- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$169K - $293K
- Units as of 2023
-
1
Company Overview
About iFlex Stretch Studios
| Industry | Health & Wellness |
|---|---|
| Related Categories | Assisted Stretching, Fitness |
| Founded | 2022 |
| Parent Company | iFlex Franchise LLC |
| Leadership | James Adelman, President |
| Corporate Address |
7150 E. Camelback Rd. Scottsdale, AZ 85251 |
| Social | Facebook, LinkedIn, Instagram |
More from iFlex Stretch Studios
Introducing iFlex Stretch Studios, the newest concept from the founders of The Joint Chiropractic, one of the nation’s leading networks of affordable chiropractic care, which has grown to over 850 locations nationwide.
By making quality assisted stretching affordable and convenient for clients seeking pain relief and ongoing wellness, iFlex Stretch Studios is raising the bar for the stretching profession.
Why You May Want to Start an iFlex Stretch Studios Franchise?
Choosing an iFlex Stretch Studio is a decision driven by a commitment to holistic wellness and exceptional service. The studio’s focus on resistance stretching, strategically designed to reset muscle length and increase neurological control, is a game-changer in promoting flexibility and relieving tension. What truly sets iFlex apart is its dedication to creating semi-private spaces using privacy partitions, ensuring a personalized, distraction-free experience. This innovative approach underscores their client-centric philosophy, making every session comfortable and tailored to individual needs. By opting for an iFlex Stretch Studio, you’re not just embracing a stretching routine; you’re welcoming a journey towards improved mobility, reduced stress, and a revitalized sense of well-being under the guidance of certified professionals who prioritize your unique goals.
By making quality assisted stretching affordable and convenient for clients seeking pain relief and ongoing wellness, iFlex Stretch Studios is raising the bar for the stretching profession.
What Might Make an iFlex Stretch Studios Franchise a Good Choice?
As with any other business, specific factors like labor costs, commercial lease rates, and, most importantly, location are essential to consider when opening an iFlex Stretch Studios franchise. The wellness industry is experiencing remarkable growth, with people increasingly seeking personalized solutions for their health and fitness needs. iFlex’s unique approach to assisted stretching, emphasizing resistance stretching techniques and individualized semi-private sessions with privacy partitions, positions franchisees at the forefront of this burgeoning trend. With proven systems, iFlex Franchise provides franchisees with the best chance to continue operations while working at a job they find enjoyable.
Many potential franchisees wonder what the cost of opening a studio will be. To be part of the iFlex Stretch Studios franchise team, you should ensure you’re financially ready for an initial investment, including a franchise fee and other startup costs. You should also be prepared for ongoing fees made up of royalty fees and advertising fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
Business Overview
| Franchising Since | 2022 (2 years) |
|---|---|
| # of employees at HQ | 10 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 1 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a iFlex Stretch Studios 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
|
$39,000 |
|---|---|
|
Initial Investment
|
$169,350 - $293,450 |
|
Net Worth Requirement
|
$300,000 |
|
Cash Requirement
|
$100,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
7% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | iFlex Stretch Studios has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 16 hours |
|---|---|
| Classroom Training | 30 hours |
| Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty 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 |
| # of employees required to run | 6-12 |
|
Are exclusive territories available?
|
No |
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