STRIDE

STRIDE is here to reinvent the definition of a runner with their dynamic indoor running studios across the country! Recognized by serious athletes for decades as one of easiest, most engaging, and most effective ways to achieve your mental & physical goals, running is one of the main pillars of fitness and works in every market in the country.

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STRIDE

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STRIDE Franchise Cost and Requirements for 2024

Recession Resistant Running has been around forever in the fitness segment, which is one of the most recession proof segments in franchising today. Running will never go away...and during downturns people focus more on themselves with personal services and fitness to make themselves feel better. STRIDE is delivering the widest, most accessible walking/running exercise offering in the country, in an unmatched platform, at a reasonable and moderate price point.

Issues and Ambushes

This will only work in Urban Markets…
Answer: Running exists in EVERY market in the country and middle to middle upper class suburban markets all over the country are target rich and ripe for STRIDE. The concept targets upper middle markets the same as all other premium brands.
Market is saturated or what about people that are already going to public gyms?
Answer: Mom and Pops and public gyms are not able to deliver anything close to the level of Class Versions, Class availability, Instruction, Experience, Equipment and Platform of a STRIDE. People are always looking for better services and a better experience as long as it's reasonably priced. At STRIDE, a client will have a unique experience designed to meet their specific needs and aspirations, rather than being an afterthought at a public gym…a variety of classes for all types of people.

Hooks and Hangers

AUVs - FPRs show Average Unit Volume Sales for the first 6 months of 2019 - $397,314!!
Sustainability : Running is embedded in our American Culture has been in existence for decades
Semi-Absentee: As an Executive Model , you can effectively hire someone to Manage the Studio
Proven Business Model : Concept born in 2016/opened 2017; Very similar model to Club Pilates
Demand: Growing Obesity, All-age, uni-sex broad market creates High demand for services
100% Ecommerce business: clients pay online for their membership with reoccurring EFT
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

Financial Strength and Management Strength: STRIDE is extremely well capitalized and prepared to invest significant resources in order to see the brand develop a nationwide footprint. Xponential Fitness, LLC is the direct parent company of STRIDE. Xponential Fitness, LLC is led by CEO, Anthony Geisler, who 20 years ago established, built, and successfully sold LA Boxing Club and is partnered with Mark Grabowski & Morgan Stanley. These parent entities will provide the funding if and when necessary to meet target goals and objectives, led by Anthony's direction and leadership.

Established: 2017
First Unit Franchised: 2019
Franchised Units: As of As of 06/30/2021 - 76 sold & 6 open locations (so far) [Xponential Fitness wide system - 1839 studios open/3603 sold]
Company Owned Units: 0
States Registered In: FDD filed
Canada Franchises: Yes - accepting Canadian referrals
International Franchises: Yes - not accepting international referrals at this time

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: No

Training: Franchisor support: initial training, on-going support, help lines, field support, annual meetings, advertising, central purchasing, etc.

Strong Starts

Site selection and lease negotiation
Studio construction management
Franchise STRIDE University 3 day training
Initial hiring visit & Grand opening visit

Ongoing Support

Monthly proactive support calls to track business progress & provide new strategies
KPI training
Turnkey annual marketing calendar
Ongoing marketing support

Real Estate and Construction Support

Exceptional National Broker Relationships
Site Evaluation
Site Selection
Lease Negotiation
Lease Review
Architecture
Engineering
Construction Management

What does a STRIDE Franchise Cost?

STRIDE franchise fees for 2024:

Total Investment: $366,750 - $546,950

Cash Investment: $100,000

Minimum Net Worth: $500,000

Franchise Fee: $60,000
Royalty: 7%
Ad: 2%
Average Number of Employees: 8-10
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No

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

Yes. STRIDE 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 STRIDE a Home Based franchise?

No. STRIDE is not a home based franchise opportunity.

What Do STRIDE Franchise Owners Make?

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

Is STRIDE a Master Franchise Opportunity?

No. STRIDE is not a master franchise opportunity.

Does STRIDE Offer a Veteran Discount?

No. STRIDE franchise does not offer a veteran discount.

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

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

Is STRIDE Looking for Franchisees in Canada?

Yes. STRIDE franchise is looking for Canada franchisees.

Is STRIDE Looking for International franchisees?

No. STRIDE franchise is not looking for International franchisees.

Where can I see STRIDE'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 Categories

Fitness, Health, Beauty & Nutrition, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Passive Franchise

Yes

Home Based Franchise

Item 19 Franchise

Yes

Veteran Discount

B2B

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

E2 Visa Franchise

Yes

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

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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Red Boswell, President

STRIDE Franchise Cost and Requirements for 2024

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Company Details

Support and Training Offered By STRIDE