FranchiseVerdict
FV-02468·STRONGExcellent95

Stretchmed

OtherFranchising since 2022
Investment
$118K – $253K
42nd pct Other
Avg revenue
$519K
18th pct Other
Royalty
6.0%
17th pct Other
Units
31
57th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $118K – $253K including a $50K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $519K/year (median $546K). Estimated payback in 1.7 years.
  • Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 24 loans (below the industry average).
  • System growing at 181.8% CAGR over 3 years with 31 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
StretchMed Franchise, LLC
Incorporated in
Puerto Rico
HQ
954 Avenida Ponce De Leon, Suite 205- PMB# 10076, San Juan, Puerto Rico, 00907
Auditor
Gwynn CPAs
Audited financials
Franchisor revenue
$685K
vs $1.3M 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 STRETCHMED unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $518,977
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $118K–$253K
Working capital
$
FDD reports $10K–$50K

Unlevered ROIC · per unit

36%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$78K
EBITDA margin
15.0%
Total invested
$215K
Payback
33 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 STRETCHMED 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

$830K

on $4.2M purchase

Total debt

$3.3M

SBA $2.1M + senior + seller note

Overview

About

STRETCHMED franchisees operate physical wellness facilities offering assisted stretching, mobility services, and recovery therapies to clients. Day-to-day operations involve scheduling client sessions, delivering hands-on stretching treatments, managing staff, maintaining equipment, and driving local marketing to build recurring clientele. Revenue depends heavily on appointment density, pricing per session, and client retention rates.

CEO
Brian Cook
Founded
2020
FDD year
2025
States available
11

Item 7 · what it costs

The Vitals

Total investment
$118K – $253K
All-in to open one unit
Liquid capital
$10K – $50K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
1.7 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$519K
Per unit, per year
Median gross sales
$546K
Item 19 type
Average/Median/Highest/Lowest
Sample size
3 units
vs category median 20 · small
Range (low → high)
$400K$611K
Cohort dispersion
Transparency
7 / 5
vs category median 3 / 5 · above
Revenue rank18th
vs Other peers
Investment cost rank42th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank57th
vs Other peers
Risk score rank5th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
31
Opened
14
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)
+82.4%
Net unit change last year
3-yr CAGR
+181.8%
Compounded over last 3 years
2023
31+14
Franchised units
2024
17
Franchised units
2025
11
Franchised units

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

Item 20 · 13 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 · 13 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
24
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

Early-stage franchise with aggressive growth, regulatory scrutiny, and unverified financial claims presents moderate-to-high risk despite solid unit economics.

Score breakdown · what drove the 42 / 100 rating

  1. 01MINORTwo administrative actions in 2023 (CA/WA) involving auditor licensing and disclosure amendments signal potential compliance or transparency issues
  2. 02MINORHigh franchise fee ($49,500) relative to average net income ($110,021) means 45% of first-year profit goes to franchisor before operations are proven
  3. 03MINORRapid unit growth (82.4% YoY) on small base (31 units) suggests aggressive expansion that may outpace operational support infrastructure
  4. 04MINORNo Item 19 (Financial Performance Representations) provided — cannot verify that average revenue/net income figures are typical or achievable for new franchisees
  5. 05HIGHLitigation in 2023 involving state regulators raises questions about franchisor compliance rigor and disclosure transparency to franchisees

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Zip Code/Radius/Map
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
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
Required
Governing law
Puerto Rico

Item 11

Training & Operations

Classroom training
152 hrs
On-the-job training
0 hrs
POS system
Momence
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

38 numbers

Locked
(747) 200-••••
CA
(813) 445-••••
FL
(443) 472-••••
MD

One-time purchase · CSV download · Validation questions included

FDD download

STRETCHMED · FDD (2025) PDF

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