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StretchLab - Franchise
Founded in 2015, StretchLab was established in Los Angeles, California to fulfill the vision of creating an affordable assisted stretching concept within the boutique fitness industry. Led by an expert team with more than 25 years experience in fitness franchising, StretchLab is revolutionizing the stretching industry by offering franchise opportunities across all major markets - making the benefits of stretching accessible to all. Referred to as the next dominator in the fitness industry by New York Times and Wall Street Journal, stretching is in its infancy within the market, positioning StretchLab as the market leader. StretchLab is generating a new level of professionalism, instruction and competency for the flexibility and stretching industry. Don’t miss the opportunity to bring StretchLab to your local market!
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
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Net Worth: | $350,000 What does Net Worth mean? |
Franchise Fee: | $49,500 What does Franchise Fee mean? |
Total Investment: | $153,100 - $223,500 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | 10% off the Master License Fee |
Franchisor Details
Facts about this franchise:
Home Office: | Costa Mesa, California |
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Year Founded: | 2015 |
Franchising Since: | 2017 |
What Does a StretchLab Franchise Cost?
To buy a franchise with StretchLab, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $153,100 - $223,500. StretchLab charges a franchise fee of $49,500. They also offer financing via 3rd party as well as a discount for veterans (10% off the Master License Fee). *
Be Part Of StretchLab’s Growth!
Founded in 2015, StretchLab was established in Los Angeles, California to fulfill the vision of creating an affordable assisted stretching concept within the boutique fitness industry. Led by an expert team with more than 25 years experience in fitness franchising, StretchLab is revolutionizing the stretching industry by offering franchise opportunities across all major markets - making the benefits of stretching accessible to all.
Referred to as the next dominator in the fitness industry by New York Times and Wall Street Journal, stretching is in its infancy within the market, positioning StretchLab as the market leader.
StretchLab is generating a new level of professionalism, instruction and competency for the flexibility and stretching industry. Don’t miss the opportunity to bring StretchLab to your local market!
StretchLab is part of the Xponential Fitness family of brands, the curator of the best fitness & wellness brands aross every vertical of boutique fitness. With more than 25 years of boutique fitness franchising experience within each brand, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise partners. Current Xponential Fitness franchise brands include Club Pilates, Row House, CycleBar and AKT.
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 than 25 years of experience in fitness franchising.
What Support Does StretchLab Provide?
Real Estate: Receive the support you need to navigate site selection and lease negotiation to find the ideal site for your StretchLab Franchise.
Finance: Our finance team will provide assistance in loan processing through the SBA and preferred financiers.
Site Build Support: We’ll guide you through the entire build out process from corporate approved layout and general construction to interior design and on-site security and technology.
Sales: Enjoy comprehensive and ongoing sales training, monthly calls, expert guidance from pre-sale through to Grand Opening and into sustainability. Get introduced to our sales process, retail range and POS system to drive sales from the start.
Marketing: The minute you sign your lease agreement, the marketing of your location begins, with personalized support to set up social media, marketing materials and all means of generating website traffic and memberships.
Recruitment: We know the expertise of the flexologist is pivotal for the stretch. Receive assistance hiring the most qualified flexologists, general managers and sales associates.
Comprehensive Training: We believe extensive support and comprehensive training is pivotal for your success as a StretchLab Franchise Owner. You’ll attend a 3-day training course at our corporate headquarters in Costa Mesa, California along with an annual Franchise Convention and ongoing weekly support. Your staff will also undergo extensive sales training to ensure your team excels in your studio’s goals.
Ideal Candidate
We're looking for franchise owners who are outgoing and have sales, marketing, and/or management experience, and who are results oriented. A person who can build relationships, lead a team, and who has the motivation to excel! You must have a minimum of $100,000 in liquid capital, and be ready to make a strong commitment to the StretchLab brand and its growth!
Availability
StretchLab is currently accepting inquiries from the following states:
Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
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