ShapeXpress vs StretchLab Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ShapeXpress vs StretchLab including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
ShapeXpress Franchise
StretchLab Franchise
Investment $89,500 - $152,000$153,100 - $223,500
Franchise Fee $20,000$49,500
Royalty Fee Varies-
Advertising Fee --
Year Founded 20022015
Year Franchised 20032017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
ShapeXpress Franchise
StretchLab Franchise
Experience
  • Marketing skills
  • Sales skills, previous employee supervision skills
    		• -

    Financing Options
     
    ShapeXpress Franchise
    StretchLab Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/Yes-/-

    Training & Support
     
    ShapeXpress Franchise
    StretchLab Franchise
    Training Ongoing-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsWe believe extensive training drives success - from lease negotiation to build out, recruitment to finance, and sales & marketing to sustainable business, you’ll be supported every step of the way!
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    ShapeXpress Franchise
    StretchLab Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About ShapeXpress

    NO LONGER FRANCHISING

    Proven results for members AND franchisees! Join our success in the $14.8 billion fitness industry! ShapeXpress for Women is setting the standard for women's only fitness franchise opportunities. "Amazing support from the corporate office." That's what our franchisees are saying about ShapeXpress. Support in every area of starting and operating your club: finding a location, negotiating a lease, decor & build-out, financing, marketing, membership sales, daily operations, billing, member tracking, hiring and more. Each franchisee is assigned a Franchise Support Executive to personally assist with setting goals and addressing concerns. Weekly conference calls keep our franchisees in communication with our corporate office and each other. Among U.S. franchises, 65% consist of fewer than 100 stores and 49% have under 50 locations. Compare this to ShapeXpress, which in its first 3 years of offering, has sold over 300 franchises!

    About StretchLab

    Founded in 2015, StretchLab was established in Los Angeles, California to fulfill the vision of creating an affordable assisted stretching concept within the boutique fitness industry. Led by an expert team with more than 25 years experience in fitness franchising, StretchLab is revolutionizing the stretching industry by offering franchise opportunities across all major markets - making the benefits of stretching accessible to all. Referred to as the next dominator in the fitness industry by New York Times, stretching is in its infancy within the market, positioning StretchLab as the market leader. StretchLab is generating a new level of professionalism, instruction and competency for the flexibility and stretching industry. Don’t miss the opportunity to bring StretchLab to your local market!