Stretching Franchise in fast growing Richmond, VA suburbs

Chesterfield, VA
Store Front
Asking Price:$550,000
Inventory:$10,000
FF&E:$100,000
Gross Revenue:$400,000
Rent:$5,500/Month
Established Year:2023
BUSINESS DESCRIPTION

StretchLab

One-on-one assisted stretching service for clients of all ages. The service helps our clients stay active and mobile from seniors who was to be able to tie their shoes to high school athletes who are looking for better performance.


DETAILED INFORMATION
Location
Chesterfield, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facility includes 10 stretching beds, a fully equipped office with desk and chairs and a break room with refrigerator and washer/dryer. All computer equipment and security cameras will also convey with the sale.
Competition
Stretching is a new and exciting modality that is just getting started and has tons of growth potential. The only competition close to it is massage which is for a different purpose and pulls a different type of clientele.
Growth & Expansion
The chesterfield area near hull street is fast growing with new businesses and homes being built everyday. In 2024 alone, a new Panera, chipotle and Starbucks were added to the area right near the studio which is also in a new shopping center opened last year.
Support & Training
The Corporate office offers full ownership training to help at every step.
Reason for Selling
Relocating to a different area
Franchise
This business is an established franchise
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Nicole Oates
Nicole Oates