Start-Up Costs and Fees |
||
| Nitro Fitness for Men | Stretch U | |
| Investment | 55500 - 76500 | 49650 - 508306 |
| Franchise Fee | ||
| Royalty Fee | $498/month | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 2010 |
| Year Franchised | 2004 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nitro Fitness for Men | Stretch U | |
| Experience | ||
Financing Options |
||
| Nitro Fitness for Men | Stretch U | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nitro 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 | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Nitro 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 | |
| Nitro Fitness for Men | |
| Stretch U | |
| Franchise Fee | |
| Nitro Fitness for Men | |
| Stretch U | |
| Royalty Fee | |
| Nitro Fitness for Men | $498/month |
| Stretch U | 6% |
| Advertising Fee | |
| Nitro Fitness for Men | |
| Stretch U | 2% |
| Year Founded | |
| Nitro Fitness for Men | 2004 |
| Stretch U | 2010 |
| Year Franchised | |
| Nitro Fitness for Men | 2004 |
| Stretch U | 2012 |
| Term Of Agreement | |
| Nitro Fitness for Men | 7 years |
| Stretch U | |
| Renewal Fee | |
| Nitro Fitness for Men | $5,000 |
| Stretch U | |
Business Experience Requirements |
|
| Experience | |
| Nitro Fitness for Men | |
| Stretch U | |
Financing Options |
|
| Franchise Fees | |
| Nitro Fitness for Men | No |
| Stretch U | No |
| Start-up Costs | |
| Nitro Fitness for Men | |
| Stretch U | |
| Equipment | |
| Nitro Fitness for Men} | |
| Stretch U | |
| Inventory | |
| Nitro Fitness for Men | |
| Stretch U | |
| Receivables | |
| Nitro Fitness for Men | |
| Stretch U | |
| Payroll | |
| Nitro Fitness for Men | |
| Stretch U | |
Training & Support |
|
| Training | |
| Nitro 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 | |
| Nitro Fitness for Men | |
| Stretch U | |
| Marketing | |
| Nitro Fitness for Men | |
| Stretch U | |
| Operations | |
| Nitro Fitness for Men | |
| Stretch U | |
Expansion Plans |
|
| US Expansion | |
| Nitro 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 | |
| Nitro Fitness for Men | 0 |
| Stretch U | |
| International Expansion | |
| Nitro Fitness for Men | |
| Stretch U | |