StretchLab Franchise License - Lansing, MI Territory

Initial Fee$25,000

Capital Required
$500,000

Established2015

Existing UnitsNot Disclosed

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StretchLab Franchise License - Lansing, MI Territory


Initial Fee$25,000

Capital Required
$500,000

Established2015

Existing UnitsNot Disclosed

Start-Up Description
Ranked in Entrepreneur Magazine’s Franchise 500 list and Inc. Magazine’s Inc.5000 list, StretchLab is the largest assisted stretching brand, offering one-on-one and group stretch services for all ages and fitness levels. With heightened consumer awareness and demand in recovery for holistic wellness, StretchLab offers consumers more ways to reduce their risk of injury, regain mobility, improve flexibility and range of motion, and reclaim their freedom.

There are no gimmicks or complicated equipment. Just a simple, fresh solution for everybody, no matter why they enter our doors. Our one-on-one assisted stretching and innovative group stretches are changing lives, led by our highly trained Flexologists and fueled by our unwavering commitment to improving the lives of our members.

This territory is located at least an hour from the nearest StretchLab giving the buyer a potentially broad range to develop and market. It includes the following zip codes as possible development locations.
East Lansing - 48823, 48824, and 48825
Haslett - 48840
Lansing - 48910, 48912
Okemos - 48864

The average household income in Okemos is $134,329 with over 75% of the households in Okemos being considered core customers, according to the Buxton Report.

The territory includes the area surrounding Michigan State University, a potentially great opportunity for hiring students and/or graduates!
About the Business
Facilities & Assets
This sale is for exclusive franchise rights for the Lansing, MI territory.
Market Outlook / Competition
Not only do StretchLab's services mean you can market to everyone, but you can also enjoy a low-cost entry, a recurring revenue model, strong EBITDA margins, and the confidence in a team that has decades of experience in wellness and fitness franchising.

This area, primarly the Okemos and Haslett area, boasts an average household income of approximately $135,000 and over 75% of the households in this area considered Core Customers.
About the Sale
Transition Support
StretchLab has the resources, network, & platform to ensure your continued growth & support. You'll be guided through the entire opening process from site selection to employee training and sales. StretchLab provides extensive ongoing training & one-on-one support as your business matures.

Seller will be available for 45 days post sale for questions and guidance.
Financing
Financing is available through SBA, HELOC, or ROBS.
Listing Info
ID
2350446
Listing Views
105
Attached DocumentsAttachment Disclaimer

One_Sheet_Summary_Lansing.pdf


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Business Listed by: Jennifer Keahl

Listing ID: 2350446 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.