StretchLab
StretchLab franchise for sale in Asheville, North Carolina
List Price: $100,000 USD
Key Facts
Annual Gross Revenue
$400,000 USD
Cash Flow
$25,000 – $50,000
Seasonal Business
No
Value of Inventory
$50,000 – $100,000
Value of Assets
$50,000 – $100,000
Year Established
Upon Inquiry
Business Operates From
A retail location
Location Is
Leased
Approx. Monthly Rent
$3,000
Total Employees
Less than 10
1–3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
SomeSeller financing Available
PassiveOwner
Involvement
About this Business
ASHEVILLE, NC!! Mature open studio plus 2 undeveloped territories in Winston Salem and Hendersonville, NC. Asheville studio has been open since August 2024 with consistent revenue and loyal staff. Currently has 2 lead flexes who manage all facets of the business. Studio is located in a highly desirable location centered in the middle of the perfect Stretchlab demographic. Undeveloped areas offer great potential with the Winston Salem opportunity being the largest city in NC without a Stretchlab location. Hendersonville, NC is approximately 15 miles south of Asheville and offers a unique high income, active community to develop the studio. Current ownership has been transferred to Montana and cannot manage the studio remotely. Amazing opportunity for someone to grow and develop this brand.
Owner's Day-to-Day Involvement
Manage financials if needed. Overall direction of the company.
Asset Description
All equipment, furnishing and computers come with purchase. 10 beds, office furniture and remaining retail inventory.
Inventory Description
Full franchisor required equipment, furnishings, electronics and supporting stretch aids. Lighting and buildout materials also included, complete turn key.
Reason for Selling
Job transfer out of state.
Why I Love My Franchise
National brand with many locations, name recognition. Stretchlab is the most respected and supported assisted stretching franchise in the US. Brand is part of a larger wellness community including Pure Barre and Club Pilates.
About StretchLab
StretchLab is a leading boutique fitness franchise that offers specialized one-on-one assisted stretching services to improve clients’ flexibility, mobility, and overall wellness. Established in 2015, StretchLab has rapidly grown to over 200 locations across the United States, providing personalized stretching sessions conducted by certified Flexologists™. These sessions cater to individuals of all ages and fitness levels, making StretchLab a versatile option for anyone seeking to enhance their physical performance and well-being. The initial investment for a StretchLab franchise ranges from $153,100 to $223,500, with a royalty fee of 7% on gross sales. StretchLab’s unique approach positions it as a prime opportunity for franchise owners looking to enter the burgeoning health and wellness industry.
Franchisee Support
StretchLab provides extensive support to franchisees to ensure success in the assisted stretching market. New franchisees undergo in-depth classroom instruction and hands-on training to understand the StretchLab business model and service delivery. Ongoing support includes guidance on site selection, lease negotiations, and build-out, along with personalized marketing strategies, sales training, and access to a dedicated operations team. Regular webinars and performance reviews help franchisees optimize their business growth.
Brand Accolades & Awards
StretchLab has earned recognition as a Top New Franchise and a Top Franchise for Diversity, Equity & Inclusion by Entrepreneur magazine. The brand has been lauded for its innovative approach to wellness, particularly its focus on assisted stretching services that promote recovery and flexibility. StretchLab's rapid expansion and robust franchisee support system have further established it as a leader in the wellness sector, appealing to both franchisees and health-focused consumers.
Industry / Market
The global wellness market is projected to reach $4.5 trillion by 2025, growing at a CAGR of 5% from 2022. StretchLab, which specializes in assisted stretching services, is strategically positioned to capitalize on this growth by offering unique solutions that cater to the increasing demand for personalized wellness experiences. With a growing focus on flexibility, mobility, and recovery in fitness routines, StretchLab’s offerings align well with market trends, enhancing its appeal in the booming wellness industry.
Ideal Owner
The ideal StretchLab franchisee is a health and wellness enthusiast passionate about fitness, flexibility, and recovery. They should be energetic, nurturing, and capable of creating a welcoming and motivating environment for clients seeking assisted stretching services. A background in fitness training, physical therapy, or related fields is advantageous, along with strong leadership and communication skills to inspire clients and foster a community-focused atmosphere.