Start-Up Costs and Fees |
||
| Stretch U | Orange Shoe Personal Fitness | |
| Investment | 49650 - 508306 | 96600 - 325000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2010 | 2007 |
| Year Franchised | 2012 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Stretch U | Orange Shoe Personal Fitness | |
| Experience | ||
Financing Options |
||
| Stretch U | Orange Shoe Personal Fitness | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Stretch U | Orange Shoe Personal 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 | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Support | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations | |
| Marketing | Co-op advertising Ad slicks | |
| Operations | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | |
Expansion Plans |
||
| Stretch U | Orange Shoe Personal 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 | |
| Orange Shoe Personal Fitness | |
| Franchise Fee | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
| Royalty Fee | |
| Stretch U | 6% |
| Orange Shoe Personal Fitness | 6% |
| Advertising Fee | |
| Stretch U | 2% |
| Orange Shoe Personal Fitness | |
| Year Founded | |
| Stretch U | 2010 |
| Orange Shoe Personal Fitness | 2007 |
| Year Franchised | |
| Stretch U | 2012 |
| Orange Shoe Personal Fitness | 2009 |
| Term Of Agreement | |
| Stretch U | |
| Orange Shoe Personal Fitness | 10 years |
| Renewal Fee | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
Business Experience Requirements |
|
| Experience | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
Financing Options |
|
| Franchise Fees | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
| Start-up Costs | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
| Equipment | |
| Stretch U} | |
| Orange Shoe Personal Fitness | |
| Inventory | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
| Receivables | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
| Payroll | |
| Stretch U | |
| Orange Shoe Personal 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 |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Support | |
| Stretch U | |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| Marketing | |
| Stretch U | |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| Operations | |
| Stretch U | |
| Orange Shoe Personal Fitness | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% 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 |
| Orange Shoe Personal Fitness | |
| Canada Expansion | |
| Stretch U | |
| Orange Shoe Personal Fitness | |
| International Expansion | |
| Stretch U | |
| Orange Shoe Personal Fitness | |