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Established Profitable Chicago StretchLab Franchise for Sale

South Elgin, IL

Seller Financing Available

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Asking Price:$150,000
Gross Revenue:$407,837
Cash Flow:$67,317
Established Year:2019
Listing ID: 2261081Listing provided by BizBuySell
BUSINESS DESCRIPTION

Chicago StretchLab Franchise

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
Location
South Elgin, IL
Inventory
Not Included in asking price
Employees
10
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 m
Franchise
This business is an established franchise
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Rebecca
Curry
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Rebecca Curry
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