Stretch Zone Ranks No. 1,536 on the 2023 Inc. 5000
For the Third Time, Stretch Zone Makes the Inc. 5000, at No. 1,536 in 2023, With Three-Year Revenue Growth of 374 Percent
NEW YORK, Aug. 24, 2023 /PRNewswire/ — Inc. revealed that Stretch Zone ranks No. 1,536 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other house-hold name brands gained their first national exposure as honorees on the Inc. 5000.
“It’s an honor to be recognized for our growth by a such a trustworthy and notable publication like Inc.,” said Tony Zaccario, President and CEO of Stretch Zone. “We have always focused on a franchisee-first culture in everything we do, and are dedicated to providing the support and tools needed to drive success at the local level as we continue to grow.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“We are immensely proud to be the only stretching franchise to appear on the list this year, and one of few wellness brands to be recognized,” said Zaccario. “Stretch Zone is fueled by our passion to improve lives, and our commitment to making an impact in the communities we serve has propelled brand growth to the next level. We’re excited to bring our proprietary method and patented strapping system to new communities as we continue growing Stretch Zone’s footprint nationwide and beyond.”
Founded by Jorden Gold in 2004, Stretch Zone got its start from a desire of wanting to help his Pop-Pop regain mobility. Gold, who was working as a trainer at the time, utilized his background in the wellness space to start stretching his grandfather, who had been bed-ridden due to age and a variety of health complications. He realized through this process that there was room to develop a new approach that amplified the results from stretching. Gold spent months pioneering a proprietary training method that uses a table and straps to help achieve long lasting effects that truly impact day-to-day life. Pop-Pop went from being bed-ridden, to using his walker, to dancing at his grandchild’s wedding in a matter of months. Gold knew how many lives could benefit from practitioner-assisted stretching and sought to begin introducing the concept to the nation through franchising.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. Editor-in-Chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
For more information, please visit https://www.stretchzone.com/.
FOR ADDITIONAL INFORMATION CONTACT: Amarra Lyons, [email protected]
About Stretch Zone
Founded in 2004 by Jorden Gold, Stretch Zone is a brand that was built with heart. Revolutionizing how we all approach stretching, the brand is on a mission to improve the quality of life for communities by utilizing their proprietary tables and patented strapping system to assist in achieving long term results. With more than 300 locations open throughout 40 states, this brand has seen incredible growth since its start and has no plans on slowing their momentum. Stretch Zone is looking for experienced franchisees that are passionate about the health and wellness industry and are committed to making a positive impact in the communities they serve. For more information, please visit https://www.stretchzone.com/.
More about Inc. and the Inc. 5000
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 – November 2 in San Antonio, visit http://conference.inc.com/.