Stretch Med provides one-on-one assisted stretching sessions aimed at improving flexibility, mobility, and overall wellness. The franchise focuses on pain reduction and enhanced movement through guided therapeutic stretching techniques.
Key Insights
- Stretch Med emerged when founders recognized significant opportunities to transform traditional service delivery methods within their market, developing innovative approaches that addressed specific customer pain points and established new standards for quality and reliability in the industry.
- Operational efficiency streamlines processes and reduces costs while maintaining the quality and attention to detail that builds reputation and customer satisfaction, utilizing technology and proven methods to maximize value while ensuring consistent service delivery.
- Market consolidation trends benefit established brands with proven systems and operational expertise, creating opportunities for growth and expansion while rewarding businesses that have demonstrated consistent quality and customer satisfaction over time.
Franchise Fee and Costs to Open
Exploring the financial picture of Stretch Med gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $118,160 - $167,363, along with a franchise fee of $49,500 - $49,500.
Financial Performance and Revenue
Yearly gross sales of $263,392 and estimated earnings of $36,875 - $47,411 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.9-5.9 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Stretch Med provides new franchisees with comprehensive training and resources. The initial training, lasting two weeks, is conducted at our corporate headquarters. Stretch Med offers a thorough operational manual and ongoing support. We recommend utilizing provided marketing materials to build local brand awareness. Access to our proprietary software is also offered.
Legal Considerations
Legal considerations for a Stretch Med franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee might navigate evolving local market dynamics and the integration of specialized equipment. Sustaining consistent client acquisition and managing the operational intricacies of a service-based model, including staff training and retention, present ongoing considerations. Understanding and adapting to the specific demands of the local fitness landscape will be a key aspect of the business.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Stretch Med franchise?
How can I estimate the profitability and return on investment (ROI) of a Stretch Med franchise?
What is the franchisee fee for a Stretch Med franchise?
How to open a Stretch Med franchise?
How many locations does Stretch Med have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
