Stretch-n-Grow International was founded in 1992 by fitness guru Jill Manly. Upon becoming pregnant and researching early childhood fitness, Manly discovered the lack of fitness and fitness education among toddlers and young children. She decided to take a pro-active approach and established Stretch-n-Grow in her hometown of Galveston, Texas. The company then began franchising in 1993.
Stretch-n-Grow franchises provide programs ranging from after-school sessions, parties, and camps. The classes are usually taught at locations such as community centers, grade schools, day-care facilities, YMCA and YWCA's, and other locations dedicated to community service. They offer programs for children ages 18 months to twelve years. They are currently franchised in 12 countries and the claim to be the "world's largest network of children's fitness professionals".
Stretch-n-Grow is a home based franchise. This results in lower out-of-pocket start up expenses as there is no need to rent office or commercial space. The estimated cost of starting a franchise is $23,700. This includes a franchise fee of $22,600. There is a low ongoing royalty fee of $150 per month. The parent company does not offer financing for the start up costs, but they do allow the franchisee to obtain third party financing. Specific business experience is not required but a cash liquidity of $20,000-25,000 is mandated. Absentee ownership is not allowed and the business can be run by one individual.
Specialized training is provided by the parent company, both in the area of fitness and marketing. A three-day intensive training session is held at the company headquarters and the cost of airfare, transportation, and hotel accommodations are included in the franchise fee. As a result of the training programs, each franchisee becomes certified in youth fitness. Stretch-n-Grow also provides ongoing training and support in a variety of different ways.
If you enjoy children and fitness, then you may want to investigate Stretch-n-Grow as a potential business opportunity. It is, however, important to keep in mind that a significant amount of marketing and prospecting will need to be done on a consistent basis and it is doubtful that this type of opportunity will lead to strong residual income in the future.
Greg Preite is a successful business owner and online marketing consultant and mentor. He is passionate about helping other achieve their dreams and goals. Read additional franchise reviews including many lower cost, home based franchise options.
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