Start-Up Costs and Fees |
||
| Healthy Inspirations | Stretch U | |
| Investment | 75000 - 375000 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | $395/mo. | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2000 | 2010 |
| Year Franchised | 2004 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Healthy Inspirations | Stretch U | |
| Experience | General business experience | |
Financing Options |
||
| Healthy Inspirations | Stretch U | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Healthy Inspirations | 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 | Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Healthy Inspirations | Stretch U | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | 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 | |
| Healthy Inspirations | |
| Stretch U | |
| Franchise Fee | |
| Healthy Inspirations | |
| Stretch U | |
| Royalty Fee | |
| Healthy Inspirations | $395/mo. |
| Stretch U | 6% |
| Advertising Fee | |
| Healthy Inspirations | |
| Stretch U | 2% |
| Year Founded | |
| Healthy Inspirations | 2000 |
| Stretch U | 2010 |
| Year Franchised | |
| Healthy Inspirations | 2004 |
| Stretch U | 2012 |
| Term Of Agreement | |
| Healthy Inspirations | 10 years |
| Stretch U | |
| Renewal Fee | |
| Healthy Inspirations | $2.5K or 20% of franchise fee |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| Healthy Inspirations | General business experience |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| Healthy Inspirations | No |
| Stretch U | No |
| Start-up Costs | |
| Healthy Inspirations | |
| Stretch U | |
| Equipment | |
| Healthy Inspirations} | |
| Stretch U | |
| Inventory | |
| Healthy Inspirations | |
| Stretch U | |
| Receivables | |
| Healthy Inspirations | |
| Stretch U | |
| Payroll | |
| Healthy Inspirations | |
| Stretch U | |
Training & Support |
|
| Training | |
| Healthy Inspirations | |
| 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 | |
| Healthy Inspirations | Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Stretch U | |
| Marketing | |
| Healthy Inspirations | Ad slicks |
| Stretch U | |
| Operations | |
| Healthy Inspirations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| Healthy Inspirations | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| 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 | |
| Healthy Inspirations | 0 |
| Stretch U | |
| International Expansion | |
| Healthy Inspirations | |
| Stretch U | |