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Below is an in-depth analysis and side-by-side comparison of Stretch-N-Grow vs Flour Power Kids Cooking Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $23,600 | $131,675 - $241,675 |
Franchise Fee | $18,600 | $39,875 |
Royalty Fee | $150/mo. | 6% |
Advertising Fee | - | $149/mo. |
Year Founded | 1992 | 2008 |
Year Franchised | 1993 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | We like hard working individuals with an entrepreneurial spirit best! We like individuals who understand that a system has been developed and they need to follow it in order to succeed. Our best success stories are from Studio Owners who work in their studios full time and provide outstanding customer service to customers and lead their employees by example! | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 20 hours Classroom Training: 20 hours Additional Training: ServSafe & first aid/CPR training |
Support | Newsletter, Meetings, Toll-free phone line, Internet | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | National media | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 8 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Each Stretch-n-Grow class is about 45 minutes long, with 30 minutes of exercise and 15 minutes of discussion. Classes are taught at child-care and recreation centers, elementary schools, YMCA and YWCA centers, Mothers' Day Out programs and Head Start facilities. Instructors also provide classes for after-school programs, birthday parties and sports camps.
The company began franchising in 1993 and has locations in Canada, Australia, New Zealand, England, Ireland, and Hong Kong, as well as the United States.