StretchLab vs Workout Anytime 24/7 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of StretchLab vs Workout Anytime 24/7 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
StretchLab Franchise
Workout Anytime 24/7 Franchise
Investment $153,100 - $223,500$562,850 - $1,008,550
Franchise Fee $49,500$35,000
Royalty Fee -4%+
Advertising Fee -1%
Year Founded 20151999
Year Franchised 20172005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
StretchLab Franchise
Workout Anytime 24/7 Franchise
Experience --

Financing Options
 
StretchLab Franchise
Workout Anytime 24/7 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/-
Start-up Costs -/-Yes/-
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/Yes

Training & Support
 
StretchLab Franchise
Workout Anytime 24/7 Franchise
Training - On-The-Job Training: 30 hours Classroom Training: 40 hours
Support 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!Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations --

Expansion Plans
 
StretchLab Franchise
Workout Anytime 24/7 Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

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!

About Workout Anytime 24/7

Franchising with Workout Anytime is a great option for those who are looking to have more control over their own destiny by running their own business. One of the perks of franchising with an established brand like Workout Anytime is that once your location is up and running, you’ll be able to enjoy greater flexibility with your time. We want our franchise-partners to enjoy financial and lifestyle independence by being able to delegate day-to-day tasks to their trusted employees, leaving them free to decide for themselves when they’d like to come in to work.

The total investment necessary to begin operation of a Workout Anytime franchised business is from $562,850 to $1,008,550. This includes
$159,398 to $273,004 that must be paid to the franchisor or affiliate.
The total investment necessary under the Development Agreement is from $1,643,550 to $2,980,650. This includes total initial franchise fees of $60,000 that must be paid to the franchisor or its affiliates.
Veteran Incentives  22% off franchise fee

"Entrepreneur
#351 in Franchise 500 for 2020.