Summary
A fully established and operational StretchLab studio in an ultra-convenient location in Wollongong is offered for sale. All the hard work establishing the business has been done. Walk up opportunity.
Location Details
1/2 Victoria Street
Close to the hub of Wollongong, this StretchLab studio enjoys a long lease with future options, professionally completed StretchLab fitout, specialist studio equipment & materials, IT hardware & systems, furniture, fixtures, fittings & merchandise.
About the Opportunity
At StretchLab studios, fully trained and qualified Flexologists provide one-on-one assisted stretch sessions and small group stretch classes to clients seeking enhanced flexibility and mobility, reduced muscle and joint pain and improved sports performance and recovery. Clients also benefit from lowered stress and better posture.
Globally, there are approximately 550 StretchLab studios providing these benefits to clients every day. In Australia alone, there are over 30 studios currently operating, with more under development. Strong interest, lead flow and word-of-mouth referral, despite minimal marketing currently.
The current owner needs to sell for personal reasons creating an opportunity for a new owner to acquire this established studio without the significant cost, time and complexity associated with establishing a new business from the ground up.
While the studio is established and operational, current sales performance is below target. The experience of operating the studio to date has highlighted the importance of local hands-on ownership, strong local sales leadership and active involvement in the Illawarra fitness and wellness community.
For the right owner, this is where the opportunity lies.
The studio would particularly suit an owner-operator with a genuine passion for fitness and wellbeing, strong sales capability and the energy to be actively involved in growing membership and studio utilisation.
A commercially focused owner who enjoys building relationships, motivating teams, generating leads and converting prospective clients into members has the opportunity to take over an established platform and focus immediately on improving performance.
The opportunity is to focus on the areas that can make the greatest difference to performance:
* Driving local sales and membership growth
* Increasing lead conversion and client retention
* Building a strong sales culture within the studio
* Developing partnerships with gyms, sporting clubs, health professionals and local businesses
* Increasing community presence and local area marketing
* Growing studio utilisation
For an experienced fitness, wellness or franchise operator or someone with a keen interest in this sector, this is an attractive opportunity to acquire an established business with the studio, people, equipment and systems already in place.
Marketing support
Australian master franchisor provides extensive marketing support and access to digital assets. Marketing meetings are held monthly with all Franchisees to provide ongoing support and materials.
Training provided
Training is provided by Australian master franchisor and can also be provided by the franchisee seller as part of the sale.
Skills
For an experienced fitness, wellness or franchise operator or for someone with a strong interest in this sector, StretchLab Wollongong presents an attractive opportunity to acquire an established business with the physical studio, people, equipment and systems already in place.
The physical investment has been made, the teams have been recruited, the systems are operating. What this studio now needs is an engaged owner with a strong sales mindset and passion for the fitness industry to take them to the next level.
Length of Agreement
Multiple years are available under initial agreement and renewal.
Year Business Established
2024
Year Franchising Commenced
2021
Site locations
4
History
StretchLab was founded in Los Angeles in 2015 and began to franchise in 2018. Rapid growth followed and by late 2019, there were around 250 StretchLab studios across North America. StretchLab commenced in Australia in 2021 with the first Australian studio in Perth. Over the last five years, the Australian network has grown to almost 35 studios. More recently, the first StretchLab studios opened in New Zealand.
Awards
AusActive National Awards Gala 2025: Franchise Group / Brand of the Year for leadership, innovation & excellence in Australian health, fitness & wellbeing industry.
Franchise Times Fast & Serious 2025: Ranked No. 2 for smart growth & systemwide performance.
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