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StretchLab Franchise: A Booming Opportunity in the Wellness […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2018
Category Locations: Retail
Available Ownership Type: Executive,Semi-Absentee
Corporate HQ City: Irvine
Corporate HQ State: California
Investment Range: $100,000+
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $60,000
Royalty Percentage: 7%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes


StretchLab Franchise: A Booming Opportunity in the Wellness IndustryStretchLab is the leading assisted stretching franchise in the world, offering a unique and effective approach to improving flexibility, reducing pain, and enhancing overall well-being. Founded in 2015, the brand has rapidly grown to over 300 studios across North America and over 800 licensed locations globally, making it a highly attractive opportunity for potential franchisees.Why Consider a StretchLab Franchise?There are several compelling reasons to invest in a StretchLab franchise:Strong Brand Recognition: StretchLab is a well-established brand with a loyal following and a reputation for exceptional service. This established brand recognition means less effort required for marketing and customer acquisition.Recurring Revenue Model: StretchLab memberships provide a predictable source of income, making it a stable and reliable business model.Low Inventory and Operating Costs: Compared to other fitness franchises, StretchLab requires minimal equipment and inventory, keeping operating costs low.Comprehensive Training and Support: StretchLab provides extensive training and support to its franchisees, ensuring they have the tools and resources needed to succeed.What Does it Take to Become a StretchLab Franchisee?To become a StretchLab franchisee, you must have a minimum liquid capital of $100,000 and a net worth of $350,000. You should also have experience in sales, marketing, and/or management, and be passionate about the fitness and wellness industry.If you're looking for a rewarding and profitable franchise opportunity, StretchLab is definitely worth considering. With its proven track record, strong brand recognition, and comprehensive support system, StretchLab is poised for continued growth in the years to come.Additional Information:StretchLab offers a variety of franchise models, including traditional studio franchises, mobile units, and pop-up locations.The average StretchLab franchise generates over $629,000 in annual sales.StretchLab has been recognized by Inc. Magazine, Entrepreneur Magazine, and other leading publications as a top franchise opportunity.

Support & Training offered by StretchLab

StretchLab Franchise Support and Training: A Comprehensive OverviewStretchLab understands the importance of comprehensive support and training for its franchise owners to ensure their success. They offer a robust program covering various aspects of owning and operating a StretchLab studio. Here's a breakdown:Pre-Opening Support:Site selection and lease negotiation: StretchLab's real estate team helps find the ideal location and negotiates favorable lease terms.Construction and design: They provide detailed studio design plans and guide you through the construction process.Equipment procurement: Leverage their national vendor relationships to acquire equipment at competitive prices.Staff recruitment and training: Assistance in hiring qualified Flexologists, General Managers, and Sales Associates.Technology and software setup: Get your studio equipped with the necessary technology and software for smooth operations.Marketing and launch plan development: Collaborate with their marketing team to create a customized launch plan for your local market.Training:3-day Franchisee Training: Attend an intensive training program at the corporate headquarters covering business operation, sales, marketing, and leadership skills.Staff Training: Your team receives detailed training on assisted stretching techniques, customer service, and sales.Ongoing Webinars and Training Sessions: Weekly and monthly webinars on various topics like marketing, operations, and employee management.Annual Franchise Convention: Network with other franchise owners and learn from industry experts.One-on-One Support: Dedicated Franchise Business Consultants provide personalized guidance and address your specific needs.Additional Support:Marketing and operational materials: Access to ready-made marketing materials, operational manuals, and best practices guides.Field operations team: Regional field representatives will visit your studio regularly to offer support and guidance.Performance dashboards and reports: Track your studio's performance through detailed dashboards and reports.National buying power: Benefit from StretchLab's national buying power for discounted equipment and supplies.Overall, StretchLab's support and training program aims to equip you with the knowledge, resources, and network to successfully launch and operate your StretchLab studio. They strive to be a guiding partner throughout your ownership journey, maximizing your chances of success in the rapidly growing assisted stretching market.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $162,575 - $333,875
Master Franchise false
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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