|
Below is an in-depth analysis and side-by-side comparison of Stretch U vs MADabolic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $49,650 - $508,306 | $222,450 - $378,200 |
Franchise Fee | $29,000 - $344,806 | $40,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 2010 | - |
Year Franchised | 2012 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
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 | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
Support | - | Online Video Database On Site Pre Opening Support |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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].
We would love to talk to you about owning a MADabolic. For more information about owning your own MADabolic simply go to the "Own A MADabolic” page of our website. The MADabolic Inc. brand is only as strong as the Franchisees success. Our number one priority is to create a unique fitness experience and reputable brand led by your individual success.
Stand out in the fitness market with MADabolic - the original strength-driven interval training franchise.