Stretch U vs Profile by Sanford Franchise Comparison

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

Start-Up Costs and Fees

 
Stretch U Franchise
Profile by Sanford Franchise
Investment $49,650 - $508,306$388,500 - $634,500
Franchise Fee $29,000 - $344,806$49,500
Royalty Fee 6%5%
Advertising Fee 2%2%
Year Founded 20102012
Year Franchised 20122014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Stretch U Franchise
Profile by Sanford Franchise
Experience --

Financing Options

 
Stretch U Franchise
Profile by Sanford Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Stretch U Franchise
Profile by Sanford Franchise
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 On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line 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 -Number of Employees Required to Run: 5

Expansion Plans

 
Stretch U Franchise
Profile by Sanford Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Stretch U

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].

About Profile by Sanford

Profile by Sanford is a comprehensive weight loss and weight management program designed by the physicians and experts at Sanford Health. The program utilizes a certified health coach and offers integrated technology and meal replacement products to provide members with a solution for nutrition, activity, and lifestyle changes. Be part of the $20+ billion weight loss industry, helping nearly 70% of Americans who are overweight.
 * Align with an evidence-based program designed by physicians and scientists with proven results
 * Be backed by Sanford Health, the largest rural non-profit health system in the nation
 *Join an organization that's focused on preventative medicine and bettering the lives of its members.
 *Real estate site selection consultation.
 *Ongoing operations and management support
 *Staff training and certification program.
 *Assistance and access to promotions and marketing campaigns.

 *Technology software and IT System support.

Do What You Love. Change Lives

The total investment necessary to begin operation of a single PROFILE SANFORD franchise ranges from $388,500 to $634,500 for a stand-alone store, and from $183,000 to $334,200 for an in-facility store. This includes $183,000 to $334,200 for a stand-alone store, and $123,000 to $158,200 for an in-facility store, that must be paid to the franchisor or affiliate.
Veteran Incentives  $5,000 off franchise fee

#39 in Franchise 500 for 2021. (First time on Franchise 500)