What are the best fitness franchises in the US?
The best franchises in the US offer popular fitness programs, affordable membership fees, the best equipment and facilities, convenient locations, and provide superior customer service.  Five of the top 10 fitness franchises include 1. Anytime Fitness, 2. Snap Fitness, 3. Planet Fitness, 4. Orangetheory Fitness, 5. 9Round.

Read on to find out which franchise is best for you, and can help you start your fitness franchise journey.

Defining what criteria is “best” for fitness franchises

Fitness franchises are increasingly popular as more people are looking for convenient, affordable ways to stay fit. And for the right owner, fitness franchises can be a great investment.  

But with so many different franchises out there, it can be hard to choose which one is right for you. 

To make it easier, we’ve compiled a list of the top 5 criteria for measuring a fitness franchise and then we list the top franchises with the:

1. Most popular fitness programs, 
2. The most affordable membership fees, 
3. Best equipment and facilities, 
4. Most locations in the US, and 
5. The best customer service.

Use this resource as a starting point to begin your due diligence. And check out our other great resources that can help you make a great decision.

Franchises with the Most Popular Fitness Programs

Planet Fitness is a leader when it comes to the most popular fitness programs. 

They have a wide variety of classes, ranging from strength and conditioning classes to yoga and Pilates. The classes are designed for all fitness levels and are always challenging and fun. 

Plus, Planet Fitness has locations all across the US, making it easy to find a class near you.

If you are looking to start your own gym or fitness franchise, it would be well worth your time to study the Planet Fitness schedule of fitness programs:

For example, they offer a 30-minute circuit, giving the member a full-body workout. This workout will provide cardiovascular training, anaerobic fitness, and resistance training. Plus it’s in a group environment which will provide a motivational team feeling.

Here’s what Planet Fitness says about their 30-Minute circuit:

The PF 30-Minute Express Circuit combines 10 strength machines and 10 cardio-step stations. You can start anywhere in the circuit but you must go in sequence. The circuit operates on a green light/red light system. When the light turns green, you begin exercising for 60 seconds. Once this time has elapsed, the light turns red for 30 seconds (your cue to stop exercising and move to the next station). At the end of 30 minutes, you will have completed the circuit and received a full-body workout.

For more information about this popular fitness program, you can visit their site here.

Franchises with the Most Affordable Membership Fees

Planet Fitness is also a leader when it comes to affordable membership fees. 

With membership fees starting at just $10 a month, they offer excellent value for money. 

Plus, they have a wide range of classes and facilities, making them a great choice for anyone on a budget.

While their rates are just $10 a month, be sure to review the start-up fee, annual fee, and any fees for canceling. Even with these fees, the rates should probably beat most other clean, well-organized, high-tech gym facilities in the business.

For more information about the financial health of a variety of fitness franchise networks, go here:

What is the most profitable fitness franchise? (Top 7)

If you are interested in owning a franchise and would like to start your review learning about lower cost franchise networks, go here:

What is the Cheapest Gym Franchise to Own? (Jazzercise plus 4 more)

Franchises with the Best Equipment and Facilities

If you’re looking for the best equipment and facilities, then Anytime Fitness is a winner. 

Their locations are equipped with top-of-the-line equipment and enough amenities to get the job done, making it easy to get a great workout. 

Plus, they offer a wide range of classes and personal training sessions, so you can get the most out of your membership.

While they are not a big box gym environment with over 10,000 square feet, usually about 2,000 square feet to keep their costs and management costs down, this limits their floor space to the essential, most important pieces of equipment necessary for their members to get a great workout.

Anytime Fitness makes this a reality and does a nice job.

For an excellent article about the most common costs to start your fitness franchise, go here:

How much does it cost to start a fitness business? (15 common costs)

Franchises with the Most Locations in the US

If you’re looking for the most locations in the US, then Anytime Fitness is the clear winner. 

With over 2300 locations in the US, Anytime Fitness makes it easy to find a gym near you. 

Plus, their gyms are equipped with top-of-the-line equipment and amenities, making it easy to get a great workout, 24 hours a day.

With all these gyms, for members, you can easily travel and still find a location for your workout.

As an owner, this makes it very easy to network with other like-minded owners who you can brainstorm new solutions with.

For more information about Anytime Fitness and its vast network of locations, go here:

Who is the Largest Fitness Franchise in the World? (Anytime Fitness)

Franchises with the Best Customer Service

Orangetheory Fitness is a leader when it comes to customer service. 

They have a team of knowledgeable and friendly staff who are always willing to help and answer any questions you may have. 

In fact, they have a nice customer service page on their main website with FAQs and constant methods. 

While they seem to compete on a Product Leadership Customer Value Proposition, indicative of their 1-size-fits-all Orangetheory fitness training circuit (get your heart rate into the “Orange theory” number of beats per minute for 12 minutes per workout), their staff is trained to do a nice job with customer service in each location.

If you want to review their customer service protocol, you can do that here.

If you are interested in learning more about the owner of an Orangetheory franchise, go here for an interesting article:

How Much Do Orange Theory Franchise Owners Make?

The top 10 fitness franchises that fit these criteria include

1. Anytime Fitness

2. Snap Fitness

3. Planet Fitness

4. Orangetheory Fitness

5. 9Round

6. CrossFit

7. UFC Gym

8. The Bar Method

9. Jazzercise

10. Crunch Fitness

No matter what your fitness goals are, whether owning the best fitness franchise or simply getting a great workout, there’s a franchise out there that can help you achieve them. 

For more information about fitness franchises go here:

Fitness Franchises

The post What are the best fitness franchises in the US? (Top 10) appeared first on Fitness Franchise Info.

What is the best fitness franchise to open?
The best fitness franchise to open is a business and personal choice. With over 40 quality options from boxing to powerlifting ranging from $10k to $200k+, the best fitness franchise to open depends upon many factors such as the business model, franchisor tools and support, management, and your due diligence.

In this article, we’ll discuss the benefits of opening a fitness franchise, the different types available, how to research potential franchises and key considerations for selecting the right one for you. 

Let’s dive in and explore what it takes to become a successful franchisee.

5 ways to choose the best fitness franchise to open

If you haven’t reviewed our article on the #1 franchise, you should do that now. In the article you’ll find out exactly who the best franchise is, the industry they compete in, and how a professional franchisee would approach their due diligence before they invest into a franchise opportunity.

Go here to review this very helpful article now:

What is the #1 franchise? (Answered!)

Ok, now we can be more industry specific and get to work on defining the best fitness franchise to open. 

We have one more very insightful article that should really be tops on your list as it does an easy deep dive into how you should start your due diligence journey to investigate the best fitness franchise for you.

Here is that article, where you will discover 4 important categories to review before making a decision: 1. The management and franchise support team, 2. Marketing systems, 3. Financial metrics, and 4. The Customer Value Proposition (the core business model) chosen by the company:

How do you compare franchise opportunities? (+examples)

With this great info under your belt, we can now review the advantages of opening a fitness franchise, the different types available, the cost of starting a franchise, how to research potential franchises, and key considerations for choosing the best one for you.

Advantages of Opening a Fitness Franchise

Opening a fitness franchise has many advantages that can help you to be successful as an entrepreneur. 

It is an established business model that can provide you with a strong foundation for success. You will benefit from the brand recognition and marketing that the franchise provides, and you will have access to a team of experts who can help you along the way. 

You will also be able to share resources and ideas with other franchisees and make use of their collective experience.

As you start to think about investing money into a fitness franchise, here is a very helpful article to put possible business returns in perspective:

Are Gyms Good Investments? (vs bonds vs S&P 500 vs real estate)

Types of Fitness Franchises

There are many types of fitness franchises available, and you will want to find one that best fits your interests and goals. 

Some popular types of fitness franchises include gyms, yoga studios, personal training studios, and martial arts schools. 

Each of these franchises has its unique advantages and will appeal to different types of entrepreneurs.

Here is an excellent article that pays out all the fitness franchises and helps you get an idea of the types of franchises that may be best for you:

How Many Fitness Franchises Are There? (9Round to World Gym)

Cost of Starting a Fitness Franchise

The cost of starting a fitness franchise will depend on the type of franchise and the size of the investment you are willing to make. 

Generally speaking, you can expect to pay between $20,000 and $150,000 to start a fitness franchise. 

This cost includes the franchise fee, start-up costs, and any additional costs associated with the franchise.

Here is a very helpful article detailing the most common costs of starting a fitness franchise:

How Much Does It Cost to Start a Fitness Franchise? (10 Franchises Compared)

Researching Potential Franchises

When researching potential fitness franchises, it is important to consider the reputation of each franchise, the level of support offered by the franchise, the success of the franchisees, and the cost of running the franchise. 

You should also read reviews and talk to people who have experience with the franchise to get a better understanding of how it works.

Here is an excellent example about Orange Theory, which can help gain more information:

How Much Do Orange Theory Franchise Owners Make?

For more information about who the largest fitness franchise is, go here:

Who is the Largest Fitness Franchise in the World? (Anytime Fitness)

Key Considerations for Choosing a Fitness Franchise

When choosing a fitness franchise, there are several key considerations to keep in mind. 

You will want to make sure that the franchise is a good fit for your interests and goals and that it offers a competitive edge. 

Additionally, you will want to make sure that the franchise has a proven track record of success and that it is well established within the marketplace. 

Finally, you will want to make sure that the franchise is financially viable and will provide you with a good return on your investment.

As you go down the path of researching the right fitness franchise, and start calling some franchisors and go through their discovery process, here are two very good articles that can help you reach success in the gym and fitness franchise business:

7 Critical Steps to Open a Local Small Town Gym (Free Guide)

7 Reasons Why Gyms Fail (+Solutions)

Becoming a franchisee can be an exciting and rewarding experience, and fitness franchises offer many advantages that can help entrepreneurs to be successful. 

Be sure to consider the advantages, types of franchises, cost, research, and key considerations when choosing the right franchise for you. 

With the right franchise and a little hard work, you can be on your way to a successful and fulfilling business venture.

For more articles about fitness franchises, go here:

Fitness franchises archive 

Frequently Asked Questions

What are the benefits of opening a fitness franchise? 

Opening a fitness franchise can provide many benefits, such as the security of working with an established brand and having access to their training and marketing materials. Additionally, you will benefit from the power of collective buying, allowing you to purchase goods and services at a lower cost than if you were to go it alone. You will also benefit from the existing customer base and brand recognition, which can give you a competitive edge.

What are the different types of fitness franchises available?

There are many different types of fitness franchises available, including gyms, health clubs, studios, martial arts schools, and more. Each type of franchise offers different services, amenities, and pricing structures, allowing you to tailor your business to the needs of your local market.

How much does it cost to start a fitness franchise?

The cost of starting a fitness franchise can vary widely, depending on the type of franchise you choose. For example, a gym franchise may cost tens of thousands of dollars, while a martial arts school may cost much less. It is important to research potential franchises thoroughly to ensure that the cost of entry fits within your budget.

How can I research potential fitness franchises?

Researching potential fitness franchises involve analyzing the overall health of the industry and researching individual franchise models. You should assess the current market and determine whether there is room for another franchise in the area. Additionally, you should research the franchise’s reputation, financials, training programs, and customer reviews.

What are the key considerations for choosing the right fitness franchise?

When choosing the right fitness franchise, there are a few key considerations to keep in mind. First, you should make sure that the franchise is a good fit for your interests and skill set. Additionally, you should consider the franchise’s overall financial stability and the resources available for franchisees. Finally, you should assess the franchise’s marketing and customer service strategies to ensure that they are up to date.

What steps do I need to take to become a successful franchisee?

Becoming a successful franchisee involves taking several steps. First, you should do your research and carefully assess the franchise before investing. Additionally, you should create a business plan and secure financing, if necessary. Once you are open, you should focus on marketing and customer service to ensure that you are providing a quality product to your customers. Finally, you should stay up to date with the franchise’s policies, procedures, and trends in the industry to stay competitive.

The post What is the best fitness franchise to open? (exciting!) appeared first on Fitness Franchise Info.

As such, many gyms and fitness companies have recently experienced sharp rises in new members, sales revenue, and net income. 

The most profitable fitness franchises are the leaders in their respective fitness category. Anytime Fitness, Orange Theory, Pure Barre and 9 Round have led the industry recently with very profitable years as stated in their Franchise Disclosure Documents (FDD). 

Some of the biggest winners during this time were fitness franchises, most specifically gyms. 

So, in this article we will be breaking down the most profitable fitness franchises by 2020 net income. All financial Information in this article is as reported by each firm’s 2021 official franchise disclosure document and other facts as cited.

Here are 7 of the most well known fitness franchises and their net income values, as stated in their Franchise Disclosure Documents (FDD). It is important to note, that all these companies are leaders in their respective niche and each company has different accounting systems, varying operating goals and procedures, and a different vision for what they want their organization to become.  

These numbers do not tell the whole story about the respective company, so it is suggested that you do your own research about each organization if you are doing your due diligence.

7. Crunch Fitness

2018 Net Income: $2,927,000

2019 Net Income: $5,193,000

2020 Net Income: ($15,931,000)

Starting this list off with a company that took a very large loss in 2020 with Crunch Fitness. Crunch Fitness is a smaller, international franchise with around 400 locations across the globe, with the majority of these franchises being in the US. As you can see by the numbers, Crunch was doing quite well pre-pandemic, but had a very rough 2020. Things are lookin bright for the future though! 

Per current CEO, Ben Midgley, Crunch saw a 128% in overall membership in 2021 (1). If the 2021 official financial results were available at time of writing, Crunch would most likely be much higher on this list.

6. Snap Fitness

2018 Net Income: $1,661,000

2019 Net Income: $560,000

2020 Net Income: ($4,236,000)

Next up is another company that took a large loss in 2020, Snap Fitness. 

At time of writing, Snap has around 2,000 gyms worldwide in almost 20 countries with over one million members.  

Despite the low revenue pre-pandemic, Snap is one of the most established, and one of the largest, fitness franchises on this list. That said, Snap is also a young brand founded in 2003 (2), so its best days are probably still ahead.

5. Jazzercise

2018 Net Income: $1,458,018

2019 Net Income: $1,952,786

2020 Net Income: $2,072,158

Now we move into truly profitable franchises with Jazzercise. 

You have most likely heard of Jazzercise from their many references in popular media over the last 30 or so years including How The Grinch Stole Christmas (2000), The Golden Girls, Glee, Futurama, and Stranger Things. 

At time of writing, Jazzercise boasts more than 8,300 franchises in more than 32 countries. Jazzercise has remained popular, and profitable, through both its double-sided Owner Franchisee and Instructor Franchisee system (3). This unique system allows people who want to teach classes, but not worry about the business side of things, to be franchisees.  

4. 9Round

2019 Net Income: $5,295,925

2020 Net Income: $3,990,192

Next up is a more niche franchise in 9Round. 

9Round’s fitness model is based around quick, HIIT and kickboxing training exercises with a heavy focus in one-on-one training sessions. 

9Round currently has more than 700 locations in more than 20 countries. 9Round is another very young franchise on this list, being founded in 2008, and it is growing fast (4). 

Check back in just a few more years and 9Round may even be number one on this list.

3. Pure Barre

2019 Net Income: ($9,137,171)

2020 Net Income: $10,895,101

Pure Barre is the largest barre franchise in the United States with almost 550 locations across the country and over 76,000 active members (5). 

Barre workouts are group fitness classes with a heavy focus on one’s self through small, but consistent, effort. 

These specialty studios have been gaining traction and taking off in recent years and seem poised to keep growing. What really separates Pure Barre from the pack is their online classes. “Pure Barre Go” has been giving people access to unlimited fitness classes from their own homes. 

With this amazing service, Pure Barre will continue to be on the top of the pack for a long time.

2. Orange Theory Fitness

2019 Net Income: $44,703,021

2020 Net Income: $24,846,690

Another firm that took a hit in 2020, but remains near the top of this list is Orange Theory Fitness. 

Similar to Pure Barre, Orange Theory’s business model is based on group fitness classes from home or in-studio with certified instructors. Each class consists of a full body, HIIT workout and Orange Theory recommends taking 2-4 classes per week. 

To date, Orange Theory boasts more than 1,400 studio locations in 27 different countries. As shown by Orange Theory, and several others on this list, the ‘group class’ business model remains extremely profitable due to its flexibility and overall popularity with consumers.

1. Anytime Fitness

2018 Net Income: $38,111,768

2019 Net Income: $43,346,200

2020 Net Income: $45,635,007

Last on this list, the most profitable fitness franchise is Anytime Fitness. 

At time of writing,  Anytime has more than 4,500 franchises in 50 countries, also making it the largest franchise on this list. Unlike the group fitness classes business model, Anytime Fitness is closer to a traditional gym that is known for being open 24/7, 365 days per year. 

While not their primary focus, Anytime does still offer one-on-one personal training, group classes, and consultations (7). 

Check out Anytime’s website to see the full list of amenities that an average club offers and it will be clear why Anytime Fitness is the largest and most profitable fitness franchise. 

To sum up all of this information in a simple chart:

Fitness franchises have been, and will continue to be, very profitable when managed correctly. Consumers want to be active and gyms are quickly responding to the market’s demands. While 2020 was a rough year for gyms and franchises, and “rough” is an understatement, they are rebounding quickly. We will have to wait until all the 2021 financial results are released later this year to see the full scope of the reopening. But make no mistake, these franchises seem to be solid and aren’t going anywhere.

Frequently Asked Questions related to What is the most profitable fitness franchise?

Question 1: What are the start-up costs associated with a profitable fitness franchise?

Starting a fitness franchise can be a profitable venture, but it does require significant capital investments. The start-up costs associated with a successful fitness franchise vary depending on the size and scope of the business, but there are some common expenses that are necessary for the business to get off the ground. The most important start-up costs include a franchise fee, the purchase of equipment and inventory, and operating expenses related to the business.

The franchise fee is usually the most expensive start-up cost associated with a fitness franchise and can range from a few thousand dollars to hundreds of thousands of dollars. This fee is typically paid to the franchisor and covers the cost of licensing the business and the marketing materials that come with it. Additionally, the franchisee will need to purchase the necessary equipment and inventory needed to operate the business. This can include anything from exercise equipment to apparel, depending on the type of business. Lastly, there are the operating expenses associated with the business, such as rent, utilities, insurance, and payroll.

Overall, the start-up costs associated with a profitable fitness franchise can be significant, but with proper planning and budgeting, the business can be profitable.

Question 2: What are the most successful fitness franchise models?

When considering opening a fitness franchise, it is important to consider the most successful fitness franchise models. The most successful and popular fitness franchise models are typically those that offer a comprehensive program that includes a variety of services and activities. Fitness franchises that focus on providing comprehensive programs and comprehensive services are usually the most successful, as they are able to appeal to a broader range of customers.

One of the most successful fitness franchise models is the one-stop-shop model, which offers a variety of services, such as personal training, group classes, nutrition coaching, and other services. This model is popular because it allows customers to get everything they need in one place, which saves them time and money. Additionally, this model is also popular because it allows customers to customize their fitness program to fit their individual needs and goals.

Other popular and successful fitness franchise models include those that offer specialized services, such as 24-hour gyms, boot camps, and yoga studios. These models are popular because they cater to a specific customer base and offer services that are tailored to meet their needs.

Question 3: What are the benefits of owning a profitable fitness franchise?

Owning a profitable fitness franchise can provide many benefits to the franchisee. One of the main benefits of owning a profitable fitness franchise is the potential for high profits. Fitness franchises are typically lucrative businesses, as they are typically in high demand and can generate significant revenue. Additionally, owning a fitness franchise can provide the franchisee with a steady stream of income, as customers typically remain loyal and committed to the business.

Owning a successful fitness franchise can also provide the franchisee with a sense of job security. As the business grows and expands, the franchisee will be able to rely on the franchise for a steady income and can feel secure in their job. Additionally, owning a successful fitness franchise can provide the franchisee with the opportunity to expand their business and grow their customer base. This can provide the franchisee with the ability to increase their profits and grow their business.

Overall, owning a profitable fitness franchise can provide many benefits to the franchisee, including the potential for high profits, a steady stream of income, job security, and the opportunity to expand their business.

For more helpful information and resources about fitness franchises, visit:

Fitness Franchises

References

1.  https://cheddar.com/media/how-crunch-fitness-grew-its-membership-despite-the-pandemic

2. https://www.snapfitness.com/us/news/snap-fitness-flexes-muscle-with-100th-club-opening-and-100000-members-in-australia-and-new-zealand/

3. https://www.jazzercise.com/Teach/Details

4. https://www.9round.com

5. https://www.purebarre.com/about 

6.https://www.orangetheory.com/en-us/

7. https://www.anytimefitness.com

The post What is the most profitable fitness franchise? (Top 7) appeared first on Fitness Franchise Info.

According to an IBISWorld Gym & Fitness Franchises Report, fitness franchises generate approximately a whopping $4 billion in annual revenue; employing over 60,000 people, and accounting for 7,200-plus operations.

How much is it to own a gym franchise?
If you want to own a gym franchise, there are many options, variables and costs. Generally, to buy a gym franchise the total minimum investment range is $91,000 for a 9Round fitness franchise up to about $2.2 Million for a Gold’s Gym fitness franchise, with many options in between.

Therefore, even if you don’t have a formal fitness background or education, buying a gym franchise offers you a purposeful career to make a difference in people’s lives. 

So, how much is it exactly to own a gym franchise? This article will cover everything you need to know about the cost implications of owning a gym and fitness franchise.

How Much Is It to Start a Gym Franchise?

The costs of starting a gym franchise largely depend on the business model you choose since different models have distinct capitalization levels. Nonetheless, it would be advisable to be overqualified financially rather than being “just” qualified when starting a gym. 

Leasing a strategically located commercial space, soft-cost financing, and purchasing gym equipment requires sufficient capital.

First, you’ll be required to pay the franchise fee for your gym to be operational, which can run anywhere between $25,000 and $60,000. In addition, you’ll need startup costs which can range from $30,000 to $300,000 depending on your gym size and business model. 

But generally speaking, you’ll need a capital investment of about $500,000 to $3 million, depending on the gym size, to build and run your gym franchise until it breaks even.

What Factors Affect The Cost Of Owning A Gym Franchise?

Factors that influence the cost of owning a gym franchise include license fees, royalty cuts, marketing, operational expenses, human capital, equipment used, and facility size. 

For instance, a small-sized gym could demand an investment of about $30,000 to $100,000. On the other hand, a mid-range gym could ask for an investment of $100,000 to $200,000, while a high-end gym could cost between $500,000 and $ 1 million.

It’s worth noting that your franchisor will also demand a progressive or a fixed cut from your gym’s gross profit. Most franchisors charge 5% to 10% royalty cuts, although some charge lower and others higher than that. Here are the top gym franchise companies and their royalty cuts:

Do Gym Franchises Make a Lot of Money?

According to Fitness Franchise Industry Report 2018, the gym franchise is one of the fastest-growing franchise sectors worldwide, with an annual growth trajectory of 5.2%. 

Here is a careful review of Anytime Fitness and some of their financial metrics

The sector’s impressive growth and vitality can be attributed to health-conscious consumers, new technologies, fresh business models, attractive prices, and trainers’ professionalism. Hence, owning a gym franchise can be profitable if properly managed and well-thought-out.

Many gyms franchises have a proven track record of generating significant profit margins. For instance, solid performing gym franchises’ annual gross revenue ranges between $513,000 and $5,554,000, with merchandise, card memberships, and monthly memberships being ways these franchises make money. Nonetheless, you must be willing to risk resources, time, and energy for your gym to be as successful and cash-flow-positive.    

How Much Does a Franchise Gym Owner Make?

How much you make as a franchise gym owner depends on the number of consumers you serve, the size of your facility, and the success of your gym. While gym and fitness franchises offer huge economic potential, the fail rate can be very high. Nevertheless, once you overcome these initial entrepreneurial hurdles, you’ll emerge a stronger entrepreneur and will be able to handle most of the gym ownership challenges.

Typically, owning a high-end gym franchise could earn a very successful owner and or operator a very healthy net profit each year if you endure entrepreneurial challenges and grow your franchise. However, it would help to point out that an average gym franchise owner makes about $65,685 annually. Here is an overview of how much a franchise gym owner makes monthly and annually:

Frequently Asked Questions related to How Much Is It to Own a Gym Franchise?

Question 1: How much capital is needed to purchase a gym franchise?

The amount of capital needed to purchase a gym franchise varies depending on the franchise. Some smaller franchises may require less than $50,000, while larger franchises may require more than $1 million.

The size of the franchise and the location will affect the amount of capital required. For example, a franchise located in a high-traffic area may require more capital than one located in a rural area. Additionally, the amount of capital needed to purchase a franchise may depend on the type of franchise. For instance, a full-service gym franchise may require more capital than a specialty gym franchise.

In addition to the franchise fee, potential franchise owners must also consider the cost of equipment and any other startup costs associated with the franchise. Equipment costs can range from a few thousand dollars for a small gym to more than $100,000 for a larger gym. Additionally, some franchises may require a royalty fee that must be paid to the franchisor. This fee is typically a percentage of the monthly or yearly revenue generated by the franchise.

Before deciding to purchase a franchise, potential franchise owners should carefully consider the amount of capital they have available and the amount of capital they will need to purchase the franchise and meet the startup costs. It is also important to consider the potential return on investment and the risks associated with owning a franchise.

Question 2: What are the fees associated with owning a gym franchise?

The fees associated with owning a gym franchise vary depending on the franchise and the location of the franchise. Generally, potential franchise owners must pay a franchise fee to the franchisor, which is typically a one-time fee based on the size of the franchise. Additionally, some franchises may require a royalty fee that must be paid to the franchisor on a regular basis. This fee is typically a percentage of the monthly or yearly revenue generated by the franchise.

In addition to the franchise fee and the royalty fee, potential franchise owners must also consider the cost of equipment and any other startup costs associated with the franchise. Equipment costs can range from a few thousand dollars for a small gym to more than $100,000 for a larger gym. Additionally, some franchises may require additional ongoing fees for marketing and advertising.

Before purchasing a franchise, potential franchise owners should carefully consider the fees associated with owning a franchise and the potential return on investment. It is also important to consider the risks associated with owning a franchise.

Question 3: What is the expected return on investment for owning a gym franchise?

The expected return on investment for owning a gym franchise varies depending on the franchise and the location of the franchise. Generally, potential franchise owners can expect to make a return on their investment within two to five years. However, it is important to note that the expected return on investment can vary depending on the size of the franchise, the type of franchise, and the location of the franchise.

It is important to note that the return on investment for owning a gym franchise is not guaranteed. Potential franchise owners must carefully consider the costs associated with owning a franchise and the potential risks before deciding to purchase a franchise. Additionally, potential franchise owners should research the local market and the competition in order to determine the potential for success.

Overall, owning a gym franchise can be a lucrative investment, but potential franchise owners should carefully consider the costs associated with owning a franchise and the potential risks. Additionally, potential franchise owners should research the local market and the competition in order to determine the potential for success.

Conclusion

In retrospect, franchising is an ideal business model for many entrepreneurs. 

But with the prevailing prospects in the fitness sector, gym franchising is particularly an interesting option if you are a healthy lifestyle enthusiast. 

Fitness franchising’s consumer trends, market conditions, and business opportunities make the franchising category an astute investment for both immediate and long-term gains.

For more helpful information about buying a gym or a franchise, go here:

Gym Franchise

The post How Much Is It to Own a Gym Franchise? (+Comparisons) appeared first on Fitness Franchise Info.

Or do you dream of owning your own gym and want to plan out your sales revenues? 

How do local gyms make money?
Local gyms make money from several sources, including selling memberships, providing services such as personal training and selling additional products such as drinks, proteins and equipment as well additional fitness related services including yoga, classes and daycare.

The average gym relies on its clients and members to pay for the gym facilities. 

However, a gym’s business model and profitability may involve more than this. Below is an overview of how gyms make money and their various income streams. 

1. Membership Fees

According to Healthline, the average cost of a gym membership is $58 per month. However, in cities such as Brooklyn, the monthly spending can go as high as $100. Gym membership fees can also go as low as $10 per month. Most gyms operate on membership models, providing their clients with fixed monthly, bi-annual, or annual rates to utilize gym facilities. 

Unfortunately, most gyms that rely solely on membership fees as a revenue source don’t realize impressive returns. It is common for the average person to cancel or bail out of the gym shortly after joining and paying the fee. Reliance on this revenue source requires consistent customers and, ultimately, an alternative revenue source.

2. Group and Personal Training Programs

Personal training packages are the ideal solution and upgrades for those who want more than the average access to gym facilities. Gym personal trainers offer the extra service by customizing training plans to help them achieve maximum results and charge them the extra fee for the extra services.

Group classes are also a better premium alternative, especially for beginners looking to start small. The extra attention that a gym staff/trainer offers clients attracts an extra fee besides the general membership fee. 

3. Extra Products and Services 

Gyms can provide several extra products and services to their clients—depending on the facilities’ available space and structure—to enhance customers’ experiences and make more sales revenue. 

Extra services a gym can provide include daycare, spa, or anything clients would appreciate. On the other hand, some gyms opt to sell branded products, bottled water, gym clothing, or supplements that customers need for their workout programs.

For a very helpful article about opening a local gym, visit this resource:

7 Critical Steps to Open a Local Small Town Gym (Free Guide)

For another excellent resource about Anytime Fitness and how much money an owner can make, go here:

How Much Can You Make Owning an Anytime Fitness Franchise? (Surprising)

Are Local Gyms Profitable?

The past two years have been challenging for the fitness industry, with most people opting for indoor and at-home fitness in compliance with the government’s social distance and lockdown directive. This led to a reduction in revenue for most gyms and further verified the need for a great online presence to continue providing fitness services. 

However, the industry is thriving again amid the new normal, with gym activities estimated to be somewhere near about 90% of pre-Covid levels. Such activities include online gym classes which contribute to a significant percentage of a gym’s revenue. Evidently, gyms balancing a physical and digital presence realize more sales revenue and net profits than those that strictly rely on a physical presence. The internet also provides an e-commerce opportunity for local gyms to sell additional branded products and make more sales revenue. 

Local gyms are profitable subject to certain conditions.

For starters, a local gym with multiple revenue streams in addition to membership fees and personal training can realize more sales revenue and can potentially be more profitable. Unfortunately, simply having different ways to make money doesn’t automatically make a local gym profitable. In fact, this can often lead to extra organization chaos and additional management headaches that may take away from the gym’s core business model, rather than making it stronger. 

There is a need for a great customer value proposition, clear unique selling propositions, customer targeting, and supported by excellent financial systems, either by acquiring additional staff or using software such as QuickBooks.

How Much Does a Local Gym Owner Make?

A local gym owner’s earnings depend on several factors, such as:

Gym Size

How many members can a gym facility accommodate at any particular time? A facility’s capacity affects its revenue potential. A large, fully-equipped, and maximized gym facility generates more revenue than a smaller facility largely because it has the capacity to serve more customers. 

The Gym’s Business Model

Gym business models vary in type, overhead costs, and potential revenue generation. Different gym models include:

• Conventional health style club
• Weightlifting center
• Cardio studio
• Aerobic studio
• Yoga studio
• Crossfit style

A typical business model may include one or combine more than one of the above to generate more sales revenue for a gym owner. 

Reinvesting free cash flow to improve gym marketing, staffing, maintenance and operations

Reinvesting profits into business aspects such as marketing, staffing, advertising, maintenance, and repairs can help the business grow, resulting in more sales revenue and higher profits for a gym owner. Reinvesting may also have added tax benefits.

Consequently, how much can a local gym owner earn?

According to ZipRecruiter, the average annual salary of a gym owner in the US is $65,685. This translates to $31.58 hourly, $1,263 weekly, and $5,474 monthly. According to ZipRecriter,  local gym owners can make as much as $224,500 annually, while the lowest may be approximately $10,000. 

For an excellent article about how much profit a gym makes, go here:

How Much Profit Does A Gym Make? (Planet Fitness vs 9Round)

Summary of How Do Local Gyms Make Money

Local gyms make money by:

• selling memberships,
• personal training services,
• merchandise, and
• other fitness related services.

Memberships make up the majority of income for most local gyms.

These memberships come in a variety of forms, such as monthly, quarterly, or yearly.

Most gyms also offer discounts for couples, families, or multi-year memberships. Memberships give gym-goers access to all of the gym’s equipment, classes, and other amenities. Gyms also make additional money by charging fees to use certain parts of the gym, such as the pool or racquetball courts.

Personal training services are another great source of income for local gyms. Customers can pay for one-on-one training sessions with certified trainers who can help them reach their fitness goals. Many gyms also offer group training programs which offer more affordable alternatives for those who can’t afford one-on-one training.

Merchandise is another major source of income for local gyms. This can include anything from clothing and accessories to nutritional supplements and protein shakes. Gyms often partner with major brands to offer branded merchandise to their customers. This helps the gym make money and also encourages customers to wear their gym’s logo.

Finally, local gyms can make money from other fitness-related services, such as nutrition counseling, massage therapy, and even spa treatments. These services help the gym diversify their income streams and provide additional value to their members.

In summary, local gyms make money by selling memberships, personal training services, merchandise, and other fitness related services. This helps them generate a steady stream of revenue and allows them to provide their customers with the best possible experience.

For a great article to answer your questions about owning a gym as an investment, here is a very valuable resource:

Are Gyms Good Investments? (vs bonds vs S&P 500 vs real estate)

Conclusion: Can a Local Gym Earn More?

Yes, it can. Every business strives to improve certain vital aspects such as sales revenue, gross profit and net income. A local gym with a solid business model and a great marketing plan can increase its sales revenue and net income. Local gym business owners who strive to continually optimize their main source of sales revenue and then stack on new revenue sources can experience great success. 

Besides the traditional membership fees, you can offer personal training, extra services, or group classes to bring in additional sales revenue and net income. More importantly, ensure you maximize the available gym space fully and reinvest in your business to make it more accommodating, modern, and attractive. Finally, financial accountability is elemental to helping a business keep track of its Key Performance Indicators (KPIs) including expenses and net profits.

For more information about gym and business related topics, go here:

Business Info

The post How Do Local Gyms Make Money? (+3 ways) appeared first on Fitness Franchise Info.

Based on their 2021 unaudited financial statements from the FDD, Anytime Fitness reported $103,127,217 in Total Revenue, with $89,118,454 in Revenue and $14,008,763 in Advertising Fund Revenue.

Anytime Fitness is the world’s largest fitness franchise, with more than 4000 fitness locations worldwide.

According to Entrepreneur Magazine, the Anytime Fitness brand has been ranked in the top several times. 

Let’s now explore a few more interesting facts about Anytime Fitness.

Anytime Fitness: A Brief History

Jeff Klinger, Dave Mortenson, and Chuck Runyon met in the early 1990s. 

At that time, they were working for a fitness club in Minnesota. And then later on, in 1995, they purchased a fitness club named Southview Athletic Club and ran it for seven years. 

After that, they laid the foundation of Anytime Fitness in 2002, as they recognized people wanted fitness services 24/7.

Stacy Anderson: President of Anytime Fitness Franchise

More than half of the Anytime Fitness Franchises are located outside the US in almost 30 countries. Stacy Anderson is the president of Anytime Fitness. And according to Stacy, Anytime Fitness is the world’s largest fitness franchise and has the best in class-support system.

Stacy also said, “Everyone needs to focus more on fitness and nutrition. That’s why we are open to helping other fitness brands to fulfill this purpose.” Before becoming the president of Anytime Fitness Franchise, Stacy Anderson served as a chief marketing officer of Self Esteem brands the parent company of Anytime Fitness.

Anytime Fitness: World’s Largest and Most TrustWorthy Fitness Brand?

Anytime Fitness Franchise plays the role of the king in the fitness niche. 

It serves you 24/7 if you have taken the membership access. So, you can go to your nearby Anytime Fitness outlet in the morning, evening, or even at night, offering a secure environment for their customers.

This brand is not only in Canada and America but has licensed rights in China, Japan, Mexico, Australia, and several other countries. In 2020, it was reported that Anytime Fitness had 2,374 outlets, including 13 locations owned by the company. 

Each site generates average revenue of about $440,000.

Anytime Fitness: World’s Fastest Growing Fitness Brand?

Do you know why Anytime Fitness may be the world’s fastest-growing fitness brand? 

It is because of the services they present. According to an estimate, Anytime Fitness is opening almost 300 new gyms yearly and also tends to serve nearly 4.2 million members at their 4,800 gyms. 

Another feature that makes this brand the fastest growing and number one is that it is the only fitness brand serving all seven continents.

And above all, it is open 365 days a year, 24 hours a day. 

Anytime Fitness serves its customers with friendly personal services and convenient fitness choices. 

The whole environment is quite fitness-friendly, equipped with excellent equipment. 

The post Who is the Largest Fitness Franchise in the World? (Anytime Fitness) appeared first on Fitness Franchise Info.

You know this already.

But you may not know how to find out how much top fitness franchise owners make, such as OrangeTheory.

The average income for a franchise owner in the United States is approximately $70,000 per year.  In the right location and with excellent management, it may be possible for an owner of an OrangeTheory fitness franchise to make as much as $200,000 a year, or more.

Along with this, you also follow the guidelines of your franchise and train new employees the same way. When opening a franchise, the groundwork has been laid for you to run a successful business. 

Regardless of the additional help you get when starting a franchise, the ultimate goal of every business owner is to be profitable.

In today’s society, fitness franchises can become one of the most profitable franchises to be an owner of. People want to become more active and healthier, and often look to gyms to help them achieve their weight loss goals, as in the case with this feature on OrangeTheory.com. 

Because of this trend, it’s no shock that becoming a gym franchise owner has the opportunity of making you extremely profitable. A successful franchise like Orange Theory, for example, is a great franchise to be a part of. For the sake of this article, let’s talk about how much Orange Theory franchise owners make, and if it’s something to consider doing.

What is an OrangeTheory Franchise?

To truly understand how much money Orange Theory owners make, you must understand the breakdown of a franchise and what exactly these owners are investing in. Franchising is the practice of distributing the brand and its services into multiple outlets to increase marketing share. The franchisor will sell its brand and name to another business owner, giving them the right to use the franchisor’s goods and services under a trademark. Franchises are everywhere around us, from hotels to fast-food chains to gyms like Orange Theory.

What is Orange Theory?

Orange Theory is a fitness franchise with over 1300 locations throughout the United States and other countries. The gym is based on 60-minute, high-intensity interval training sessions (also known as HIIT) by combining cardio and weight lifting exercises. Orange Theory is science-backed fitness based on the theory of excess post-exercise oxygen intake which means increasing metabolism after high-intensity training. Orange Theory classes are based on five zones that correlate to your heart rate. The zones range from least intense to maximum effort, which is what they use to measure exertion in each workout class.

Orange Theory is known for its intense, calorie-burning workouts. When you try out your first class, you’re given a heartrate monitor and discuss your fitness goals with your trainer that will help guide your workout plan. No class is the same at Orange Theory, but they all revolve around the same thing: increased heart rate. Due to the diverse, highly researched training sessions, the price for becoming a member at Orange Theory is not cheap. To be able to take a class every day, you must pay a fee of $160 per month. This is only the member cost. What are the investments of profits of being an owner?

How Much Does an Orange Theory Franchise Cost?

The initial investments to be an owner of Orange Theory seem astronomical, but actually have a reasonable cost-to-profit ratio. To open an Orange Theory franchise, you must have a net worth of at least the upper $400,000s. Initial investments may even be more than that depending on market availability and studio location. In addition to this, Orange Theory does not offer direct or indirect financing for the investment costs. To start, you must make an initial investment into the franchise of $60,000. Then, you must acquire commercial space of at least 2600 to 4000 square feet. This can be anywhere from $3000 to even $10,000 a month. Once the space is secured, you will need to hire architects and Orange Theory designers to make the space branded as the franchise. The cost of the leasehold improvements depends on the condition and size of the space, but can be anywhere from $300,000 to $900,000.

Once the studio looks the part, you must invest in the right equipment and technology to run the place efficiently. After that comes retail merchandise, training of employees, and other licensing to legally own and run a fitness franchise. As you can see, there are a lot of initial investments you need to make before the grand opening. All of this adds up to about $500,000 in the best-case scenario.

How Much Do Orange Theory Franchise Owners Make?

After reading about the initial investment fees to be a franchise owner at Orange Theory, it may be hard to see the return on investment opportunity after tallying the final number. The average salary for a franchise owner in the United States is approximately $70,000 per year. With a lucrative franchise such as Orange Theory, owners of the fitness brand make approximately $200,000 a year. Due to profit sharing, commission sharing, cash bonuses, and stock opportunities, owning an Orange Theory franchise can be extremely profitable when compared to the investment.

Orange Theory is a globally known, strong brand name that’s capable of acquiring thousands of memberships per thousands of locations. It should not be too shocking that the return on investment opportunities are well worth the initial fees. Orange Theory owners make significantly more than the average franchise owner.

The Overall Conclusion

Like any job, it takes a lot of hard work, patience, and dedication to own an Orange Theory franchise. For the initial starting costs along, you need to be a well-developed investor with a bank account to back it up. However, with trained staff, a great location, and great management skills, you will be able to make a profit on your investment within a couple of years. If you have the means, consider being an Orange Theory franchise owner. The franchise is not going away any time soon.

Key Sources:

1. https://www.orangetheory.com/
2. https://topfranchise.com/products/orangetheory-fitness-franchise/
3. https://www.franchisechatter.com/2021/12/20/franchise-costs-detailed-estimates-of-orangetheory-franchise-costs-2014-fdd/
4. https://www.glassdoor.com/Salary/Orangetheory-Fitness-Franchise-Owner-Salaries-E688042_D_KO21,36.htm

The post How Much Do Orange Theory Franchise Owners Make? appeared first on Fitness Franchise Info.

Starting a new gym franchise as compared to an established one can be a good deal. 

Buying a franchise sounds expensive. What are the costs? And what is the cheapest gym franchise to own?

The cheapest gym franchise to own is Jazzercise, which can be as low as $2,300.

With a gym franchise, you might benefit from local or international brand awareness and marketing if you become a franchise owner, and you will also have exposure to the promotional materials, marketing campaigns, and promotional possibilities provided by the franchisor. 

You ought to have an easier time drawing people to your fitness center if you own a gym that is part of a franchise and receive support from the parent company’s brand. 

You could leverage marketing messaging and follow a company plan that has already been shown to be successful. The likelihood of success for franchisees is often greater than that of independently owned and operated businesses.

Here are 5 of the cheapest gym franchises you can own today. 

Gold’s Gym 

Is there anything better than owning a franchise of gyms known as “the mecca of bodybuilding?” We don’t think so. People would love to be a part of a gym where celebrities train and Gold’s gym is the pinnacle of Hollywood cream. From Arnold Schwarzenegger to Keanu Reeves and Jessica Alba, most of the A-listers have been a part of Gold’s gym. 

A veteran of the United States Merchant Marine established this fitness center in 1965. The fitness center, headquartered in Los Angeles, has established more than 700 locations locally and internationally. As of right now, the Gold’s Gym franchise is one of the most expensive ones to buy and operate, and this is justified by the fact that it has open markets in virtually all of the states in the United States as well as some overseas prospects. However, there is a limitation as people wanting to get the franchise need to have a net worth of at least $1 million.

Predicted Total Investment: Upto $5 million 

Franchise Cost: $30,000 to $40,000

Crunch Fitness 

Crunch Fitness is another old player in the fitness industry. It was first founded in 1987 and since then they have really expanded their services to all over the world. This US-based fitness gym has 400 franchises in different parts of the world including Spain, Australia, Portugal, Canada, and more. 

Their motto is to keep things healthy and fun for the gym members and this is a great crowd puller. They really want everyone to enjoy themselves while they are working out. If you already feel that having fun is one of the primary factors that keep you motivated, then the Crunch franchise could be a perfect fit for you.

The brand had management changes quite a few times but it has retained its position as one of the most popular gyms worldwide. Crunch has big plans and they are determined to expand their franchises in over 1000 new locations. So, it can be a great chance for you to be an owner of one if you have a net worth of over $1 million along with at least $300,000 in liquid assets. 

Predicted Total Investment: $305,000 – $2.3 million  

Franchise Cost: $25,000

9Round 

The 9Round organization was established in 2007, and it embarked on its quest toward franchising at the beginning of 2009. Till today, they have expanded to the point where they now claim over 600 operational sites throughout the United States.

They focus on the kickboxing fitness form, and each of their workouts is developed by kickboxing professionals in order to provide customers with a comprehensive, hands-on experience. Their 30-minute exercise routine is intense enough to make an adult sweat, buckets full.

Their franchising contract is 10 years long. In addition to that, they want a royalty payment of 6% as well as a marketing cost of 2% per month.

Predicted Total Investment: $40,000 – $260,000  

Franchise Cost: $25,000

GymGuyz

GymGuyz was established in 2008 and has been offering franchise opportunities since 2013. The company currently has 125 active franchisees throughout the world. If you want to work with them, you would need to agree to a binding contract that is for 10 years. This particular gym franchise company offers investment costs that are far cheaper than those of the vast majority of other franchises. In addition, they impose a royalty fee of 6% as well as a marketing cost of 2%.

Individual training and group training settings are the primary objectives of this business. Their amazing corporate fitness routines are an additional perk that they provide. These activities are fairly common when it comes to developing teams. Additionally, the organization provides a variety of support services. Meal planning, weight reduction plans, body shaping, and stretching sessions are some examples of these kinds of programs.

Predicted Total Investment: $90,000 – $175,000  

Franchise Cost: $40,000

Jazzercise Inc. 

Jazzercise has more than 8,900 franchisees all across the United States. This may be attributed to the company’s amazing standing in the field of fitness as well as its devoted clientele. In addition, the basic franchise price and original cost required are relatively cheap, making Jazzercise among the most affordable franchise opportunities you can discover. A Jazzercise franchise may be readily owned by the vast majority of individuals who are interested in this kind of exercise since it requires a cheap initial investment and has such a small franchise fee.

Jazzercise has been in business since 1968 and has garnered a wonderful reputation in the fitness industry. They are a genre of exercise that millions of people depend on to lose weight and keep themselves healthy.

Predicted Total Investment: $2,300 – $4,000   

Franchise Cost: $1200 – $1300

Conclusion

There are a large number of fitness franchise opportunities available in the market if you are thinking about establishing a gym. When deciding which organization to put your money into, you should take into account not just your cash but also your expertise, knowledge, and ambition. An investment in a gym franchise provides new company owners with exposure to an established and recognized business model, robust assistance, and marketing materials. 

We hope our list of gym franchises helped you out. Happy Franchising! 

The post What is the Cheapest Gym Franchise to Own? (Jazzercise plus 4 more) appeared first on Fitness Franchise Info.

The decision to start your own gym or buy into an existing franchise network is a big one. Part of this decision is the strength of the franchise network, starting simply with some of your own research, such as, “What gym has the most franchises?”

Jazzercise is the biggest gym and fitness franchise business, with 8,900 locations.  Anytime Fitness is more of a typical gym format with about 2,435 locations in the United States and about 4,000 locations worldwide.

For many fitness enthusiasts and personal trainers, having the ability to achieve your fitness goals while making money at the same time is a dream come true. Investing in the most popular fitness franchises might increase your chances of success.

Here are the top gyms with most franchises.

1. Jazzercise Inc.

The near-legendary franchise tops this list with over 8,900 locations across the country. This is primarily due to incredibly low upfront prices and initial franchise fees. Jazzercise is one of the most pocket-friendly franchises, especially in the health and fitness niche. On top of being cheap, the gym enjoys a loyal customer base.

Jazzercise previously offered classic exercises, including dance-cardio fusion and high-intensity classes popular in the 80s. They have since modernized their exercise routines to include:

• Strength training
• Pilates
• Kickboxing
• Hip hop
• Yoga

The gym claims customers can burn as much as 800 calories per hour during classes.

2. Anytime Fitness

Since its debut two years after the start of the millennium, Anytime Fitness has grown and expanded to 4,000 locations across seven continents. They owe their popularity to a unique business model which allows them to be open anytime, every day for the whole year. Members can access the gym facilities from most locations across the globe.

The gym prides itself on prioritizing employee wellness and offering support to members. Standard gym fare is the mainstay of Anytime Fitness. However, members can also get various classes and services like personal training, Zumba, cardio, and spin.

3. Planet Fitness

If you are looking for a gym franchise, Planet Fitness should be somewhere near the top of your priority list. Planet Fitness ranks third in this list, with over 2,000 locations and 15 million members across 50 states. The startup fees cost anywhere between $700,000 and $3.8 million.

Your lack of experience doesn’t matter. This traditional gym boasts of a significant global presence and is a consistently high performer. They train new franchisees when joining and provide continuous support until the business stands on its feet. Furthermore, the franchise provides a judgment-free zone where members can work out and meet their fitness goals.

4. Orangetheory Fitness

Orangetheory Fitness dates back to 2010, when it started franchising. The number of locations inside the country totals up to over 1,200. They also offer quality services in over 100 franchise units outside our borders, which benefits international members.

The fitness training takes place inside classes bearing its official color, orange. The training sessions are split into one-hour segments, and a trainer leads each group. Each energetic session is geared towards strength and cardiovascular training. Typical equipment in Orangetheory Fitness gym includes:

• Treadmills
• Rowing machines
• Free weights

5. Snap Fitness

Snap Fitness boasts millions of members globally. You will find their franchises in more than 1,000 locations spread over 20 countries. This inclusive gym franchise aims to offer maximum returns on investment while lowering the investment cost. Like Anytime Fitness, Snap Fitness also has an inclusive gym environment based on a 24/7 access model.

 To invest in Snap Fitness, you need to pay anything between $145,258 and $479,996. Other requirements include a $250,000+ net worth and $125,000 in liquid assets. The franchise aims to be a global leader in the fitness industry. Therefore, they have invested in value-added services and quality equipment to give members the best results.

6. Gold’s Gym

Gold’s Gym dates back to 1965 when Merchant Marine veteran founded it. Since then, the gym proceeded to cement its name in the fitness industry and the larger American society. Some of the legendary and most famous names in the country, including Arnold Schwarzenegger, were nurtured in this gym.

Today, Gold’s Gym has at least 700 franchises spread over 29 states. Furthermore, they have an international presence in 29 countries with 3 million strong devotees. The downside is that this company is the most expensive on this list requiring over $5 million in upfront investment.

7. Burn Boot Camp

Burn Boot Camp is a relatively new entry into the fitness scene, having been around for approximately five years. Although new, Burn Boot Camp is one of the fastest-growing brands in the gym world. Their presence is felt in 38 states where they have established 240 franchises.

8. UFC Gym

The famous UFC Gym comes last on this list. You must have heard of them because they have millions of fans, especially in the sports world. Despite the fame, their gym facilities are accessible to people of all ages without considering their fitness level. In conclusion, UFC Gym offers lots of opportunities in case you want to establish a gym franchise.

The post What Gym Has the Most Franchises? (Jazzercise or Anytime Fitness) appeared first on Fitness Franchise Info.

While the fitness business has a tremendous amount of opportunities and options, we are going to outline some of the most common costs to start a traditional fitness business helping people get fit.

The cost to start a fitness business can range from as little as $1,000 up to $1,625,600, depending upon the size and scope of your goal. If you want to start a  personal training business, you could get set up and start for about $1,000. If you want to start a Planet Fitness business, you could start one at as low as $1,625,600.

There are a lot of opportunities in the fitness business, from being a one-person operation to employing a staff and operating a big facility.

Let’s explore the costs to start a fitness business, and some of the opportunities that exist for you starting today. 

15 Common Costs Needed to Start a Fitness Business

As you probably already know, the costs to start a classic gym varies a lot depending on the size and type of operation you want to operate.

For example, if you choose a boutique-style personal training studio with limited capacity, your costs will be much lower than starting a big box gym experience.

Additionally, you could very easily and quickly start a mobile personal training fitness business where all you need is some basic fitness equipment, and a location to train your customers.

It should be no surprise that the initial costs of opening a traditional gym aren’t cheap regardless of where you live in the United States – though some cities can be cheaper than others.

This article and lists of costs will be more focused on a brick ‘n mortar location. 

However, based on your goals, you can easily get creative and tailor your fitness business so that you do not need to consider every item on this list. You can choose the relevant items and add them to your planning tools.

1. Physical location – this cost will of course depend on the size and location of your gym, as well as your decision to rent or purchase the building. Aside from space for weights and machines, you may wish to include space for cardio, yoga or spin classes. More room means greater capacity for clients but it also means higher fixed costs. For example, you might provide locker rooms, showers or a sauna. You can easily spend $100,000’s with a big footprint.
2. Gym equipment – this cost similarly has a large range, depending on the amount and type of equipment you want. Think somewhere between $10,000 for a personal training studio to $50,000 for a fully-equipped commercial gym, or more. Be sure to shop around—and keep in mind you can often get a discount if you purchase the equipment in sets as a complete package.
3. Certifications – having a professional, certified staff is core. Accreditations for personal trainers can range from $500 to $800 per certification. Some certifications to explore include the American Council on Exercise (ACE), National Academy of Sports Medicine (NASM), International Sports Sciences Association (ISSA), American College of Sports Medicine (ACSM) and National Strength and Conditioning Association (NSCA).
4. Licenses and permits – individual districts define the standards for which licenses and permits you’ll need. It is necessary and legal to explore all the business licenses you will and any required health and safety compliance permits as well. Costs will vary.
5. Legal and processing fees – you may need professional help negotiating your lease, closing the property sale, or just muddling through the necessary licenses and permits for your gym. Expect to pay around $200 per hour for these services. Fees vary depending on which legal documents you’ll need (Certificate of Incorporation, Business License, Business Plan, Non-disclosure Agreement, Memorandum of Understanding, Employment Agreement, Operating Agreement, etc.), but expect to pay an average of at least $5,000 to get everything squared away.
6. Insurance – insurance is a legal necessity, and especially important for a gym. You’ll need general liability, workers’ compensation and a surety bond as a  minimum. Expect to have around $12,000 in premiums to begin, though rates will vary based on different factors (such as franchise situations).
7. Building improvements and remodeling – this expenditure may or may not be necessary for you. You’ll at least need to do what it takes to get the building up to legal standards if it isn’t there already. Just keep in mind that remodeling costs accumulate, so it’s worth not getting carried away with expensive materials. If you choose to buy a franchise, you will invariably have build out costs unless you buy an existing location.
8. Computer network and POS system – you will need to be set up with an Internet network and a point-of-sale system to accept modern forms of payment, such as Visa, Mastercard and Amex, as well as proper gym management software to ensure operations run as intended. Depending on which provider and level of hardware you choose, you’ll need to spend about $2,000 annually and often more.
9. Signage – Here’s an opportunity to be incredibly resourceful. High-quality gym signage could be provided for as little as nothing or a few hundred dollars, though you could easily spend much more.
10. Employee uniforms – this is another cost that is more advisory than necessary. It would be great to establish uniformity across staff wardrobe, for many reasons, not least to visibility and customer service. However, for a gym, ordinary workout outfits with company logo shirts can work well and are typical of the industry.
11. Miscellaneous gym supplies – Customers and local regulators expect the availability of basic supplies, such as antibacterial sprays and hand sanitizers perhaps as well as towels, chairs, etc. for more of a premium feel. Not all gyms offer towels and chairs. Expect about $500 for the first round.
12. Merchandise – don’t overlook a great opportunity to offer your customers supplies and merchandise that make the fitness lifestyle more of a pleasure. Think of muscle-fit and loose-fit tee-shirts, supplements such as protein shakes, high-end nutritional powders, health bars, chilled water and more. It is worth not over-buying to see what’s initially most popular – keep your inventory lean to begin with until you know what sells for your target market.
13. Advertising – you’ll want to aggressively announce your presence locally to get the phone ringing. Your advertising budget could spend a few thousand to run a robust, more traditional ad campaign or get creative, for example, by handing out flyers and offering free coupons in high-density areas. 
14. Responsive website – every gym business needs a web presence. Expect to pay about $1,000 to get started.
15. Operating cash – you’ll want some working capital and cash reserves for normal business operations. It is advisable to have at least 3 months of operating cash in the bank.

By no means a comprehensive list for setting up your fitness business but it should be a good start to get you thinking about some high level costs to consider as you lay out your goals and vision for your gym fitness business.

The post How much does it cost to start a fitness business? (15 common costs) appeared first on Fitness Franchise Info.