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For Sale: StretchLab Franchise - Established, Profitable - South Elgin, Illinois

$150,000.00

Asking Price

  • Address: South Elgin, 60177.

Description

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.

Detailed Information

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

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.

Financing: TBD if structure and terms are acceptable.

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.

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

To get more information about this StretchLab Franchise - Established, Profitable business for sale in South Elgin please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287540 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this StretchLab Franchise - Established, Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.

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Contact

  1. Name: Rick Carlson
  2. phone iconPhone: 833-776-6682

Details

  1. Asking Price: $150,000.00

  2. Down: Call/Email

  3. Cash Flow: $67,317.00

  4. Revenue:    $407,837.00

  1. Area: South Elgin

  2. City: South Elgin

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & SupportOwner/Seller Financing

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