
Kika Stretch Studios
Assisted stretching- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$76K - $109K
- Units as of 2021
-
13 550.0% over 3 years
Company Overview
About Kika Stretch Studios
- Industry
- Personal-Care Businesses
- Related Categories
- Assisted Stretching, Health & Wellness, Fitness
- Founded
- 2011
- Parent Company
- Kika Stretch Inc.
- Leadership
- Adria Pullins, Franchise Development
Franchising Overview
- Franchising Since
- 2018 (4 years)
- # of employees at HQ
- 5
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 13 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Kika Stretch Studios franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $40,000
- Initial Investment
- $75,710 - $109,140
- Net Worth Requirement
- $200,000 - $500,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 7%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Kika Stretch Studios offers in-house financing to cover the following: franchise fee, equipment, inventory
- Third Party Financing
- Kika Stretch Studios has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 10 hours
- Classroom Training
- 30 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Kika Stretch Studios franchise.
Additional Rankings
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