
Cash Investment (Liquid): $100,000
Minimum Investment: $171,375
Maximum Investment: $290,625
Minimum Net Worth: $350,000
Franchise Fee: $60,000
Business Type
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Retail
B2B/B2C
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B2C
Discounts
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NA
Average # of Employees:
1-5
Participation Type:
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Executive Model
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Semi-Absentee
Background
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Year Established: 2015
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Year First Franchised: 2018
StretchLab
WHO ARE WE?
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.
Why US?
As the FIRST and ONLY group assisted stretching fitness concept offered as a Franchise opportunity, StretchLab was built to LEVERAGE this existing awareness and demand in every market and provide a business opportunity for entrepreneurs to enjoy a great margin business that is relatively simple to operate. A unique and unmatched user experience! As an Executive Model, you can effectively hire someone to manage the studio and spend your time developing your other interests.
Business Model
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The Experience
- The class and one-on-one sessions occur in a beautiful setting that delivers affordable luxury
- First in class instruction with the first accredited flexologist certification in the category
- The only brand to offer small group classes
- Best value in the category offering stretching at a fraction of the cost compared to competitors
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The Membership Based Structure
- No contracts, no long-term commitments, no accounts receivable
- Recurring revenue model
- Revenue is generated online 24 hours a day / 7 days a week
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Simple Human Resources ... Not labor intensive
- Semi-Absentee, very few employees
- 1 Instructor to 6 client ratio during group sessions
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5-8 Classes offered each day along with private sessions
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Modern design in a 1,500 sq. ft. footprint
Support
Strong Starts
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Site selection and lease negotiation
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Studio construction management
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Franchise University week-long training
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Initial hiring visit & grand opening visit
Ongoing Support
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Monthly support calls - to track business progress
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KPI training
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2X yearly field support visits - Bi Annual Review
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Turn-key annual marketing calendar
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Marketing support
Real estate and construction support
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Exceptional National Vendors assist in every aspect of Real Estate
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Site Evaluation
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Site Selection
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Lease negotiation
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Lease review
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Architecture
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Engineering
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Construction Management
Function of the Owner
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Oversee marketing
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Manage the managers
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Manage finance/accounting
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Hire, train, and manage manager
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