Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

ProNova Partners

Broker license number: 01820673

Established Profitable Chicago Stretchlab Franchise In South Elgin For Sale

South Elgin, Illinois, US
Asking Price:
$350,000
Sales Revenue:
$346,909
Cash Flow:
$75,565

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.

The NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

The Company operates out of a leased space in a strip mall with a monthly rent of $2,400.

Business Operation

Expansion Potential:

A focus on marketing, social media and local partnerships will help the company continue to grow.

Competition / Market:

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.

Reasons for selling:

The Sellers’ look forward to preparing for retirement and being able to travel more.

Employees:
10
Years established:
2019

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

To facilitate a seamless transition and ensure continued success, the sellers will collaborate with the buyer for an agreed-upon timeframe, with a minimum of one month included. Any additional terms will be specified in a consultation agreement.

Financing available:

TBD if structure and terms are acceptable.

Listed by

ProNova Partners

Broker license number: 01820673