Kika Stretch Studios Franchise Review
Kika Stretch Studios is graded based on our most recent FDD research!
Franchise Information
What is the upfront cost to be a franchise owner of a Kika Stretch Studios franchise?
Kika Stretch Studios has an initial franchise fee of up to $40,000, with a overall upfront investment range of $75,710 to $109,140.
- Initial Franchise Fee: $40,000
- Total Investment: $75,710 to $109,140
- Working Capital: $15,000 to $25,000
- Royalty Fee: 7.0%
The upfront cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to buy a Kika Stretch Studios, such as territory fees, construction and costs, pre-opening, marketing, and technology fees.
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How much can I earn by owning a Kika Stretch Studios franchise?
As with any new business, the franchise owner's salary and the earnings from a Kika Stretch Studios business depends on a lot of different factors. One way to validate the potential revenues or profits generated from a Kika Stretch Studios franchise investment is to review the franchisor's Item 19 within their FDD. Typically, profits and owner's income are correspond to the size of the investment and number of locations you own. Demand for your products, your labor costs, commercial lease rates and a number of other variables also play a huge role in your profit margin and your personal salary
For more details and system-specific data on the earnings of a Kika Stretch Studios franchise opportunity, unlock this franchise
How many franchise locations does Kika Stretch Studios franchise system have?
As of the 2021 Franchise Disclosure Document, there are 8 franchised Kika Stretch Studios locations across the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any Kika Stretch Studios franchises in my city?
Based on 2021 FDD analysis, Kika Stretch Studios has franchised locations in 6 states. There could be zero outlets in several states as each franchise maps out their growth strategy differently.
Based on our research this franchise opportunity is expanding into new markets and could be available near you. While planning your franchise purchase, you always need to be thinking about where is a good location for my business. Review the potential customer base to assess that the area you are looking at has a need or want for this business.
One of our consultants will have detailed knowledge about this franchise opportunity. Sign up to learn more and talk with our researchers.
Last Reviewed: 2021
Sector: Personal Services
Category: Fitness and Gym
Kika Stretch Studios Franchise DATA
10 Years
5 Years
1
8
7.0%
1.0%
ADDITIONAL QUESTIONS
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 80 hours. This includes 40 hours of classroom training, 40 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 40 |
| Classroom | 40 |
| Total | 80 |
Do they offer Territory Rights?
Kika Stretch Studios offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.
Do they have marketing and technology support in place?
Yes, Kika Stretch Studios offers comprehensive support for franchisees. Unlock this franchise to find out more.
When did they begin franchising?
They began franchising in 2018. The average Fitness and Gym franchise began franchising in 2013.
Do they offer lending support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this franchise for instant access to our research findings, including:
- Growth projections
- Turnover projections
- Financial details
- Initial and renewal terms
- Royalties and marketing fees
- Critical Franchise FAQs
- Our grade and free access to consult with a franchising expert
- What are the historical franchisee revenues?
- Do they provide Veteran or First Responder discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Is this brand affiliated with any other franchise companies or private equity investment groups?
- How many new outlets have they sold over the last 5 years?
- How many franchised outlets have closed over the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have terminated over the last 5 years?
- Do they operate any corporate or affiliate owned outlets?
- How many years is their initial and renewal term lengths?
- How do they solve franchisee disputes?
- How long has the franchisor been in business?
- Are they expanding internationally?
- How are the royalty, advertising and marketing funds administered and managed by the franchisor?
- How are territories defined?
- What is the role of technology in the operation of the franchise?
- Why has new franchisee growth been so high?
- What are the critical requirements for operating a successful franchised location in this brand?
- Are you required to work as an owner-operator or is this a passive franchise opportunity?
- Will the franchisor refund any upfront fees under certain circumstances?