factual

How much is the monthly Technology Fee for the Stretch Zone software?

Stretch_Zone Franchise · 2025 FDD

Answer from 2025 FDD Document

Typeof Fee Amount Due Date Remarks
Royalty Fee1 7% of Gross Revenues Beginning on the first full calendar month, however, you must pay a minimum monthly Royalty Fee of $900. Deducted from ClubReady remittances twice weekly2 “Gross Revenues” means the entire amount of all your revenues generated from the ownership or operation of the Franchise Business as defined in the Franchise Agreement.
Technology Fee1 Currently $375 per month Deducted from ClubReady remittances2 The fee includes a listing on our Website, a store location e-mail address per location, and use of Stretch Net (our Intranet access), Career Plug, QuickBooks, Microsoft Office 365, KnetK, Factor 4, Predictive Index, Canva, and Perkville.

Source: Item 6 — ITEM -6 OTHER FEES (FDD pages 16–33)

What This Means (2025 FDD)

According to Stretch Zone's 2025 Franchise Disclosure Document, the Technology Fee is currently $375 per month. This fee is deducted from ClubReady remittances. The Technology Fee covers a listing on Stretch Zone's website, a store location e-mail address per location, use of Stretch Net (their Intranet access), Career Plug, QuickBooks, Microsoft Office 365, KnetK, Factor 4, Predictive Index, Canva, and Perkville.

This fee is payable to Stretch Zone. Franchisees are required to open a separate operating account with a bank for the Franchise Business. All Royalty Fees, Technology Fees, and other invoices due to Stretch Zone and their Affiliates, and Media Fund contributions, are paid from remittances from members that have been deposited into the operating account by ClubReady processing payments.

It is important to note that Stretch Zone can initiate payments through the ClubReady Electronic Payment System for invoices that are due to them. The franchisee must cooperate with Stretch Zone to implement the Payment System within 15 days before the Opening Date and in maintaining the efficient operation of the Payment System, including depositing all Gross Revenues received into the operating account within 1 Business Day of receipt. This ensures that Stretch Zone can collect the Technology Fee and other fees in a timely manner.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.