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Below is an in-depth analysis and side-by-side comparison of World Gym International 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 | $852,000 - $2,975,000 | $153,100 - $223,500 |
Franchise Fee | $25,000 | $49,500 |
Royalty Fee | $1,000/mo. | - |
Advertising Fee | included | - |
Year Founded | 1976 | 2015 |
Year Franchised | 1982 | 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/Yes | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 7 days Classroom Training: 5 days | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | 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 | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.
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!