TL;DR
StretchLab has signed a master franchise agreement in Australia with Stretch X Operations Pty Ltd., expanding its presence in the Asia-Pacific region. The agreement is a collaboration between StretchLab and the privately owned company started by the Gordin family.
The Australia agreement is a collaboration between StretchLab and Stretch X Operations Pty Ltd., a privately owned company started by entrepreneurs Matt, Bill, and Candice Gordin, a family team based in Perth, Western Australia. The Gordins have extensive experience with Xponential Fitness, having signed a Master Franchise Agreement with respect to CycleBar, another Xponential Fitness brand, last year and opening the first of up to 45 studios to follow.
"Xponential Fitness is excited to collaborate with the Gordins once again to bring another Xponential Fitness brand to Australia," said John Kersh, Chief International Development Officer for Xponential Fitness. "The Gordins have exceeded expectations with CycleBar, and I'm confident they will continue that trend with StretchLab, which will be a great complement to the diverse fitness scene in Australia."
New partners involved in the StretchLab deal include Tory Dickson and James Pattinson. Tory is a former Australian footballer who played for the Western Bulldogs in the Australian Football League (AFL) starting in 2012 and ended his AFL career in September of 2020. Making his debut in 2011, James is an Australian cricketer who plays for the Australian National Cricket Team as well as for the Victorian Cricket Team.
In this story
This story was originally published in Franchising.com on April 8, 2021. Burnaze summarizes and links to the original reporting.
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