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Below is an in-depth analysis and side-by-side comparison of Anytime Fitness vs Stretch U including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $96,140 - $523,824 | $49,650 - $508,306 |
Franchise Fee | $25,000 - $42,500 | $29,000 - $344,806 |
Royalty Fee | $649-$699/mo. | 6% |
Advertising Fee | $600/ mo | 2% |
Year Founded | 2001 | 2010 |
Year Franchised | 2002 | 2012 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $1000 | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | With Anytime Fitness, the training never stops. Initially, we have a mandatory, one-week training course at our corporate office in Minnesota. Once the first week is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance. | 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 | Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
10% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
As an Anytime Fitness proprietor, we can help you open the key to conceivable achievement in the wellness business and furnish you with scripts, promotions, advertising pieces, deals and operations manuals we have created and utilized, which ought to give you the preferred standpoint you should be successful in your business attempts. Amid the underlying, compulsory preparing to all franchisees, we will cover:
Executing a 9-stage deals procedure to offer more enrollments .
Step by step instructions to make more activity through corporate deals, senior projects, referrals and the sky is the limit from there.
At the first of consistently you may get our "Month to month Success Pack" which may contain new deals tips, advertising pieces, client benefit thoughts, part maintenance programs and progressing training parcels.
Duplicates of daily paper advertisements, regular postal mail pieces, radio promotions, telemarketing scripts, tributes, referral passes and a showcasing plan to take after.
1-800-704-5004 whenever for continuous preparing or day by day addresses.
Yearly club camps, nearby visits and a talk space for other Anytime Fitness proprietors to share thoughts and musings on the wellness business. Give us a chance to help you bring your thoughts alongside criticism from other Anytime Fitness proprietors and put them under a magnifying glass.
Pre-deal help.
The most effective method to deal with your time and handle the everyday operations.
All of Stretch U’s locations are currently corporately owned stores or
licensed affiliates. We may decide to franchise in the future and if you
are interested, you can send an inquiry to [email protected].