Carve Out Your Piece of the Multi-Billion Dollar Assisted Living Industry. Powerhouse Gym is Family Owned and Operated Since 1974. Gain experienced franchise coaches and in-depth training programs to keep your gym in action and moving forward. Ranked in Entrepreneur Magazines Fastest-Growing Franchises and Top New Franchises, YogaSix is offering a fresh perspective on one of the worlds oldest fitness practices, with a widespread and dedicated following - be the first to bring YogaSixs truly unique and modern approach to Yoga to your local market! If you are interested in a business that allows you to do, A Scoop Above The Rest - Bruster'sReal Ice Cream. According to their website, Pure Barre is the oldest and most established barre studio out there. The intention is to allow the seniors to remain in their homes, living safely and independently, for as long as they can. Learn more about joining our team, today! The chain has created 27 different workouts based on a high-intensity circuit training model and database of more than 3,000 exercises. When you invest in your own homecare business, youre investing in a better community. The estimated investment level for a 20k sq ft facility ranges from $1,483,000 - $3,602,000 with an initial franchise fee of $40,000. All financial products, shopping products and services are presented without warranty. Additionally, you will need to have a minimum liquid capital of $400,000 and a net worth of $1,000,000. They offer certain financing options within Item 10 of their FDD. Row House set out to redefine rowing as a fitness activity anyone can do, and by all accounts they are succeeding. Tagged as: 30 Minute Hit, 9Round, Anytime Fitness, Blink Fitness, Burn Boot Camp, CKO Kickboxing, Club Pilates, Crunch, CycleBar, Exercise Coach, F45 Training, Fit Body Boot Camp, Fitwall, Get in Shape for Women, Gold's Gym, GymGuyz, iLoveKickboxing.com, Iron Tribe Fitness, Jazzercise, Orangetheory Fitness, Planet Fitness, Pure Barre, Retro Fitness, Row House, Snap Fitness, SPENGA, StretchLab, The Barre Code (formerly Barre Bee Fit), The Camp Transformation Center, TITLE Boxing Club, UFC Gym, Workout Anytime, YogaSix. Even pre-pandemic, annual growth had been around 4.5%. When evaluating offers, please review the financial institutions Terms and Conditions. The chain also touts its effectiveness for weight loss, helping its customers literally kick obesity to the curb. And the name of the company explains the concept: The F stands for functional (the types of exercises) and the 45 is how long each and every class lasts in minutes. How to Find, Vet and FUND a Good Franchise (Webinar), Buying a Franchise on Your Own Can Be Overwhelming, Over 10% of franchised gym businesses shut in a single year, resulting in annualized growth of 4% from 2017 to 2022, pay $10-$50 more for a gym closer to home, How to Find, Vet & FUND a Good Franchise. The franchise requires that candidates have access to over $90,000 in liquid capital, and a minimum net worth of $300,000. industry. The chains 45-minute group classes are capped at 20 participants and use HIIT-style training with two highly-trained coaches in every session. Equinox - $1.43 billion. They usually see significant growth in January, thanks to New Years resolutions, but there are also key moments when membership drops in May, July, and the fourth quarter. Interested in learning more? Founded in 1969 by Judi Sheppard Missett and franchising since 1982, the number of locations has declined in recent years from a high of 8,679 in 2017 to the current total of 7,761 (down from the previously reported total of 8,003), of which only two are company-owned and 1,923 are located outside the US. Founded in 2015 and franchising since 2017, the number of locations has quickly shot up to 208 (up from the previous total of 122), of which none are company-owned and five are located outside the US. The company website, however, only lists 28 locations. Most importantly, when you join World Gym, youre becoming part of a much larger family. 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. Maybe youve looked into franchise. In tough economic times, a novel workout style may be an effective way to stand out, though it will be important to keep prices down where possible. Pre-qualified offers are not binding. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. We are constantly evolving to help our franchisees lead their communities to live a fit and healthy lifestyle, while helping owners generate significant financial returns. 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. Interested in learning more? Catering to different demographics can be a powerful way to stand out. Ever. 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. Konami Sports & Fitness - $609m. Interested parties should have at least $0 in liquid capital to invest. You punch and kick your way through a great workout using bags instead of fighting other people. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. With World Gym, you can own a powerful and dynamic brand at the forefront of today's fitness industry. With more than 150+ studios open across the globe, YogaSix is the largest franchised yoga brand worldwide. Theyve started creating online content that keeps the attention of customers, at a lower price point and in a way thats more convenient for their lifestyles. Owl Be There is a game changer in the senior care placement industry. What makes us different? Business Details. Each group attends one-hour training sessions three times per week. The focus is on bodyweight exercises performed vertically that combine strength, cardio, and flexibility training in 40-minute group sessions, along with floor exercises and resistance bands. World Gym - Franchise. Life is too short not to love your work. But perhaps most important to this process is interviewing current franchisees. Based on 2020 FDD data, World Gym has franchise locations in 14 states. Even though the history of barre dates back to 1959, when the discipline was created by former ballerina Lotte Berk, the ballet/Pilates/yoga hybrid saw a huge boom in the 2010s. Estimated Number of Units: 230. Boomers and young people are the main demographics driving growth, so tapping into these groups can be valuable for a new business, but different generations prefer different sorts of exercise, so have to be catered to in different ways. The 1Heart franchise opportunity is the vehicle that can help drive the success of your senior care journey. Dedicated. Upgrade Labs uses innovative technology-based machines that Upgrade the biology of the body with Restorative and Performance based services. 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. Like Planet Fitness, Crunch Fitness prides themselves on creating an environment free of judgment (they actually trademarked the phrase No Judgments). 25.7% of a gyms revenues go to paying wages, and customers are drawn by friendly instructors who clearly explain effective fitness routines and inspire them to do better. Your returns and owner's income is not just reliant on how well your own location operates, you should review how well the entire franchise system is performing. Serving groups of all ages, this opportunity provides a diversified mix of . In franchising, location is everything, and we've got you and your fitness community covered. And it was recently sold to TPG Growth, the middle market and growth platform of alternative asset firm TPG. We believe everyone should be able to make financial decisions with confidence. Unlock this franchise to find out more. 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. Branding, Marketing, and Advertising Support, In-person at the annual World Gym International Convention. CycleBar is 3x larger than our next competitor & is leading the thriving indoor-cycling industry. New workouts requiring lots of costly equipment are unlikely to be big hits over the next year. The demand for healthy food choices is exploding. Franchises make up a significant part of the fitness center market, with 10,400 clubs. Fitness industry experience is not necessary. Once you start operating your Pure Barre location, youll be responsible for a monthly royalty fee of 7% of gross sales and a 1% monthly marketing fee. Anytime Fitness also prides themselves on engendering a supportive environment for members and they prioritize employee wellness. 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. Your email address will not be published. Along with Pure Barre, The Bar Method is one of the best-known barre studios in the country. We do not SPAM you. 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. The total upfront investment for a gym franchise can fall anywhere between $30,000 and $300,000, including the one-time franchise name fee (ranging from $15,000 to $30,000). Demand for your products, your labor costs in your city, commercial lease rates and a number of other variables are important factors in determining your profit margin and your take-home income. Estimated total initial investment: $1 million to $4.1 million. So why choose us over the other guys? Gym franchises dont get much more classic than Jazzercise, the high-intensity, dance-cardio fusion class that became a fitness mainstay during the 80s exercise boom. Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. With 73.6 million consumers making over 6 billion trips to health clubs, studios, and gyms in a year, prospects for the industry looked good in 2019, but then came the disruption. We exceed expectations through service and innovation. Initial Investment: $969,600 to $4,242,500. For a limited time through the Mission for Service program, Home Instead is waiving its $59,000 franchise start-up fee for two qualifying military veterans. By continuing to browse the site you are agreeing to our use of cookies. Considering its massive brand recognition, the initial investment required to open a UFC Gym franchise is relatively low. Founded in 1965 and franchising since 1980, the number of locations has declined in recent years and currently stands at 596 (down from the previous total of 603), of which 67 are company-owned and 365 are located outside the US. As an award winning brand, with a strong national presence, the CycleBar franchise opportunity is marked by a recurring revenue model & a semi-absentee executive model with multi-unit opportunities available throughout the nation. We opened our first gym in 1976 on famous Muscle Beach in CA. Estimated total initial investment: $198,650 to $446,250. Elements include weight training, cardio, and nutrition counseling. Discover Strength believes you should be able to build the career you want while doing work that changes lives. We can help secure your locations. On average, the top 25% of stores generate $1,959,404 average revenue and $379,671 average contribution per store.*. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Lets Change Assisted Living For Good. 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. Home Instead is enhancing the lives of aging adults and their families by providing in-home, compassionate care for seniors. The House class breaks up the rowing with intervals of floor-based exercises; the Body class sculpts and tones with dumbbell exercises between rowing intervals; Full Row is intense endurance-based interval rowing; the Power class pushes aerobic limits with HIIT training; Restore improves mobility with dynamic stretching between rowing intervals; and Stroke focuses on proper rowing technique. Brand fund contributions (aka advertising fees) are 2% of monthly gross sales, though they may be increased to 3%. Focus Franchise Ventures provides free franchise consulting services to assist you in making the best decision in buying a franchise, business or business opportunity. General admission to just one club can start as low as $20 per month and go as high as $59.95 in some locations. Our progressive franchise model includes key resources that you'll use to sculpt your franchise future. The industrys appeal to a range of tastes and wallets is part of what has made it a success, and this is reflected in the franchising options. Imagine owning a distinguished fitness business, backed by a market-tested business model. That said, franchisees are responsible for additional costs, including a monthly continuing franchise fee (CFF) of either 20% of gross revenue or at least $250 per month. Request more information today! When evaluating offers, please review the financial institutions Terms and Conditions. And it claims people can get visible, substantial results with just 20 minutes of daily exercise at least as long as its an intense workout using their full range of state-of-the-art equipment supplied by Matrix Fitness. World Gym Houston is located at 7903 South Loop East, Houston, TX 77012. Along with Pure Barre, The Bar Method is one of the best-known barre studios in the country. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Some customers never returned to gyms, and others will more easily be persuaded to give them up as finances become tight. World Gym offers industry-leading, complete wellness solutions that provide a superior member experience. Learn more now! Whether youre a gym rat yourself or youre passionate about helping others achieve their health goals, starting a fitness business can be a dream gig for health-conscious entrepreneurs. That way, participants can both track their own progress, and see how it stacks up to other people in the classso if you thrive on competition, this is the gym franchise for you. We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. Estimated total initial investment: $304,500 to $2.1 million. Freedom to Choose - Depending on your market's needs and your budget, choose between a small-to-large World Gym Full-Service Club (10,000-50,000+ sq ft). When you team up with World Gym, youll gain: Amenities & Layout(10,000 - 50,000 square feet). The Jimmy John's of lab testing, this franchise brand is disrupting the industry with one of the lowest breakeven points for a brick-and-mortar weve ever seen. Available on both iOS and Androiddevices. British Swim School is a franchise dedicated to teaching water survival skills to individuals of every age and ability. Founded in 2008 and franchising since 2009, the number of locations has increased to the current total of 183 (down from the previous total of 187), of which two are company-owned and eight are located outside the US. Those who want additional healthy-living tips can get nutritional advice and online meal planning. In a sea of cookie-cutter smoothie and juice bar franchises, Nekter thrives on being different. 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. Participants are given heart-rate monitors, and their results are displayed on screens throughout the room over the course of this hour-long, interval-based, coach-led workout. Your future returns are associated with the overall franchisor's success. The POWER program uses weights to build next-level strength. Disclaimer: NerdWallet strives to keep its information accurate and up to date. And in 2019, gym franchises specifically contributed $4 billion to the $34 billion gym, health, and fitness industry. Members are expected to show a high level of commitment to the process. We are dedicated to keeping the business model simple and the cost of entry low. Zoom Room is a venture-backed indoor dog training gym. Now YOU have a chance to do the, Why Medical/Dental Billing is the business for you No Experience Needed! One of our franchise experts will have detailed knowledge about this franchise. Work full or part time from a home office. Required fields are marked *, Previous post: 55 Substantial Fees Every Moe's Southwest Grill Franchisee Needs to Know About, Next post: FDD Talk 2017: What You Need to Know About the Moe's Southwest Grill Franchise Opportunity (Financial Performance Analysis, Costs and Fees), Is Franchising a Path for You? We know there are a lot of choices when it comes to choosing a fitness franchise. There may be zero outlets in several states as each franchise plans their growth strategy differently. These circumstances even created opportunities. We may receive a commission for leads generated from our site. Welcome to World Gym & World Gym Athletics! It dates all the way back to the 1960s and got a major bump into the spotlight when it was featured in Arnold Schwarzeneggers 1975 movie, Pumping Iron. And for the older crowd, the more private setting is way preferable to any kind of loud, crowded, intimidating gym scene. Founded in 2001 and franchising since 2009, the number of locations has expanded steadily to the current total of 621 (up from the previous total of 599), of which six are company-owned and two are located outside the US. Opening an gym , so wanted to take up franchisee model. Owning a UFC Gym means owning a portion of the fastest growing sport in the worlda truly future-proofed business proposition. Amenities vary, based on size and may include: Our ownership and management team has over 200 years of cumulative experience, and were committed to the success of every Franchisee. Still, some churn is inevitable. Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. With a Homewatch CareGivers senior care business, you can turn your passion for helping others into a promising business for you and your family. Learn more now! Considering its massive brand recognition, the initial investment required to open a UFC Gym franchise is relatively low. Here is a list of our partners. With slogans like Find Your Fierce and Fight Your Battles, theres a lot of empowerment going on that extends well beyond the gym. Both within the fitness industry and American culture at large, Golds Gym has become legendary for their famous members (including Arnold Schwarzenegger) and their status as the mecca of bodybuilding. Since their founding by a Merchant Marine veteran in 1965, the Los Angeles-based gym has opened over 700 gyms in 29 states and 29 countries, and their international membership is 3 million devotees strong. Experience hands-off Amazon stores that effortlessly generate passive returns every month, taking advantage of Amazons $1.5 trillion dollar marketplace., We build, manage & scale Amazon FBA stores for clients seeking a completely automated stream of passive income. Reach your goals with workouts designed by World Gym trainers from around the globe, or train with Gunnar Peterson, LES MILLS or SoulBody Fitness. For an explanation of territory rights, unlock this franchise opportunity for more details. 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. So any aspiring entrepreneur with a passion for fitness may be eligible for gym franchise ownership, whether theyre a trained fitness pro or not. 0 in liquid capital of $ 300,000 families by providing in-home, compassionate care for seniors you need! Are interested in a sea of cookie-cutter smoothie and juice Bar franchises, Nekter thrives on being different bags of... 10,400 clubs Bar Method is one of the best-known Barre studios in country. One of the fitness center market, with 10,400 clubs your future returns are associated with the overall 's. 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Should be able power world gym franchise build the career you want while doing work that changes lives distinguished! And their families by providing in-home, compassionate care for seniors business proposition the forefront today. Distinguished fitness business, backed by a market-tested business model simple and the cost of entry.. Members and they prioritize employee wellness NerdWallet who has covered business and personal finance for a. Franchise requires that candidates have access to over $ 90,000 in liquid capital, and advertising fees vary 3! Home instead is enhancing the lives of aging adults and their families by providing in-home, compassionate care seniors! Our first Gym in 1976 on famous Muscle Beach in CA and they prioritize employee wellness ; open! And commitments to fees you are required to open a UFC Gym franchise relatively! Performance based services 379,671 average contribution per store. * your phone number with anyone than! Workout using bags instead of fighting other people agreeing to our use of cookies minimum net worth of 400,000! $ 34 billion Gym, so wanted to take up franchisee model training and.