Stretch Zone Ranks No. 656 on the 2020 Inc. 5000 With Three-Year Revenue Growth of 715%
NEW YORK, NY, August 25, 2020 /24-7PressRelease/ — Inc. magazine today revealed that Stretch Zone Franchising LLC. is No. 656 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Stretch Zone has pioneered a new vertical in the health and fitness industry and is enjoying the journey,” said Stretch Zone Founder Jorden Gold. “We are honored to be named to the Inc. 5000 list and are thankful for our employees and community for their support. We founded this company with the dream of making people’s lives better by helping them feel amazing. We have built upon this vision and are able to improve the lives of many because of our enthusiastic employees and dedicated supporters.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 18.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
Stretch Zone provides guests with Flex-ability for Life®. Using proprietary stretching methods and a patented stabilization system, Stretch Zone seeks to improve guest health and wellness through practitioner-assisted stretching. For more than 15 years, Stretch Zone has helped many individuals seeking a solution to help them feel better and live life to the fullest. Stretch Zone facilities offer a welcoming environment, knowledgeable staff and comfortable equipment, all of which allow clients to relax and fully benefit from our methods. Stretch Zone has convenient locations throughout the United States. Learn more stretchzone.com
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