What intellectual property does Stretch Zone license to franchisees?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
License of Intellectual Property. Subject to the Franchise Agreement, we license to you the right to use the "Stretch Zone® " trade name and the other Intellectual Property. [Section 2.17 of the Franchise Agreement.]
Software. We sublicense to you the right to use the Stretch Net, Career Plug, Office 365, QuickBooks Online, KnetK, Factor 4, Predictive Index, Canva, and Perkville Software under the Software Sublicense Agreement included in Exhibit K. [Section 2.18 of the Franchise Agreement.]
Source: Item 11 — ITEM -11 FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 36–44)
What This Means (2025 FDD)
According to the 2025 Stretch Zone Franchise Disclosure Document, Stretch Zone licenses franchisees to use the "Stretch Zone® " trade name and other intellectual property, subject to the Franchise Agreement. Additionally, Stretch Zone sublicensees the right to use specific software programs, including Stretch Net, Career Plug, Office 365, QuickBooks Online, KnetK, Factor 4, Predictive Index, Canva, and Perkville Software, under the Software Sublicense Agreement.
This means that as a Stretch Zone franchisee, you are granted the right to operate your business under the established Stretch Zone brand and utilize their proprietary resources. The use of the trade name is crucial for brand recognition and leveraging the existing reputation of Stretch Zone. The software programs are essential for managing various aspects of the business, from customer relationship management to financial tracking.
It is important for prospective franchisees to understand the terms and conditions outlined in both the Franchise Agreement and the Software Sublicense Agreement. These agreements will detail the scope of usage rights, any restrictions, and the obligations of the franchisee in maintaining the integrity of the intellectual property. Franchisees should also ensure they stay updated with any changes or updates to the software and intellectual property as communicated by Stretch Zone.