StretchLab is a unique concept that delivers highly-customized stretching routines to customers with the assistance of certified Flexologists who have been through 60-70 hours of theory and hands-on training. As a potential franchisee, youll find our passion is reflected in how we continually innovate new offerings, systems and technology so that you can dominate your territory. Looking at the website, its clear that the chains target market is middle-aged and older. Devan had dreams of pitching in Major League Baseball, but was cut from the minor leagues. Brand fund contributions (aka advertising fees) are 2% of monthly gross sales, though they may be increased to 3%. This website is designed for and targeted to U.S. audiences and is governed by and operated in accordance with U.S. laws. Business Details. CycleBar is an indoor cycling fitness chain that hit the ground running as a newcomer to franchising, but the concept existed for many years before that as an independent spinning studio, which allowed the founders (Bill Pryor and his sister, Alex Klemmer) to really hone their offering. Orangetheory Fitness provides a totally unique (and seriously hard) group workout experience. Self-motivation is great, but a team to support you is even better. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we research and study will disclose financial performance data within Item 19 of their FDD. ? Learn more today! Along with Pure Barre, The Bar Method is one of the best-known barre studios in the country. What makes us different? Its also important to be aware of the seasonal nature of gym businesses. We train the people who love them. We know there are a lot of choices when it comes to choosing a fitness franchise. Planet Fitness is on a mission to dominate the fitness franchise industry. The company website describes the approach simply as REAL PEOPLE use REAL HEAVY BAGS to get REAL RESULTS.. Unlike franchise registration states, the franchise filing states do not review a franchisor's FDD. Parents are raving about the health benefits and social interaction our fitness center program provides, because it allows their children a break from the negative effects of todays technology. Anytime Fitness also prides themselves on engendering a supportive environment for members and they prioritize employee wellness. We love working out, changing lives and empowering our members to live life fit and strong. Trainers lead customers through multiple HIIT rounds of delivering jab, cross, hook, and uppercut combinations to 100-pound heavy bags with four different class lengths of 30, 45, 60, and 75 minutes. Initial Franchise Fee: $30,000. To be eligible to open a. , candidates must have at least $1 million in net worth and access to $300,000 to $400,000 in liquid assets. Trailblazer Franchising helps aspiring entrepreneurs find and engage with profitable franchise businesses. In other words, franchising takes most of the heavy lifting off your shoulders. Now you can be part of this international sensation. The cost to own a World Gym franchise includes a total investment of between $461,000 and $2,070,000. Educate and guide Trailblazers to the right franchise opportunity and help them own their future. Catering to different demographics can be a powerful way to stand out. Fitness franchises offer an array of concepts and a full range of initial investment requirements, from very little (under $10,000) all the way up to high-end options that will cost more than $5 million to launch. No specific service background is necessary as you will have a team of service professionals in your team that will complete the work. Interested parties should have at least $0 in liquid capital to invest. And in 2019, gym franchises specifically contributed $4 billion to the $34 billion gym, health, and fitness industry. Founded in 2009 by Michael Parrella and franchising since 2012, the number of locations has fallen dramatically from a high of 264 in 2018 to the current total of 91 (down from the previously reported total of 94), of which none are company-owned and 11 are located outside the US. Recruiting and retaining skilled staff needs to be high on a franchisees concerns. Maybe youve looked into franchise. British Swim School is a franchise dedicated to teaching water survival skills to individuals of every age and ability. Certain states also require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchise opportunities to people living in that state. The power, resources, and recognition of a global brand, while still maintaining the feeling of an authentic hometown gym, The support of a team that is dynamic, personal, responsive, and innovative at every level, The freedom to customize your products and services to best fit the needs of your members, A flexible business model that adapts to changes in the fitness industry and the specific needs of your local market, Highly-competitive Franchising fees that allow you to keep more of your profits and invest more money into your business. Learn more now! SYNERGY HomeCare offers a robust business opportunity for compassionate entrepreneurs. Initial Investment: $937K to $4.6M. World Gym Houston is expected to open for workouts starting in January 2021. ComForCare is your chance to own a senior home care franchise business that, Join the #1 Estate Sale Franchise in the U.S.! As an Orangetheory franchisee, youll be responsible for a monthly royalty fee of 8% of gross sales. Theyve become a significant part of modern American culture, not just a place to get fit but a hub for social relations and a sign of status. The, We build and scale Amazon stores for our clients by helping automate all inventory management tasks from account health monitoring to 24/7 customer service. Working Capital: $100,000 to $200,000. This includes 19 hours of classroom training, 11 hours of on-the-job training, and 0 hours of online training. It was invented by Doug Brendle, who originally intended to sell it to individual consumers, but then sold the rights to a group of partners who wanted to form a fitness franchise of studios where people can use the apparatus under the guidance of trained instructors. During the pandemic, they let people exercise while gyms were closed, and in the process theyve shown many people how much more convenient it is to exercise at home. CKO Kickboxing is another of the fight-based fitness franchises in which customers get a full-body workout by punching and kicking heavy bags. Plus, the outlook for gym franchises is bright: According to a report by IBISWorld, the health and wellness boom over the past few years has led to a sizable increase in gym membership levels, which continues to grow. Each customer works with a flexologist to achieve the level of flexibility thats right for them. Planet Fitness and World Gym are two of the most recognized gym franchises in America. It gives members a daily, personalized content feed tailored to their specific goals across a range of healthy-living topics to help them to exercise better, eat better, recharge better, and live better without having to sort through the impossible amounts of information search engines deliver on every simple query. 1976. But in the short term, theyre going to feel the financial squeeze of the next few years, and anyone entering this sector needs to be ready to ride that out. Lets Change Assisted Living For Good. The closure of a significant number of businesses had created gaps in the market, and careful market research allowed franchisees to spot these gaps. According to their website, Pure Barre is the oldest and most established barre studio out there. In addition to offering their signature classes, Pure Barre studios also generate revenue through teacher training and selling premium workout clothes. Each type of exercise has its own dedicated area in the studio and customers spend 20 minutes in each area during a standard 60-minute workout based on HIIT principles. How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Money, SBA Loan Overview: Types, Pros and Cons, How to Apply. Los Angeles, CA (Feb. 14, 2023) - World Gym, an iconic, globally recognized gym brand and originator of the full-service gym model that has, for over four decades, empowered millions of people around the world to improve their lives through fitness, has appointed Brea Ballard as Vice President of Marketing. Gyms that provide this content can access a larger consumer base and possibly keep more of their customers during an economic downturn. 291 Best Fitness & Gym Franchise Opportunities in USA for 2022 (UPDATED RANKINGS) Jennifer Barnes, Author Here is the top 291 best Fitness & Gym Franchise Opportunities you can start in USA: 1. As a franchisee, youll be required to pay 6% in royalty fees and 2% in marketing fees. The PERFORM program is geared towards higher-level athletes who need more focused, intense training. Founded in 2014 and franchising since 2017, there are currently 90 locations (up from the previous total of 73), of which 18 are company-owned and all are located in the US. NO OFFICE SPACE, NO FACILITIES, NO INVENTORY little to no staff, minimal expenses and as little as one weekend a yearan MSM Franchise can be the PERFECT business to start! Headquarters: Los Angeles, California. Row House set out to redefine rowing as a fitness activity anyone can do, and by all accounts they are succeeding. Learn, Are you tired of the 9-to-5 grind? Receive a personalized report of exciting new franchise opportunities to your inbox each week. Planet Fitness. The chains signature workout offering that gets rave reviews is MYFIT, an 18-minute daily HIIT (high-intensity interval training) workout led by an on-screen instructor and based on foundational functional movements and planes of motion. Check out this franchise opportunity to better understand the specific costs required to buy an World Gym, such as franchise fees, real estate costs, pre-opening advertising, and equipment purchases. First on the scene and best in its class, Sky Zone created the worlds first wall-to-wall trampoline park in 2004, bringing healthy, high-flying fun to people across the globe. MassageLuXe is a fast-growing massage and spa franchise that provides luxurious treatments to clients across the country. Wow, glad you're interested in so many businesses! Initial franchise fee: $1,250 Estimated total initial investment: $2,405 to $3,200 Gym franchises don't get much more classic than Jazzercise, the high-intensity, dance-cardio. From there, youll receive additional materials to help inform your decision, including the all-important franchise agreement, including the franchise disclosure document (FDD). A Global Brand - Gain a competitive advantage with the marketing power and recognition of a global brand, while still maintaining the feeling of an authentic hometown gym. An offshoot of the (purportedly) $7 billion UFC brand, UFC Gyms offer MMA-inspired personal and specialized training, traditional and fusion martial arts classes, and youth fitness classes. It was founded in 2001, began franchising in 2008, and currently has over 120 locations in 26 states. Christine Aebischer is an assistant assigning editor on the small-business team at NerdWallet who has covered business and personal finance for nearly a decade. Are you ready to make a difference in your future with all star medical and home accessibility? Watch Our Webinar Live or the Recording Later, Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool), How Much Franchise Can You AFFORD? The average membership lasts just under five years, meaning that gyms have to be bringing in 20% of new members every year just to keep steady numbers. Jazzercise is the kind of fitness franchise that has been around long enough that you might think it must be woefully out of date, but youd be wrong. According to their website, Pure Barre is the oldest and most established barre studio out there. It also provides personal training for private or group training. Our team of fitness industry professionals will provide the operational support, guidance and troubleshooting you need to remain successful in the constantly changing fitness market. Franchise owners manage a staff of trained caregivers that utilize our proprietary ACTI-VATE Program to help our clients live happier, more active lives. Staying calm during these periods, balancing expenses, and finding ways to counter the decline are all important parts of the gym managers work. For 40 years, World Gym has been at the epicenter of the modern fitness scene-the place where Muscle Beach meets Hollywood, and where serious fitness meets celebrity. By carefully researching the demographics of the area youre moving into, and what those demographics mean for a gym, you can tailor your business to your community from the start, increasing both uptake and retention. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Learn more now, Own a National Lending & Financial Services Business. As long as the post-pandemic recovery continued, things looked bright for gym and fitness franchises. Discounts for longer duration memberships may provide better revenues in the long term. Customers do 20-minute workouts just twice a week and can choose one-on-one, partner, or small-group training sessions. The Rumble Boxing Franchise opportunity is marked by a recurring revenue model, extensive support, strong brand recognition & a semi-absentee executive model. With that in mind, Planet Fitness franchisees will need to pay for that international brand recognitionopening a Planet Fitness franchise may cost over $4 million. We are dedicated to keeping the business model simple and the cost of entry low. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Customers can choose one-on-one 25-minute or 50-minute stretch sessions, or participate in group stretches. World Gym International offers gymnasium services, equipment for fitness and physical exercise, fitness and exercise facilities, exercise classes, fitness and nutrition seminars, personal training in nutrition, exercise and fitness, training in fitness, mixed martial arts, boxing and kickboxing. So why choose us over the other guys? This article originally appeared on JustBusiness, a subsidiary of NerdWallet. You also agree to our Privacy Policy & Terms of Use. Request information today! Learn more now! Learn more now. Invest in a World Gym Franchise and profit from a subscription-based revenue model with multiple revenue streams, backed by proven systems and A-to-Z franchisee support. Theyll provide you with a personal support team, comprehensive training, and marketing support over the course of your franchise agreements six-year term (or 10, if youre in California). All told, their gyms boast over 14 million members worldwide. Despite the challenges of 2020, World Gym continues to expand in 17 countries and 6 continents with 230+ locations. Founded in 2001 and franchising since 2002, the number of locations has continued expanding in recent years to the current total of 4,904 (up from the previous total of 4,743), of which 18 are company-owned and 2,338 are located outside the US. World Gym offers custom layouts to accommodate the perfect location for your new business. We eat, drink, and breathe the gym and we are servants to the success of our franchisees. As of 2015, Gold's Gym has 273 US locations, 285 international locations and . During the 2008 recession, the number of fitness clubs fell roughly in line with the countrys GDP, and that sort of damage may hit the industry again. Each location offers an array of immersive, energetic indoor rowing classes that combine low-impact cardio, resistance training, stretching, and rhythm-based rowing. But buying into a gym franchise is a less risky venture than building a gym from the ground up. Assistant Assigning Editor | Small-business finance, personal finance. Fill out the form today! has over 1,100 studios in 49 U.S. states and 22 countries internationally (they started in 2010, for some context about just how quickly theyre growing). When you team up with World Gym, youll gain: Our ownership and management team has over 200 years of cumulative experience, and were committed to the success of every Franchisee. iLoveKickboxing.com is a fitness chain that prides itself on forming a supportive community with accountability for reaching fitness goals with adrenaline-flowing workouts anyone of any age or fitness level can do. If youre thinking about becoming a 4Ever Young franchisee, theres never been a better time. Utilize our proprietary ACTI-VATE program to help our clients live happier, more active lives partner, or in! 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