What was the closing balance of the Stretch Zone Media Fund at the end of the fiscal year 2024?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
ns Code requires us to give you a disclosure document, in a form containing the information that the Commissioner may by rule or order require, before a solicitation of a proposed material modification of an existing franchise (California Corporatio
Source: Item 23 — ADVERTISING RECEIPTS AND EXPENDITURES FOR FISCAL YEAR 2024 (FDD pages 44–54)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, the Media Fund's closing balance for the fiscal year ending December 31, 2024, was $127,605. This balance is carried over to the fiscal year 2025. The Media Fund had an opening balance of $205,201 and receipts totaling $2,004,417 during the same period. Expenditures from the fund amounted to $2,082,013.
These figures provide insight into the financial activity of the Stretch Zone Media Fund, which is used for advertising and marketing efforts. Franchisees should understand how these funds are collected and spent, as well as the impact on brand awareness and customer acquisition. The franchisor has sole discretion over the fund.
It is important for prospective franchisees to review the complete Item 23 in the FDD, including all tables and disclosures, to fully understand the advertising fund's operations and how it benefits franchisees. Understanding the Media Fund's financial health and how it is managed can help franchisees assess the value and effectiveness of Stretch Zone's marketing support.