Fitness Together vs StretchLab Franchise Comparison

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

Start-Up Costs and Fees

 
Fitness Together Franchise
StretchLab Franchise
Investment $189,162 - $328,576$153,100 - $223,500
Franchise Fee $39,900$49,500
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19842015
Year Franchised 19962017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of current franchise fee-


Business Experience Requirements

 
Fitness Together Franchise
StretchLab Franchise
Experience
  • Industry experience
  • -

    Financing Options

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

    Training & Support

     
    Fitness Together Franchise
    StretchLab Franchise
    Training Classroom Training: 40 hours -
    Support Newsletter Meetings/Conventions 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 Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
    Operations International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Fitness Together Franchise
    StretchLab Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Fitness Together

    Established by Rick Sikorski in 1983, Fitness Together offers individual instructional courses to customers between the ages of 15 and 80. The organization, which started diversifying in 1996, works diversified studios over the United States.

    Best 5 reasons why you ought to consider owning a Fitness Together establishment:

    - A one of a kind private preparing idea
    - Solid establishment bolster with more than 30 years involvement in the individual preparing industry.
    - Set up working frameworks that use best business hones.
    - The chance to change lives with enhanced wellness and wellbeing

    - Proposals for showcasing and advancement of your studio

    The total investment necessary to begin operation of a Fitness Together studio ranges from $189,162 to $328,576. This includes $43,559 to $48,559 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin operation of a Fitness Together area development franchise ranges from $79,800 (for a 2-studio commitment) to $299,000 (for a 10-studio commitment). This entire amount must be paid to the franchisor.

    VetFran incentive - 20% off the initial franchise fee

    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!