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- RE: Established Profitable Chicago StretchLab Franchise
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $407,837 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $67,317 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 10 | |
| BBN Listing #: | 951523 | |
| Broker Reference #: | 1265 STRETCHLAB |
Business Overview:
StretchLab, a leader in the assisted stretching industry and featured in Entrepreneur Magazine’s Franchise 500, is now available for acquisition. This is your opportunity to take over a successful Business dedicated to enhancing client well-being through personalized stretching services, renowned for high client satisfaction and steady growth.
StretchLab offers a simple, effective solution for improving mobility and overall wellness, backed by the first nationally certified training in assisted stretching. With opportunities to expand into new services like Freeze Sleeve treatments and build local business partnerships, there is significant potential for growth and diversification. The business has consistently grown, even during challenging times, and is on track to reach 200 members soon.
Acquiring this turnkey Business, with its established clientele and ideal demographic, offers a head start compared to starting a franchise from scratch, which can cost around $200,000. Don’t miss this unique chance to be part of the wellness revolution.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
The Company operates out of a leased space in a strip mall with a monthly rent of $2,400.
Market Competition and Expansion:
Competition: The main competitor offers free in-studio stretches for first visits, compared to the discounted first visits offered by the Company. However, the Company believes it provides superior training programs, a better overall studio atmosphere, and personalized stretching services.
Growth & Expansion: A focus on marketing, social media and local partnerships will help the company continue to grow.
Reason for Selling:
The Sellers’ look forward to preparing for retirement and being able to travel more.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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