Start-Up Costs and Fees |
||
| Cuts Fitness For Men | Stretch U | |
| Investment | 33600 - 77900 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | $400/mo. | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2003 | 2010 |
| Year Franchised | 2003 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cuts Fitness For Men | Stretch U | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Cuts Fitness For Men | Stretch U | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cuts Fitness For Men | 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 | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Cuts Fitness For Men | 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 | |
| Cuts Fitness For Men | |
| Stretch U | |
| Franchise Fee | |
| Cuts Fitness For Men | |
| Stretch U | |
| Royalty Fee | |
| Cuts Fitness For Men | $400/mo. |
| Stretch U | 6% |
| Advertising Fee | |
| Cuts Fitness For Men | |
| Stretch U | 2% |
| Year Founded | |
| Cuts Fitness For Men | 2003 |
| Stretch U | 2010 |
| Year Franchised | |
| Cuts Fitness For Men | 2003 |
| Stretch U | 2012 |
| Term Of Agreement | |
| Cuts Fitness For Men | 10 years |
| Stretch U | |
| Renewal Fee | |
| Cuts Fitness For Men | |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| Cuts Fitness For Men | No |
| Stretch U | No |
| Start-up Costs | |
| Cuts Fitness For Men | |
| Stretch U | |
| Equipment | |
| Cuts Fitness For Men} | |
| Stretch U | |
| Inventory | |
| Cuts Fitness For Men | |
| Stretch U | |
| Receivables | |
| Cuts Fitness For Men | |
| Stretch U | |
| Payroll | |
| Cuts Fitness For Men | |
| Stretch U | |
Training & Support |
|
| Training | |
| Cuts Fitness For Men | |
| 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 | |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Stretch U | |
| Marketing | |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Stretch U | |
| Operations | |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| Cuts Fitness For Men | |
| 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 | |
| Cuts Fitness For Men | 0 |
| Stretch U | |
| International Expansion | |
| Cuts Fitness For Men | |
| Stretch U | |