Fitness is one of the fastest-growing parts of the franchising world. Gym and Fitness Franchise owner will help people with their fitness goals and serve a community with a healthier lifestyle. The Gym & Fitness franchise industry consists of various revenue streams like Membership, personal trainers, guest admission, meals and beverages, merchandise sales, spa services, and others.
When you open a fitness franchise, you open doors for yourself and others. You’ll have the opportunity to build a community of energy and strength with your franchise. Within the fitness industry lies an incredible possibility for business and personal growth.
Gym Fitness Franchises are coming in different flavors. A boutique, to program offering very specific work out regime to a full-service Fitness for the whole family. Whether you want to offer unique classes, personal training, or just a great environment that gets your customers’ hearts pumping, your fitness franchise has important and exciting work to do. Every day people make the decision to change their lifestyles and become members of fitness clubs, gyms, or classes. This is your chance to be a part of something important while running a sustainable business.
What are the Benefits of owning a Gym and fitness franchise:
- Making a difference: When you own a fitness health club franchise you are truly having an impact on your members. They are healthier, more confident, and overall happier after they go to your gym.
- Be part of the community: Fitness centers often become meeting places and community hot spots. Fitness services draw people together, inspiring a sense of community and customer loyalty.
- Multiple revenue streams: The fitness industry is filled with opportunities for additional revenue. When you own a gym and fitness franchise, you generate most of your revenue from member fees. However, good franchise models understand that there are many ways to increase your revenue. Such as health and weight loss products, personal training, classes, brand name apparel, and amenities like daycare, tanning, saunas, etc….
- Consistent revenue: Fitness center memberships are paid on a recurring basis, so revenue is generally stable and reliable.
Why is fitness franchising so popular? Here’s what market research firm IBISWorld has to say:
Over the five years to 2018, the Gym and Fitness Franchises industry has benefited from public health initiatives that shed light on the importance of fitness in fighting diabetes, obesity and other health ailments. Partially a result of this health-conscious climate, the number of health club memberships has grown steadily during the period. This trend has benefited gym franchises, as greater demand from a larger gym-going demographic encouraged franchise expansion. Thus, many franchisors, in an effort to develop a larger client base and respond to the growing popularity of boutique gyms, have offered more franchise opportunities over the past five years.
~ From the IBISWorld 2018 Gym & Fitness Franchises Report (US)
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