2023 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$372K - $534K
Units as of 2022
16 1,500.0% over 3 years

Stride is about indoor running, as this franchise puts a twist on conventional fitness studios. Instead of offering various fitness classes and equipment, Stride usually focuses on runners of every level. It does not matter if the client is a runner, jogger, or walker. Stride strives to work with each client at their fitness level to help them reach their goals.

Stride was founded in 2017 and began franchising in 2019. It is backed by the well-known parent company Xponential Fitness, potentially giving the company all the tools to succeed.

Why You May Want to Start a Stride Franchise

Stride’s franchise model might allow you to decide how big or how small you want to go. You can choose how much you want to do. Also, opening a Stride franchise may allow you to provide a service to your community. 

You may be given the option to choose to take over an existing studio and not have to deal with the process of building and opening a new studio. You also generally get to indicate how long you would like it to take to open the studio.

Stride is one of the first of its kind. Sure there are other fitness studios, but there are not many studios wholly dedicated to indoor running. Stride franchises generally have certified run coaches that lead interval classes. The franchises are also usually outfitted with state-of-the-art Woodway treadmills.

What Might Make a Stride Franchise a Good Choice?

Do you emphasize inclusivity and have a passion for progress? If yes, it may be to think about opening a Stride franchise in your town. 

Stride has brand strength as well as support from its parent company, Xponential Fitness. This franchise is not usually one without financial support, as it has partnered with third-party sources to help franchisees cover financial costs if they need help. This may be a major positive for new franchisees.

Stride tries hard not to leave you in the dust. The company puts its franchisees through training in an effort to best prepare them to run their franchise. This training typically includes lease negotiation, recruitments, finance, sales, marketing, sustainable business models, and more. Even when training is finished, you may still access additional support, if you need it.

How Do You Open a Stride Franchise?

The process to becoming a Stride franchisee is fairly straightforward. However, that doesn't mean you shouldn't come prepared with a plan for how you want to roll out your studio. 

First, evaluate whether you want to develop a single unit or multiple units. It's also important to consider how quickly you'd like to open. Stride may ask you about a time frame: 0-6 months, 6-12 months, or more than 12 months. During the process, you can also let Stride know if you're interested in developing a new studio, existing studio, or both.

To be part of the Stride team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

If you like to push your limits and lengthen your stride, you might want to think about opening your own Stride studio.

Find Your Perfect Franchise

Company Overview

About Stride Fitness

Related Categories
Fitness
Founded
2017
Parent Company
Xponenital Fitness LLC
Leadership
Anthony Geisler, CEO
Corporate Address
17877 Von Karman Ave., #100
Irvine, CA 92614
Sponsored Content

More from Stride Fitness

Hit. Your. Stride.

 

CREATE A THRIVING FITNESS COMMUNITY FOR ALL FITNESS LEVELS

Founded in 2017, STRIDE Fitness is a treadmill-based interval training concept, delivering a total-body workout designed for every fitness level. An engaging program led by dynamic certified run coaches and utilizing heart-rate monitoring technology, STRIDE Fitness offers a supportive and inclusive environment providing three signature class formats including interval, endurance-based, and strength training.

Running is an essential mode of fitness. It is the most engaging, most effective way to achieve your mental and physical goals. Empowering, inspiring, and motivating. Running is the vehicle that propels you towards your strongest, most confident self and STRIDE will help you get there.

Running Member

WHY OWN A STRIDE FITNESS?

With studios in some of the most competitive markets across the nation and almost 90 licensed locations, STRIDE Fitness is the first and only treadmill-based interval training brand. Based on the most universal modality in the world that has recently experienced a resurgence and participation, STRIDE Fitness is delivering an effective and dynamic total-body workout for a loyal, growing member base.

THE STRIDE BENEFITS:

Stride trainer and member

FIRST MOVER ADVANTAGE

With studios in some of the most competitive markets in the U.S, there is still extensive market opportunity - be the first to bring STRIDE to your local market and help others find their finish line!

push up member

SMART INVESTMENT & SEASONED SUPPORT TEAM

Along with STRIDE Fitness attracting a broad range of members to market to, you can also enjoy a low-cost entry, a recurring revenue model, strong EBITDA margins, and the confidence in our team that has decades of experience in fitness franchising. We know how to grow household name brands.

Member-trainer fist bump

EXECUTIVE MODEL

Our franchise model provides a completely scalable business, allowing you to determine your own success. Leverage development costs and national vendor relationships to launch your studio successfully.

Man running on treadmill

ALWAYS EVOLVING MEMBER EXPERIENCE

Our member experience is the core of what we do. We curate and consistently update class programming and music while empowering our coaches to ficilitate member growth class after class as their needs evolve.

 

Trainer giving instruction

EXPERT & EXTENSIVE SUPPORT

The Xponential & STRIDE Fitness team has the resources and network to ensure your continued growth & support. We'll guide you through the entire opening process, from site selection, lease negotiation, and construction, to recruiting your studio staff and activating your membership sales process, and marketing your studio. We provide extensive ongoing training, weekly & monthly update webinars, and one-on-one support as your business matures.

Stride Resistance training

Stride Gym - People on treadmills.

Business Overview

Franchising Since
2019 (4 years)
# of employees at HQ
21
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees in the following international regions: Asia, Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico

# of Units
16 (as of 2022)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Stride Fitness 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
$372,412 - $533,512
Net Worth Requirement
$500,000
Cash Requirement
$100,000
Royalty Fee
7%
Ad Royalty Fee
2%
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
Stride Fitness 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.

On-The-Job Training
1 hour
Classroom Training
22 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
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
Are exclusive territories available?
Yes

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022