Start-Up Costs and Fees |
||
| Extreme Gym | Stretch U | |
| Investment | 75453 - 96998 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2002 | 2010 |
| Year Franchised | 0 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Extreme Gym | Stretch U | |
| Experience | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. | |
Financing Options |
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| Extreme Gym | Stretch U | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Extreme Gym | 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 |
||
| Extreme Gym | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Extreme Gym | |
| Stretch U | |
| Franchise Fee | |
| Extreme Gym | |
| Stretch U | |
| Royalty Fee | |
| Extreme Gym | |
| Stretch U | 6% |
| Advertising Fee | |
| Extreme Gym | |
| Stretch U | 2% |
| Year Founded | |
| Extreme Gym | 2002 |
| Stretch U | 2010 |
| Year Franchised | |
| Extreme Gym | 0 |
| Stretch U | 2012 |
| Term Of Agreement | |
| Extreme Gym | |
| Stretch U | |
| Renewal Fee | |
| Extreme Gym | |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| Extreme Gym | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| Extreme Gym | |
| Stretch U | |
| Start-up Costs | |
| Extreme Gym | |
| Stretch U | |
| Equipment | |
| Extreme Gym} | |
| Stretch U | |
| Inventory | |
| Extreme Gym | |
| Stretch U | |
| Receivables | |
| Extreme Gym | |
| Stretch U | |
| Payroll | |
| Extreme Gym | |
| Stretch U | |
Training & Support |
|
| Training | |
| Extreme Gym | |
| 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 | |
| Extreme Gym | |
| Stretch U | |
| Marketing | |
| Extreme Gym | |
| Stretch U | |
| Operations | |
| Extreme Gym | |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| Extreme Gym | |
| 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 | |
| Extreme Gym | |
| Stretch U | |
| International Expansion | |
| Extreme Gym | |
| Stretch U | |