Stride
The total investment to open a Stride franchise ranges from $372,412 to $554,690. The initial franchise fee is $60,000. Ongoing royalties are 7% plus a 2% advertising fee.
What is the Stride franchise?
Stride is a fitness studio offering treadmill workouts to people seeking guided exercise. The estimated total initial investment is $372,412 to $554,690, and the initial franchise fee is $60,000.
The royalty is 7 percent, and the advertising or brand fund fee is 2 percent. Applicants need $100,000 in liquid capital and a net worth of $500,000. The franchise agreement term is 10 years. These cost and fee figures come from the 2023 Franchise Disclosure Document.
Stride was founded in 2017 and is headquartered in Dallas, TX.
Loan Activity Score
52/100
SBA Default Rate
25.0%
Active Lenders
9
According to its Franchise Disclosure Document or public business records, Stride has 17 locations, all owned by franchisees. Public SBA loan records show 9 lenders made 12 loans to franchisees of Stride. PeerSense calculates Stride's score as 52 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2023 Franchise Disclosure Document.
Franchising since 2017 · 17 locations
$372,412 to $554,690
$60,000
17
17 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for Stride
12
Total SBA loans
$449K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Stride
Read the filing at the state registry
Published by the states themselves. Free, no sign up.
This site previously enabled people to request a copy of the franchise disclosure document for this brand.
The franchisor requested that the materials be removed from this site, and we agreed to stop distributing them. The document remains a public filing and is available at no cost through several state regulators.
Links to those official sources are provided above. Any details on this page that differ from the official filings do not override the filings themselves.
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
25.0%
vs 15.9% peer avg
SBA Loans
12
Total Volume
$5.4M
Active Lenders
9
1 selective
States
6
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Stride based on SBA lending data
SBA Default Rate
25.0%
9.1% above peer avg
SBA Loan Volume
12 loans
Across 9 lenders
Lender Diversity
9 lenders
Avg 1.3 loans per lender
Investment Tier
Significant investment
$372,412 to $554,690 total
Stride: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2022
5 approvals. The best year on record for Stride.
Top SBA State
Texas
5 SBA financed Stride locations, the densest operator footprint.
Average Loan Size
$399K
Median $478K. Use as a sizing anchor when modeling your own Stride unit.
Lender Concentration
60%
Concentrated
Share of Stride approvals captured by the top 3 SBA lenders.
Stride's SBA lending pipeline peaked in 2022 (5 approvals). The last five fiscal years account for 83% of cumulative volume ($4.7M approved). Operator density is highest in Texas with 5 SBA financed locations. Average funded ticket sits at $399K, with the median at $478K. Lender mix is concentrated: the top three SBA lenders account for 60% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$3,855
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Stride, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman