StretchLab is the main assisted stretching model, providing one-on-one and group stretch companies for all ages and health ranges. With heightened shopper consciousness and demand in restoration for holistic wellness, the StretchLab health idea affords customers extra methods to scale back their threat of damage, regain mobility, enhance flexibility vary of movement and reclaim their freedom.
There aren’t any gimmicks or sophisticated gear, only a easy, contemporary answer for everyone it doesn’t matter what their motivation is for getting into the studio doorways. StretchLab’s one-on-one assisted stretching and progressive group stretches are altering lives, and so they’re led by extremely skilled flexologists and fueled by an unwavering dedication to enhancing the lives of its members.
StretchLab’s distinctive and progressive strategy to assisted stretching has created a widespread and devoted following throughout the nation. Known as “the subsequent dominator within the health business” by the New York Occasions, assisted stretching has gained nationwide consideration. StretchLab is now the biggest stretching model within the US with greater than 70 places.
There are quite a few advantages to think about in changing into a StretchLab franchise proprietor.
- First mover benefit: StretchLab has territorial availability throughout all main markets. Do not miss the chance to personal your native market.
- Intensive assist: StretchLab believes intensive coaching drives success — from lease negotiation to construct out, recruitment to finance and gross sales and advertising to sustainable enterprise, franchisees are supported each step of the way in which.
- govt mannequin: StretchLab’s turnkey franchise mannequin gives a very scalable enterprise that permits you to decide your success. It should allow you to leverage vital improvement prices and nationwide vendor relationships to launch your studio efficiently.
- funding: Get pleasure from StretchLab’s recurring income mannequin, distinctive EBITDA margins and confidence in a group with greater than 25 years of expertise in health franchising.
Contemplating franchise possession? Get began now and discover the customized record of franchises that match your way of life, pursuits and price range.
StretchLab is a model whose values communicate on to entrepreneurial-minded franchisee candidates. Think about the advantages of proudly owning a franchise idea that options the next attributes.
- caring: The model deeply cares about serving to folks — bringing vitality to your neighborhood.
- Development: Benefit from the first-mover benefit with multi-location possession in an untapped market.
- Vitality: Carry new life to your portfolio with the consolation of a confirmed construction and assist.
- Freedom: Get pleasure from the advantages of StretchLab’s govt mannequin to construct one thing for your self that’s utterly scalable along with your targets in thoughts.
- Neighborhood: Construct a neighborhood effectively past the studio partitions.
StretchLab is a part of the Xponential Health household of manufacturers, the curator of one of the best health and wellness manufacturers throughout each vertical of boutique health. With greater than 25 years of boutique health franchising expertise inside every model, Xponential Health has the sources and community to make sure continued progress and assist for its franchise companions.
How a lot does a StretchLab franchise price?
To open a StretchLab franchise, listed below are the monetary necessities, money required and ongoing franchise charges related to enterprise possession.
Preliminary franchise price: $60,000.
Preliminary funding: $160,300 to $299,260.
Internet price requirement: $350,000.
Money requirement: $100,000.
Royalty price: 7%.
Advert royalty price: 2%.
Time period of settlement: 10 years.
StretchLab franchising does not supply in-house financing for candidates however does keep relationships with a number of third-party funding sources which provide financing to cowl the franchise price, startup prices, gear, stock, accounts receivable and payroll. Please evaluation Merchandise 7 of the 2022 StretchLab FDD for explanatory notes and extra particulars.
Assist and coaching provided by StretchLab
The Xponential and StretchLab franchising group has the sources and community to make sure continued progress and assist. The model groups information new homeowners via your complete opening course of, from website choice, lease negotiation and development, to recruiting studio workers, activating the membership gross sales course of and advertising the studio. StretchLab gives intensive ongoing coaching, weekly and month-to-month replace webinars and one-on-one assist to information homeowners as their enterprise matures.
Complete coaching and intensive ongoing assist are each pivotal for achievement as a StretchLab franchise proprietor. Listed below are the particular areas the place the model assists franchisees within the system.
- actual property: Obtain the assist that you must navigate website choice and lease negotiation to search out the perfect website to your StretchLab franchise.
- Finance: StretchLab’s finance group will help in mortgage processing via the SBA and most popular financiers.
- Web site construct assist: StretchLab guides new homeowners via your complete build-out course of — from corporate-approved structure and normal development to inside design, onsite safety and expertise.
- You exit: Get pleasure from complete and ongoing gross sales coaching, month-to-month calls and knowledgeable steerage from pre-sale via grand opening and into sustainability. Get launched to the model’s gross sales course of, retail vary and POS system to drive gross sales proper from the beginning.
- Advertising and marketing: The minute you signal your lease settlement, the advertising of your location begins with customized assist to arrange social media, advertising supplies and all technique of producing web site visitors and memberships.
- recruitment: StretchLab is aware of the experience of the flexologist is pivotal for the stretch. Obtain help by hiring probably the most certified flexologists, normal managers and gross sales associates.
- Complete coaching: StretchLab believes intensive assist and complete coaching are pivotal to your success as a StretchLab franchise proprietor. You will attend a three-day coaching course on the model’s company headquarters in Costa Mesa, CA, together with an invite to the annual franchise conference and ongoing weekly assist. Your workers can even endure intensive gross sales coaching to make sure your group excels in your studio’s targets.
Methods to request details about the StretchLab franchise alternative
StretchLab is on the lookout for certified and passionate franchise companions. Listed below are three traits of a passionate StretchLab studio proprietor.
- Ardour to assist folks: StretchLab needs somebody who not solely identifies with its values however is prepared to behave on them to assist others.
- drive for achievement: Somebody who needs to be primary and will not accept much less.
- motivated leaders: Somebody prepared to take motion and never solely lead however inspire their group.
To request extra info on franchise possession, please go to the StretchLab model web page on Entrepreneur‘s franchising web site.
Associated: Why Health Franchises Are Booming