Shred415 vs Stretch U Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shred415 vs Stretch U including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Shred415 Stretch U
Investment 440280 - 959200 49650 - 508306
Franchise Fee 0
Royalty Fee 8% 6%
Advertising Fee 2%
Year Founded 1986 2010
Year Franchised 2004 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Shred415 Stretch U
Experience

Financing Options
  Shred415 Stretch U
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Shred415 Stretch U
Training On-The-Job Training: 48 hours Classroom Training: 32 hours 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/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed

Expansion Plans
  Shred415 Stretch U
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, 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
International Expansion

Start-Up Costs and Fees Mobile
Investment
Shred415
Stretch U
Franchise Fee
Shred415
Stretch U
Royalty Fee
Shred415 8%
Stretch U 6%
Advertising Fee
Shred415
Stretch U 2%
Year Founded
Shred415 1986
Stretch U 2010
Year Franchised
Shred415 2004
Stretch U 2012
Term Of Agreement
Shred415 10 years
Stretch U
Renewal Fee
Shred415
Stretch U


Business Experience Requirements
Experience
Shred415
Stretch U

Financing Options
 
Franchise Fees
Shred415 No
Stretch U No
Start-up Costs
Shred415
Stretch U
Equipment
Shred415}
Stretch U
Inventory
Shred415
Stretch U
Receivables
Shred415
Stretch U
Payroll
Shred415
Stretch U

Training & Support
Training
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
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
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Stretch U
Marketing
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Stretch U
Operations
Shred415 Absentee Ownership Allowed
Stretch U

Expansion Plans
US Expansion
Shred415 Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, 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
Shred415
Stretch U
International Expansion
Shred415
Stretch U