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StretchLab

StretchLab is revolutionizing the assisted-stretching segment in boutique fitness! Stretching is a pillar program in fitness and an integral part to a healthy lifestyle. Getting in a good daily workout is important, but stretching before and after you exercise is equally, if not more, important.

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StretchLab
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StretchLab Franchise Cost and Requirements for 2024

Background

StretchLab is owned by TPG Growth Partners an $83 Billion Private Equity Fund and is extremely well capitalized and prepared to invest significant resources in order to see the brand develop a nationwide footprint.

Top Selling Points:

  • AUVs - FPRs show Average Unit Volume Sales of $439,168!!
  • Sustainability: Stretching is embedded in our American Culture has been in existence for decades…ask 1,000 people if they think stretching is beneficial to a healthy lifestyle and watch 1,000 people say yes!
  • Semi-Absentee: As an Executive Model, you can effectively hire someone to Manage the Studio
  • Proven Business Model backed by the most elite and proven leadership and development team
  • Demand: Stretching is the only fitness activity that is acknowledged by all to be of value. People have issues with strength training, running, etc. but nobody will tell you stretching is bad for you. Its the ONLY inarguably beneficial fitness activity.
  • 100% Ecommerce business: clients pay online for there sessions/packages
  • Hundreds of A-quality retail locations: a unique brand with no direct franchise competitor
  • Fast ramp up: Low overhead model creates a fast path to profitability

Recession Resistant
Stretching is universally accepted and acknowledge to be beneficial to a healthy lifestyle. Stretching will never go away...and during downturns people focus more on themselves with personal services and fitness to make themselves feel better.

Company Details

Established: 2015
First Unit Franchised: 2018
Franchised Units: 500 open, largest provider of stretch globally
Company Owned Units: 0 - All franchised
States Registered In: 2023 FDD refiled
Canada Franchises: Yes 
International Franchises: Not accepting international referrals at this time

Support and Training Offered By StretchLab

Financial Assistance Provided: NA

Site Selection Assistance: We will assign franchisee a local commercial RE broker to aid in their site selection process. This broker works on all XPO brands in the market and can leverage relationships with landlords where we have already placed XPO units. We also have a VP of Real Estate on the XPO level who works to build relationships with national REITs and also pre-approves sites throughout the county (we currently have 800+ pre approved sites).

Lease Negotiation Assistance: Our XPO RE team & the local broker will help with the LOI & lease negotiations. We also have a panel of pre-approved attorneys to review/approve all lease language.

Recruiting Assistance: XPO has a national recruiter who will help franchisees with job postings

Co-Operative Advertising: Yes

Training: Strong Starts

  • Site selection and lease negotiation
  • Studio construction management
  • Franchise University week-long training
  • Initial hiring visit & Grand opening visit

Real Estate and Construction Support

  • Exceptional National Vendors assist in every aspect of Real Estate
  • Site Evaluation
  • Site Selection
  • Lease Negotiation
  • Lease Review
  • Architecture
  • Engineering
  • Construction Management

2024 Franchise Requirements Needed to Own a StretchLab Franchise.

What does a StretchLab Franchise Cost?

StretchLab franchise fees for 2024:

Total Investment: $156,200 - $386,100

Cash Investment: $100,000

Minimum Net Worth: $500,000


Franchise Fee: $60,000
Royalty: 7%
Ad: up to 2%
Average Number of Employees: 5-10
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: Semi-Absentee Ownership: The franchisee will need to hire a general manager for day-day operations. This is a true manger run model. Not passive.
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No

Is StretchLab a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. StretchLab is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is StretchLab a Home Based franchise?

No. StretchLab is not a home based franchise opportunity.

What Do StretchLab Franchise Owners Make?

Click here to find out how much StretchLab franchisees make. StretchLab offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is StretchLab a Master Franchise Opportunity?

No. StretchLab is not a master franchise opportunity.

Does StretchLab Offer a Veteran Discount?

No. StretchLab franchise does not offer a veteran discount.

Does StretchLab Work with E2 Visa and EB-5 Visa Candidates?

Yes. StretchLab franchise does work with E2 Visa and EB-5 Visa candidates.

Is StretchLab Looking for Franchisees in Canada?

Yes. StretchLab franchise is looking for Canada franchisees.

Is StretchLab Looking for International franchisees?

No. StretchLab franchise is not looking for International franchisees.

Where can I see StretchLab's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Fitness, Health, Beauty & Nutrition, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

StretchLab Franchises for Sale

Click Here to inquire about existing StretchLab franchises for sale. We may have StretchLab franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to StretchLab

Fitness Together, Hard Exercise Works, Snap Fitness, Fitness Machine Technicians, Axe Monkeys, RockBox Fitness, MELD Fitness + Wellness, Farrell's eXtreme Bodyshaping, Orangetheory Fitness, Anytime Fitness, Planet Fitness, F45 Training, Crunch, Burn Boot Camp, Gold's Gym, Eat the Frog Fitness, World Gym, Amazing Athletes, Jazzercise, Club Pilates, Body20, Special Strong, Elite Home Fitness, YogaSix, Aqua-Tots Swim Schools, Pure Fitness

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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