Stride

Stride

Indoor running studios
Want to open a Stride?
2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$367K - $547K
Units as of 2021
5 400.0% over 3 years

Company Overview

About Stride

Related Categories
Fitness
Founded
2017
Parent Company
Xponential Fitness LLC
Leadership
Anthony Geisler, CEO
Sponsored Content

More from Stride

Hit. Your. Stride.

 

OWN A STRIDE FRANCHISE

STRIDE is here to reinvent the definition of a runner, where we’ve created a space where running is for all fitness levels of walker, jogger or runner. It is the first and only indoor running franchise, where Certified Run Coaches lead dynamic interval classes and members choose their speed & intensity on state-of-the-art Woodway treadmills to match their individual fitness level and goals.

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.

WHY OWN A STRIDE STUDIO?

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FIRST MOVER ADVANTAGE

With a proven concept in a number of competitive markets, STRIDE has extensive market potential - be the first to bring STRIDE’s truly unique and highly efficient running concept to your local market!

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EXTENSIVE SUPPORT

We believe extensive training drives your 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!

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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.

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STRONG INVESTMENT

Enjoy a low-cost entry, a recurring revenue model, truly exceptional EBITDA margins and the confidence in our team that has decades of experience in fitness franchising.

 

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CLAIM YOUR TERRITORY

Backed by the largest Fitness Franchise, Xponential Fitness, STRIDE has the brand strength and proven franchise model to deliver excellent profit potential. International & U.S. markets are available for multi-unit and single-unit investors. Don’t miss the opportunity to own your local market!

Stride Gym - Women on Treadmill

Stride Gym - People on stair machines.

Franchising Overview

Franchising Since
2019 (2 years)
# of employees at HQ
19
# of Units
5 (as of 2021)

Franchisor Information

Corporate Address
17877 Von Karman Ave., #100
Irvine, CA 92614

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Stride 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
$366,750 - $546,950
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 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
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

Franchise 500 Ranking History

Compare where Stride landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021