Listing status: Inactive
Reason: --
The New Fitness Franchise That Changed Everything
The New Fitness Franchise That Changed Everything
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About the business
WE ARE LOOKING FOR A LOCAL OWNER FOR THE NEW STRETCHLAB STUDIO WE PLAN TO OPEN SOON
- We plan to open in Bondi, Mosman, and Dee Why
- Strong National Brand: With more than 300+ locations open globally and studios across every major city in Australia, StretchLab is an award-winning brand with a strong national presence - and we’re just getting started!
- First Mover Advantage: Be a partner before the crowd realizes the opportunities StretchLab offers. Get the opportunity to still pick the territory of your choosing and reap the benefits.
- Smart Investment: Enjoy a low-cost entry, a recurring revenue model, strong EBITDA margins, and the confidence in our team that has decades of experience in fitness franchising.
- Scalable Business Model: Our franchise model provides a completely scalable business, allowing you to determine your own success. Leverage development costs and national vendor relationships to launch your studio successfully.
Founded in 2015, StretchLab is the largest assisted stretching brand, offering one-on-one and group stretch services for all ages and fitness levels. 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 every-body, no matter why they enter our doors. Referred to as “the next dominator in the fitness industry”, assisted-stretching has gained global attention, with StretchLab being complementary to both wellness and boutique fitness.
Price: From $240k+GST
Contact us NOW for a fast response – complete the enquiry section on this page!
Finn Franchise Brokers
thefinngroup.com.au
1300 535 932
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$240,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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