Stride Fitness
Treadmill-based interval training- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$372K - $534K
- Units as of 2022
-
16 1,500.0% over 3 years
Company Overview
About Stride Fitness
- Industry
- Health & Wellness
- Related Categories
- Fitness
- Founded
- 2017
- Parent Company
- Xponenital Fitness LLC
- Leadership
- Anthony Geisler, CEO
More from Stride Fitness
CREATE A THRIVING FITNESS COMMUNITY FOR ALL FITNESS LEVELS
Founded in 2017, STRIDE Fitness is a treadmill-based interval training concept, delivering a total-body workout designed for every fitness level. An engaging program led by dynamic certified run coaches and utilizing heart-rate monitoring technology, STRIDE Fitness offers a supportive and inclusive environment providing three signature class formats including interval, endurance-based, and strength training.
Running is an essential mode of fitness. It is the most engaging, most effective way to achieve your mental and physical goals. Empowering, inspiring, and motivating. Running is the vehicle that propels you towards your strongest, most confident self and STRIDE will help you get there.
WHY OWN A STRIDE FITNESS?
With studios in some of the most competitive markets across the nation and almost 90 licensed locations, STRIDE Fitness is the first and only treadmill-based interval training brand. Based on the most universal modality in the world that has recently experienced a resurgence and participation, STRIDE Fitness is delivering an effective and dynamic total-body workout for a loyal, growing member base.
THE STRIDE BENEFITS:
FIRST MOVER ADVANTAGE
With studios in some of the most competitive markets in the U.S, there is still extensive market opportunity - be the first to bring STRIDE to your local market and help others find their finish line!
SMART INVESTMENT & SEASONED SUPPORT TEAM
Along with STRIDE Fitness attracting a broad range of members to market to, you can also 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. We know how to grow household name brands.
EXECUTIVE 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.
ALWAYS EVOLVING MEMBER EXPERIENCE
Our member experience is the core of what we do. We curate and consistently update class programming and music while empowering our coaches to ficilitate member growth class after class as their needs evolve.
EXPERT & EXTENSIVE SUPPORT
The Xponential & STRIDE Fitness team has the resources and network to ensure your continued growth & support. We'll guide you through the entire opening process, from site selection, lease negotiation, and construction, to recruiting your studio staff and activating your membership sales process, and marketing your studio. We provide extensive ongoing training, weekly & monthly update webinars, and one-on-one support as your business matures.
Franchising Overview
- Franchising Since
- 2019 (3 years)
- # of employees at HQ
- 21
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Asia, Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico
- # of Units
- 16 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Stride Fitness franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $60,000
- Initial Investment
- $372,412 - $533,512
- Net Worth Requirement
- $500,000
- Cash Requirement
- $100,000
- Royalty Fee
- 7%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Stride Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 1 hour
- Classroom Training
- 22 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Request free information
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