| ||||
Updated RecentlyWorld Gym International vs Stretch U Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of World Gym International vs Stretch U including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $852,000 - $2,975,000 | $49,650 - $508,306 |
| Franchise Fee | $25,000 | $29,000 - $344,806 |
| Royalty Fee | $1,000/mo. | 6% |
| Advertising Fee | included | 2% |
| Year Founded | 1976 | 2010 |
| Year Franchised | 1982 | 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 | -/Yes | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | On-The-Job Training: 7 days Classroom Training: 5 days | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | - |
| Marketing | Co-op Advertising Ad Templates | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About World Gym International
With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.
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].