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Below is an in-depth analysis and side-by-side comparison of Profile by Sanford vs StretchLab including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $388,500 - $634,500 | $153,100 - $223,500 |
Franchise Fee | $49,500 | $49,500 |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 2012 | 2015 |
Year Franchised | 2014 | 2017 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | We 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 5 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
Profile by Sanford is a comprehensive weight loss and weight management program designed by the physicians and experts at Sanford Health. The program utilizes a certified health coach and offers integrated technology and meal replacement products to provide members with a solution for nutrition, activity, and lifestyle changes.
Be part of the $20+ billion weight loss industry, helping nearly 70% of Americans who are overweight.
* Align with an evidence-based program designed by physicians and scientists with proven results
* Be backed by Sanford Health, the largest rural non-profit health system in the nation
*Join an organization that's focused on preventative medicine and bettering the lives of its members.
*Real estate site selection consultation.
*Ongoing operations and management support
*Staff training and certification program.
*Assistance and access to promotions and marketing campaigns.
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!