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Below is an in-depth analysis and side-by-side comparison of Stretch U 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 | $49,650 - $508,306 | $153,100 - $223,500 |
Franchise Fee | $29,000 - $344,806 | $49,500 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 2010 | 2015 |
Year Franchised | 2012 | 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 | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Between thirty (30) and sixty (60) days before your Unit Franchise opens for business, we provide our initial training program for Stretch U Unit Franchises to you, other members of your management team, and any agents you employ. The training program includes classroom instruction and Franchise operation and on-the-job training at either our headquarters in Oklahoma City, your Unit Franchise location, or any other location we designate, including: Stretch Training Techniques Basic Management BDP, & SOP training; financial and KPI training Sales and marketing training Software Training | - |
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! |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
All of Stretch U’s locations are currently corporately owned stores or
licensed affiliates. We may decide to franchise in the future and if you
are interested, you can send an inquiry to [email protected].
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!