Start-Up Costs and Fees |
||
| Bally Total Fitness | Stretch U | |
| Investment | 1000000 - 2500000 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1962 | 2010 |
| Year Franchised | 1997 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bally Total Fitness | Stretch U | |
| Experience | ||
Financing Options |
||
| Bally Total Fitness | Stretch U | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Bally Total Fitness | Stretch U | |
| 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 |
||
| Bally Total Fitness | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bally Total Fitness | |
| Stretch U | |
| Franchise Fee | |
| Bally Total Fitness | |
| Stretch U | |
| Royalty Fee | |
| Bally Total Fitness | |
| Stretch U | 6% |
| Advertising Fee | |
| Bally Total Fitness | |
| Stretch U | 2% |
| Year Founded | |
| Bally Total Fitness | 1962 |
| Stretch U | 2010 |
| Year Franchised | |
| Bally Total Fitness | 1997 |
| Stretch U | 2012 |
| Term Of Agreement | |
| Bally Total Fitness | |
| Stretch U | |
| Renewal Fee | |
| Bally Total Fitness | |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| Bally Total Fitness | |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| Bally Total Fitness | |
| Stretch U | |
| Start-up Costs | |
| Bally Total Fitness | |
| Stretch U | |
| Equipment | |
| Bally Total Fitness} | |
| Stretch U | |
| Inventory | |
| Bally Total Fitness | |
| Stretch U | |
| Receivables | |
| Bally Total Fitness | |
| Stretch U | |
| Payroll | |
| Bally Total Fitness | |
| Stretch U | |
Training & Support |
|
| Training | |
| Bally Total Fitness | |
| 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 | |
| Bally Total Fitness | |
| Stretch U | |
| Marketing | |
| Bally Total Fitness | |
| Stretch U | |
| Operations | |
| Bally Total Fitness | |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| Bally Total Fitness | |
| 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 | |
| Bally Total Fitness | 0 |
| Stretch U | |
| International Expansion | |
| Bally Total Fitness | |
| Stretch U | |