StretchLab Claimed
StretchLab Franchise For Sale
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. Flexibility decreases excessive tension on muscles and relieves stress from joints. It also corrects muscle imbalances, which helps to improve your overall fitness and helps decrease the risk of injury. Stretching can help you perform better in your workout, sports and everyday life. It improves muscle strength and increases your agility as well as speed, which can help you in your everyday activities. Keeping up a consistent stretching routine can prevent both small and serious future injuries.
Even if you do not workout regularly you will still see great benefits from StretchLab’s assisted stretching. Stretching your muscles as often as possible is the most effective way to improve your flexibility. Our FLEXOLOGISTS offer one-on-one personalized stretching services that will help you run faster, stand straighter and move better! Depending on your preference and your workout regimen, you can do it before or after your workout—or any time in between.
The StretchLab team has designed a proprietary small group class platform which will disrupt the category by making assisted stretching much more affordable, convenient, accessible and introduce assisted stretching to the masses. StretchLab offers first in class instruction and an unmatched customer experience.
We call this approach the StretchLab Method:
- The only brand offering small group classes and communal experience
- Brand-new state of the art studios offering a cultural experience—not clinical and/or sterile
- The best value in Assisted Stretching, with unexpectedly low prices…affordable classes to open up the category and service a broader customer base
Franchise Background
Franchised Units: 1000 sold / 400 open, Xponential wide 3,000 open / 6,000 sold
Company Owned Units: 0 - All franchised
States Registered In: 2023 FDD refiled
Canada Franchises: Yes
International Franchises: Not accepting international referrals at this time
Financial Terms
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: Yes - Semi-Absentee Ownership: The franchisee will need to hire a general manager for day-day operations.
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No
Support & Training
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
Ideal Candidate
WHAT KIND OF FRANCHISEE ARE WE LOOKING FOR?
Great business partners to work with
Looking to follow the play
Manage the manager skills
Personable communication skills
Ability to manage KPI’s
People who want to make a difference in the community
Looking to be a part of something bigger than themselves
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