PickUp USA Fitness vs StretchLab Franchise Comparison

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

Start-Up Costs and Fees

 
PickUp USA Fitness Franchise
StretchLab Franchise
Investment $533,266 - $1,150,054$153,100 - $223,500
Franchise Fee $45,000$49,500
Royalty Fee 6%-
Advertising Fee 1% - 2%-
Year Founded 20112015
Year Franchised 20162017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
PickUp USA Fitness Franchise
StretchLab Franchise
Experience

While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA.

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Financing Options

 
PickUp USA Fitness Franchise
StretchLab Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
PickUp USA Fitness Franchise
StretchLab Franchise
Training

* Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers

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Support

PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success!

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

We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club.

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Expansion Plans

 
PickUp USA Fitness Franchise
StretchLab Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About PickUp USA Fitness


Basketball-Focused Fitness Clubs!

PickUp USA Fitness clubs are full-service, basketball-focused gyms. Our clubs offer: group & private basketball training, officiated games of pickup basketball, full weight & cardio rooms, retail merchandise, lounges, and much more! We started our unique fitness concept in 2011, and spent 5 years refining our product, processes, and brand before franchising in 2016.

Limitless Opportunity

* In 2014, total US health club revenues increased 7.4% to $24.2 billion with 54.1 million Americans belonging to at least one health club nationwide (IHRSA data)
* Over 23 million people/year participate in basketball activities in the US (Statista data)
* PickUp USA Fitness is the only basketball-focused fitness club operating in the US, and generates revenue from 4 diverse channels:

     o Membership Dues
     o Private Training Packages
     o Merchandise Sales
     o Private Court Rental Fees


Streamlined Operating Model
  • Plug- and-play, refined and simple operating model
  • Less than 10 total employees needed to run a PickUp USA
  • Passionate staff that love fitness and basketball are naturally attracted to PickUp USA
  • Polished marketing, sales, and operating processes allow your gym to operate seamlessly 365 days/year
  • Established relationships with reputable suppliers and vendors:
    • Gatorade
    • SportCourt
    • Wilson Basketball
    • StarTrac
    • ClaytonKendall
  • Minimal inventory management with simple processes for ease of operating
  • Bottom-line: A polished operating system allows you to have fun, interact with customers, and grow your business!



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!