StretchLab
Assisted stretching- 2022 Franchise 500 Rank
-
#498Not ranked last year
- Initial investment
-
$160K - $299K
- Units as of 2022
-
208 477.8% over 3 years
Company Overview
About StretchLab
- Industry
- Health & Wellness
- Founded
- 2015
- Parent Company
- Xponential Fitness
- Leadership
- Anthony Geisler, CEO
- Corporate Address
-
17877 Von Karman Ave., #100
Irvine, CA 92614
More from StretchLab
一个古老的实践
StretchLab’s unique and innovative approach to assisted stretching has created a widespread and devoted following across the country. There are no gimmicks and no complicated equipment, just a simple solution for every-body, no matter why they enter our doors. Our one-on-one assisted stretching and truly original group stretches are changing lives. Consumers are seeking more ways to reduce their risk of injury, regain mobility, improve flexibility and range of motion, and reclaim their freedom. Referred to as “the next dominator in the fitness industry” by New York Times, assisted-stretching has gained national attention; StretchLab is now the largest stretching brand in the US with more than 70 locations open.
STRETCHLAB FRANCHISE BENEFITS
CARING
We deeply care about helping people - bring vitality to your community
GROWTH
Enjoy the first-mover advantage in multi-location ownership in an untapped market
ENERGY
Bring new life to your portfolio with the comfort of our proven structure and support
FREEDOM
Enjoy the benefits of our executive model to build something for yourself that is completely scalable for your goals
COMMUNITY
Build a community well beyond your studio walls
Why StretchLab?
First Mover Advantage:StretchLab has territorial availability across all major markets - don’t miss the opportunity to own our local market!
Extensive Support:We believe extensive training drives success - from lease negotiation to build out, recruitment to finance, and sales & marketing to sustainable business, you’ll be supported every step of the way!
Executive Model:StretchLab’s turnkey franchise model provides a completely scalable business that lets you determine your own success. It will enable you to leverage significant development costs and national vendor relationships to launch your studio successfully.
Investment:Enjoy our recurring revenue model, exceptional EBITDA margins and the confidence in our team that has more than25 years of experience in fitness franchising.
WHAT WE LOOK FOR IN A FRANCHISE PARTNER
PASSION TO HELP PEOPLE
DRIVEN FOR SUCCESS
MOTIVATING LEADERS
Business Overview
- Franchising Since
- 2017(6 years)
- # of employees at HQ
- 26
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Asia, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico
- # of Units
- 208(as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a StretchLab franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $60,000
- Initial Investment
- $160,300 - $299,260
- Net Worth Requirement
- $350,000
- Cash Requirement
- $100,000
- Royalty Fee
- 7%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
franchisees.
- Third Party Financing
- StretchLab has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 23 hours
- Additional Training
- Manager and flexologist training
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Request free information
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Franchise 500 Ranking History
Compare where StretchLab landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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