$400K Built | StretchLab Franchise

Description

StretchLab studio for sale in Gaithersburg, Maryland. The location opened in 2024 and is already operating with an existing membership base, staff and management structure in place.

Financial profile

• Annual revenue: more than $400,000
• Approximately 75% of revenue from recurring memberships
• Seller financing available to qualified buyers
• Seller reports roughly 1,000 clients served annually

The current owner is lightly involved in day-to-day operations and uses a paid management structure.

A hands-on owner may be able to reduce management expense, but any improvement in owner income should be verified against the current payroll and financial statements.

Studio details

• Approximately 1,197 sq. ft.
• Open studio layout
• Seven part-time employees
• Most staff trained as Flexologists
• Equipment and opening inventory included
• Whole Foods-anchored location

Services

The studio provides one-on-one and group assisted stretching sessions focused on mobility and flexibility.

Members may also have access to other StretchLab locations under the franchise system, subject to current membership and franchisor policies.

Franchise and transfer

StretchLab operates within the Xponential Fitness franchise system.

The seller states that opening a comparable new location can require close to $400,000 in franchise fees, buildout and equipment and that building a mature membership base can take considerable time. Buyers should treat these figures as seller estimates and confirm current development costs directly with the franchisor.

The transfer is subject to franchisor approval. Approximately one month of owner training is expected as part of the transition.

Reason for sale

The current owner is selling to focus on another business commitment.

Due diligence

Buyers should verify current revenue, active membership count, churn, recurring membership income, staff compensation, management expense, lease terms, equipment ownership, franchise royalties, marketing fees, transfer costs and any required remodel or brand updates before closing.