FranchiseVerdict
Stretch Zone logo
FV-02467·STRONGExcellent95

Stretch Zone

Health & Wellness - OtherFranchising since 2016Website
Investment
$134K – $241K
35th pct Other
Avg revenue
$393K
11th pct Other
Royalty
6.0%
16th pct Other
Units
330
93rd pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $134K – $241K including a $60K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $393K/year (median $387K).
  • Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 70 loans (below the industry average).
  • System growing at 115.7% CAGR over 3 years with 330 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Stretch Zone Franchising LLC
Parent company
SZ PEP Holdco, LLC
Incorporated in
Florida
HQ
6700 North Andrews Avenue, # 210, Fort Lauderdale, FL 33309
Auditor
EisnerAmper LLP
Audited financials
Franchisor revenue
$8.6M
vs $11.9M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Stretch Zone unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $392,549
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $134K–$241K
Working capital
$
FDD reports $10K–$20K

Unlevered ROIC · per unit

43%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$86K
EBITDA margin
22.0%
Total invested
$202K
Payback
28 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Stretch Zone units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.2M

on $5.9M purchase

Total debt

$4.7M

SBA $2.9M + senior + seller note

Overview

About

Franchisees operate Stretch Zone locations offering one-on-one assisted stretching services to improve flexibility and mobility. Day-to-day operations include conducting 25-30 minute stretch sessions, managing client scheduling/billing, maintaining facility cleanliness, and handling staff management. The model relies on repeat clientele and membership revenue rather than transactional foot traffic.

CEO
Tony Zaccario
Founded
2015
FDD year
2024
States available
40

Item 7 · what it costs

The Vitals

Total investment
$134K – $241K
All-in to open one unit
Liquid capital
$10K – $20K
Cash you must have on hand
Franchise fee
$60K
Royalty
6.0%
Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$393K
Per unit, per year
Median gross sales
$387K
Item 19 type
Gross Revenues
Sample size
235 units
vs category median 12 · large
Range (low → high)
$126K$969K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank11th
vs Health & Wellness - Other peers
Investment cost rank35th
Lower investment ranks lower (better)
Royalty rate rank16th
Lower royalty = lower percentile (better)
Unit count rank93th
vs Health & Wellness - Other peers
Risk score rank4th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
330
Opened
90
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+37.5%
Net unit change last year
3-yr CAGR
+115.7%
Compounded over last 3 years
2022
330+90
Franchised units
2023
240
Franchised units
2024
153
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 10 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 10 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
70
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

42
Risk · 0-100
STRONG42 / 100

Rapid expansion, prior litigation, and absent financial disclosures (Item 19 and net income) create moderate-to-high uncertainty around unit economics and corporate stability despite reasonable investment size and protected territories.

Score breakdown · what drove the 42 / 100 rating

  1. 01MEDNo Item 19 (Average Unit Volume) disclosed — cannot validate $392,549 avg revenue claim or unit economics
  2. 02HIGHSignificant litigation history: $5.25M buyout settlement in 2020 suggests material governance/ownership disputes at corporate level
  3. 03MINORHigh unit growth (37.5% YoY) may indicate aggressive recruitment masking underlying unit quality issues or market saturation concerns
  4. 04MINORRoyalty structure incentivizes corporate growth over franchisee profitability; minimum $900/mo ($10,800/yr) may not cover service costs at low-revenue locations
  5. 05MEDNet income not disclosed — cannot assess actual franchisee profit margins; combined with missing Item 19, suggests weak financial transparency

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Florida

Item 11

Training & Operations

Classroom training
125 hrs
On-the-job training
40 hrs
POS system
ClubReady
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

97 numbers

Locked
(907) 644-••••
AK
(772) 217-••••
FL
(772) 708-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

Stretch Zone · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above