- Units as of 2020
-
82 (79 added in 3 years)96.3%
- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$171K - $291K
Company Overview
About StretchLab
- Industry
- Personal-Care Businesses
- Related Categories
- Fitness , Miscellaneous Health Services, Miscellaneous Personal-Care Businesses
- Founded
- 2015
- Parent Company
- Xponential Fitness
- Leadership
- Anthony Geisler, CEO
Franchising Overview
- Franchising Since
- 2017 (4 years)
- # of employees at HQ
- 24
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 82 (as of 2020)
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
- $171,375 - $290,625
- 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
Interested in opening a StretchLab? Interested in opening a StretchLab?
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
- 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
Interested in opening a StretchLab? We can help you with that!
If you want to know if StretchLab is the right franchise for you, we’re here to help you start the process of opening this business.
Franchise 500 Ranking History
Compare where StretchLab landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where StretchLab ranked on other franchise lists? Find out below.
Fastest-Growing Franchises
Top New Franchises
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AN ANCIENT PRACTICE
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 than 25 years of experience in fitness franchising.

WHAT WE LOOK FOR IN A FRANCHISE PARTNER

PASSION TO HELP PEOPLE

DRIVEN FOR SUCCESS

MOTIVATING LEADERS
Interested in opening a StretchLab?
If you want to know if StretchLab is the right franchise for you, we’re here to help you start the process of opening this business.
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StretchLab

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