Stretch Zone Franchise Costs, Fees & Owner Salary (2023)

Initial Franchise Fee

The Initial Franchise Fee for a new franchisee is $49,500 to $59,500, which is due in a lump sum upon signing the Franchise Agreement. This fee is uniform for all franchisees currently purchasing a franchise. For veteran franchisees, there is a discounted rate which, effective August 1, 2023, will be $53,550.

Royalty Fee

The Royalty Fee is 6% of Gross Revenues. This fee is deducted from ClubReady remittances twice weekly.

Marketing Fee

The Marketing Fee, which contributes to the Media Fund, starts with an Initial Contribution of $500 and then 2% of monthly Gross Revenues thereafter. This fee is also deducted from ClubReady remittances.

In addition to these primary fees, there are other significant fees mentioned:

• Technology Fee: Currently $320 per month, which covers the use of certain technology and software required for the operation of the franchise.
• Furniture, Fixtures, and Furnishings: You must purchase these from the franchisor, and the cost varies from $5,475 to $14,000 depending on local market conditions and the size of the franchise.

Stretch Practitioner Training

This training is mandatory for all initial trainees and must be completed before the franchise opens. It is focused on the core service of the franchise – the stretching techniques. The frequency and details of this training are not specified in the provided excerpts.

General Managers Training

This training is specifically for the General Manager and must be completed before the franchise opens. It covers the operational aspects of running the franchise and is a prerequisite for other training modules.

Owners Training

This is intended only for Franchise Owners and must be completed in a timely manner after signing the Franchise Agreement. It focuses on the operation and management of the franchise from an owner's perspective.

Virtual Front Desk Training

All front desk employees are required to complete this training on a weekly basis. It likely covers customer service and administrative tasks related to the front desk operations.

Virtual Operations Training

The General Manager must complete this training after the General Managers Training and/or as a prerequisite for Virtual Sales Training. This occurs on a weekly basis and covers the operational management of the franchise.

Virtual Sales Training

Employees who have successfully completed Stretch Training and prerequisites, including Virtual Front Desk Training and Virtual Operations Training, must complete this to learn effective sales techniques.

On-Site Training

This training is conducted at the franchise location, preferably within the first week of operation, and covers practical aspects of the franchise operation, including stretch training, financial control, marketing techniques, and customer service.

Additional Training Programs or Refresher Courses

The franchise offers recertification training annually for all Certified Stretch Zone Practitioners during their SCORE visits. The fee for this is $2,000 per franchise regardless of the number of practitioners.

Stretch Zone does provide territory protection to its franchisees, but with specific conditions and exceptions, particularly concerning Non-Traditional Locations and other business models that the franchisor may develop.

Stretch Zone franchise is not designed to be a passive investment.