StretchLab Opens 150th Studio and Reaches 500 Signed Franchise Agreements

(BUSINESS WIRE) - January 27, 2022 - StretchLab, an assisted stretching studio, announced today it has recently signed its 500th franchise agreement and opened its 150th studio this month. In 2021, the company opened 52 locations and secured over 270 franchise agreements, illustrating the growth and continued demand for assisted stretching, especially following the pandemic which has encouraged millions of people to better prioritize their health and wellness. The 150th studio opened in Lake Pleasant, AZ on January 24th.

“We are so excited to see that assisted stretching is becoming a mainstream part of the boutique wellness space, as evidenced by our many openings in 2021 and hundreds of studios in development,” said Lou DeFrancisco, President of StretchLab. “It is so wonderful that people are prioritizing their wellness and recognizing that assisted stretching is truly beneficial for all ages, body types and fitness levels. We are honored to be involved in not only their health and wellness journeys, but the entrepreneurial journeys of our more than 200 owners across the U.S. and Canada as well.”

Along with impressive growth across North America in 2021, StretchLab flexed its international reach with the signing of a Master Franchise Agreement which will bring studios to Australia and New Zealand over the next few years. Hot on the heels of all these accomplishments, StretchLab kicked off 2022 with a debut on Entrepreneur Magazine’s coveted Franchise 500 list at No. 498.