Stretch U | MADabolic | |
| Investment | 49650 - 508306 | 222450 - 378200 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2010 | 0 |
| Year Franchised | 2012 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Stretch U | MADabolic | |
| Experience | ||
Financing Options |
||
| Stretch U | MADabolic | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Stretch U | MADabolic | |
| 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 | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
| Support | Online Video Database On Site Pre Opening Support | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Stretch U | MADabolic | |
| 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 | |
| MADabolic | |
| Franchise Fee | |
| Stretch U | |
| MADabolic | |
| Royalty Fee | |
| Stretch U | 6% |
| MADabolic | |
| Advertising Fee | |
| Stretch U | 2% |
| MADabolic | |
| Year Founded | |
| Stretch U | 2010 |
| MADabolic | 0 |
| Year Franchised | |
| Stretch U | 2012 |
| MADabolic | 0 |
| Term Of Agreement | |
| Stretch U | |
| MADabolic | |
| Renewal Fee | |
| Stretch U | |
| MADabolic | |
Business Experience Requirements |
|
| Experience | |
| Stretch U | |
| MADabolic | |
Financing Options |
|
| Franchise Fees | |
| Stretch U | |
| MADabolic | |
| Start-up Costs | |
| Stretch U | |
| MADabolic | |
| Equipment | |
| Stretch U} | |
| MADabolic | |
| Inventory | |
| Stretch U | |
| MADabolic | |
| Receivables | |
| Stretch U | |
| MADabolic | |
| Payroll | |
| Stretch U | |
| MADabolic | |
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 |
| MADabolic | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
| Support | |
| Stretch U | |
| MADabolic | Online Video Database On Site Pre Opening Support |
| Marketing | |
| Stretch U | |
| MADabolic | |
| Operations | |
| Stretch U | |
| MADabolic | |
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 |
| MADabolic | |
| Canada Expansion | |
| Stretch U | |
| MADabolic | |
| International Expansion | |
| Stretch U | |
| MADabolic | |