No specific service background is necessary as you will have a team of service professionals in your team that will complete the work. As a franchisee, you'll receive customizable national marketing content and corporate assistance with local advertising. Many or all of the products featured here are from our partners who compensate us. First, youll need to winnow down your list to only the gyms whose investment levels align with your financials, as well as your eligibility to secure franchise financing or gym financing. 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. Our business model allows franchisees flexibility and potential for a, COVID & the Impending RECESSION = Roughly 11 million houses hit the market for pennies on the dollar! Review our cookies information for more details. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. All told, their gyms boast over 14 million members worldwide. 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. Equipment used includes TRX, Barre, Exo-Chair, Bosu ball, mats, rollers, and more. Prospective customers can get a free one-on-one consultation to see if this might be the right workout option for them. World Gym. We help families and companies downsize and liquidate their estates or offices. There are four different membership options based on the number of classes (4-pack, 8-pack, monthly unlimited, and annual). All Star Medical and Home Accessibility is a retail storefront and showroom that provides an impressive variety of options to maintain everyday accessibility for our customers and their loved ones. But buying into a gym franchise is a less risky venture than building a gym from the ground up. If youre thinking about becoming a 4Ever Young franchisee, theres never been a better time. The initial contract length is 10 years, and the renewal term is 10 years. If a fitness business with a franchise sounds good, heres nine of the most promising options for a gym franchise. When you invest in your own homecare business, youre investing in a better community. HugeUC provides training, support and all back-end functions so that all you need to do is focus on bringing in new customers and building your business. 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. How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Money, SBA Loan Overview: Types, Pros and Cons, How to Apply. Founded in 2003 by professional racquetball player Peter Taunton and franchising since 2004, the number of locations has declined slightly in recent years to the current total of 1,051 (down from the previous total of 1,267), of which 29 are company-owned and 458 are located outside the US. 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. They began franchising in 1985. Fitwall is a new chain that offers customers a way to train smarter using its unique piece of equipment called the Fitwall. 1 Unlimited 24/7 access to 200+ workouts 2 New workouts added weekly 3 Adaptable to your goals on your time This web page does not constitute a franchise offering or an offer to sell a franchise . World Gym has relationships with third-party sources which offer financing to cover the following: equipment Training & Support Offered Franchisors offer initial training programs and a variety. Home exercise options such as Peloton, online workouts, or simply going for a run have become more popular. Theres also the satisfaction that exercise brings, and the pleasure of doing it with other people. This type of financial data is not always helpful to assess profitability for you directly. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. Assistant Assigning Editor | Small-business finance, personal finance. Get Day Pass Find The Powerhouse Gym In Your Community. You may opt-out of SMS at any time by replying STOP to the phone number we texted you from. The company recently announced its breakthrough technology called a Personalized Mobile Companion available within the Blink app. Work from home or office, no employees necessary, no overhead or inventory requirements and you make your own hours. Wow, glad you're interested in so many businesses! We exceed expectations through service and innovation. Work with an experienced team who supports you at every stage and has your success and profitability first and foremost in mind. But by detaching exercise from the routines of gym attendance and socializing with others, they may reduce interest in gyms, and so do themselves and the industry more damage in the long term. Founded in 2000 and franchising since 2010, the number of locations has risen rapidly to 199 (up from the previous total of 157), of which none are company-owned and 42 are located outside the US. Take control of your destiny and build your future while making a difference in peoples lives- request more info now! Currently, the Planet Fitness franchise has 1,800+ open locations across all 50 states, along with Canada, Latin America, and Australia. One of the Top Franchises to Own in a $300 Billion Industry. Since 1989, Bruster's has become one of the country's favorite frozen treat chains. In addition, he served as an online media manager for the University of Nevada, Reno. Build your franchising future on a strong foundation of expertly curated equipment, certified trainers, and in-depth support today. The intention is to allow the seniors to remain in their homes, living safely and independently, for as long as they can. 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. Even more reason to consider investing in a gym franchise? ComForCare is your chance to own a senior home care franchise business that, Join the #1 Estate Sale Franchise in the U.S.! Acti-Kare franchisees provide superior caregiving services to the whole family in the comfort of their own homes. You can save a little bit by agreeing to a longer contract, usually getting about 2 months for free by committing. 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. Founded in 2014 and franchising since 2015, the number of locations currently stands at 263 (up from the previous total of 231), of which three are company-owned and 12 of which are located outside the US. Orangetheory Fitness provides a totally unique (and seriously hard) group workout experience. This, too, is best evaluated with the help of an accountant or business lawyer, who can help you break down the fine print. Fitness franchises offer an array of concepts and a full range of initial investment requirements, from very little (under $10,000) all the way up to high-end options that will cost more than $5 million to launch. All financial products, shopping products and services are presented without warranty. Curves Investments $115,600 Franchise fee $39,900 Year Brand Started - 1992 Year Franchising Started - 1995 Offices - 9386 Franchise details: Curves Our opinions are our own. Even though its smaller than Pure Barre. As a potential franchisee, youll find our passion is reflected in how we continually innovate new offerings, systems and technology so that you can dominate your territory. 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. SPENGA is a combination fitness approach that combines spinning, strength, and yoga exercises into what it thinks is the best workout ever. It will cost anywhere from $153,980 to $529,899 to open a Snap Fitness, which varies depending on location and gym size. As with any new investment opportunity, there needs to be a solid ROI and net profit potential. Initial Investment: $969,600 to $4,242,500. Franchises make up a significant part of the fitness center market, with 10,400 clubs. Founded in 1992 and franchising since 2004, the last reported number of locations was 141 in 2019 (up from the previous total of 133), of which 14 were company-owned and 42 were located outside the US. 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. Theyll provide you with a personal support team, comprehensive training, and marketing support over the course of your franchise agreements six-year term (or 10, if youre in California). This website is not currently accepting inquiries from visitors in EU countries. World Gym International is listed in the Franchise Directory under the Fitness category. Now is the best time to invest since the housing crash of 2008 which created more millionaires than any other time in, FASTSIGNS is the leader and ranked #1 by number of units in North America, verified by third party sources such as Entrepreneur, Franchise Business Review and Franchise Research Institute as #1 in our category. Iron Tribe Fitness offers a distinctive blend of group fitness and one-on-one coaching to help people achieve a higher level of health and fitness. That said, Orangetheory is designed for people of all fitness levels, since participants can go entirely at their own pace. Orangetheory claims to be one of the fastest-growing franchises in the world, and theyre ranked 60th in Inc. Magazines Fastest Growing Private Companies List. Use this opportunity to ask qualitative questions that you wouldnt necessarily have answered through the FDD, or from the franchisors marketing materialslike how happy they are with the initial training and ongoing support they receive, and their opinions about the overall outlook of the business. CycleBar is 3x larger than our next competitor & is leading the thriving indoor-cycling industry. Send Me a Pro is a sound franchise choice because you can now offer multiple businesses under one name which allows you to diversify your investment and more earning potential. Our progressive franchise model includes key resources that you'll use to sculpt your franchise future. For example, clients with monthly memberships are more likely to attend the gym, as they have to justify the expense to themselves, and so may be better for long-term retention. 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. Virgin Active - $760m. As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. We eat, drink, and breathe the gym and we are servants to the success of our franchisees. Snap Fitness is a no-frills gym with 24/7 keycard access to its locations for a low-cost monthly membership fee that includes the MYZONE fitness belt for real-time tracking of heart rate and calories burned during workouts. Like Planet Fitness, Crunch Fitness prides themselves on creating an environment free of judgment (they actually trademarked the phrase No Judgments). With a Homewatch CareGivers senior care business, you can turn your passion for helping others into a promising business for you and your family. 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. Prices per class seem reasonable, but can add up quickly. Thanks to that near-legendary status in the fitness world, and their loyal customers. World Gym is 100% franchisee focused and continues to provide the best franchisee support in the fitness franchise industry. Receive a personalized report of exciting new franchise opportunities to your inbox each week. Freedom to Choose - Choose between a small-to-large World Gym Full-Service Club (10,000+ sq ft) or a World Gym Athletics Studio (2,500+ sq ft). There isnt a one-size-fits-all model to high quality home care, thats why we think creatively about how to optimize every experience. 2023 Franchise Gator. This information may be different than what you see when you visit a financial institution, service provider or specific products site. To buy a franchise with World Gym, you'll need to have at least liquid capital of $0. The chains signature workout offering that gets rave reviews is MYFIT, an 18-minute daily HIIT (high-intensity interval training) workout led by an on-screen instructor and based on foundational functional movements and planes of motion. AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, GU, HI, IA, ID, IL, IN, KS, KY, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY. The franchise also requires that candidates have at least $100,000 in combined liquid assets and a total net worth of at least $250,000. We eat, drink, and breathe the gym and we are servants to the success of our franchisees. 30 Minute Hit is a 30-minute boxing and kickboxing circuit workout studio that caters to women. Planet Fitness. Founded in 2010 and franchising since that same year, the number of locations has risen rapidly to the current total of 1,510 (up from the previous total of 1,385), of which 21 are company-owned and 212 are located outside the US. Welcome to World Gym & World Gym Athletics! Create your FREE account to access additional data on World Gym, and more! Number Of Franchises: 2,039 (1,900+ in the US) Regions Served: US (all 50 states and Puerto Rico), Canada, Australia, the Dominican Republic, Mexico, Panama. No spam, just good, helpful information for aspiring entrepreneurs. Healthcare is the growth industry of the 21st century! It's also listed in the section for Franchises Under $500,000 . A Home Helpers Home Care franchise is a low-cost, home-based, and recession-resilient business providing quality care for others while giving you the lifestyle youve always wanted. Each location offers an array of immersive, energetic indoor rowing classes that combine low-impact cardio, resistance training, stretching, and rhythm-based rowing. Fitness industry experience is not necessary. Comprehensive training and support provided. 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. Currently, Golds Gym franchise has available markets in almost every state across the country, and select international opportunities. You don't need to consent as a condition of any purchase. The cost to own a World Gym franchise includes a total investment of between $461,000 and $2,070,000. We don't share our mailing list. The concept is similar to the other low-cost workout chains that give 24/7 access to their locations for customers who may want to get sweaty at odd times of the day. Founded in 2012 and franchising since 2015, the number of locations has quickly vaulted to the current total of 319 (up from the previous total of 289), of which nine are company-owned and all are located in the US. What Does a Golds Gym Franchise Cost? 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. Some customers never returned to gyms, and others will more easily be persuaded to give them up as finances become tight. A thorough review of the Item 5 initial fees will give you the answers needed to make an informed investment decision this franchise. ComForCares reputation for home care is 100% best in class, according to ongoing ratings from clients, families and caregivers. This work includes thinking about how to present the memberships that provide the best long-term profit. 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. iLoveKickboxing.com is a fitness chain that prides itself on forming a supportive community with accountability for reaching fitness goals with adrenaline-flowing workouts anyone of any age or fitness level can do. MassageLuXe offers services to help clients relax, remove pain, and restore health. Can you Afford an World Gym Franchise. Its also important to be aware of the seasonal nature of gym businesses. Snap Fitness started franchising in 2004. A personal trainer shows up at your home with a van full of equipment to deliver just about any kind of fitness training a person could want, along with nutritional counseling and massage therapy. A grand opening party is slated for. Franchising Since: 1982. Yes, I have $50K available in my 401K/IRA and would like to learn how to use these funds to buy a business with the help of Guidant Financial Group. The average Fitness and Gym franchise began franchising in 2012. And with an incredibly low initial franchise fee and upfront investment, Jazzercise is one of the best low-cost franchises youll find, especially within the health and fitness industry. World Gym offers custom layouts to accommodate the perfect location for your new business. Get free information about all the new franchise and business opportunities hitting the market! Get In Shape for Women takes a unique approach to helping women lose weight and achieve a healthier lifestyle by limiting its workout groups to just four people, since their method depends on individual attention from a personal trainer but with the accountability that comes from a group model. Many find the workout to be a major stress reliever as well. Plus, the outlook for gym franchises is bright: According to a report by IBISWorld, the health and wellness boom over the past few years has led to a sizable increase in gym membership levels, which continues to grow. In other words, franchising takes most of the heavy lifting off your shoulders. There are three primary elements that make up the CycleBar experience: Great instructors called CycleStars, killer music playlists called CycleBeats that can be downloaded online, and CycleStats to track six key performance metrics in an intense environment that includes energy-enhancing video graphics and light shows. Founded in 1999 and franchising since 2005, the number of locations has climbed steadily to the current total of 181 (up from the previous total of 171), of which none are company-owned and three are located outside the US. We don't train dogs. Thanks to that near-legendary status in the fitness world, and their loyal customers, Jazzercise has over 8,900 franchises across the country. 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. This information may be different than what you see when you visit a financial institution, service provider or specific products site. It also provides personal training for private or group training. Unlike franchise registration states, the franchise filing states do not review a franchisor's FDD. Now is the best time to invest since the housing crash of 2008 which created more millionaires than any other time in History. Founded in 2007 and franchising since 2012, the number of locations has expanded rapidly to the current total of 750 (up from the previous total of 649), of which none are company-owned and 36 are located outside the US. And for the last 20 years, we've been ranked by Entrepreneur Magazine as a top franchise. Welcome to World Gym & World Gym Athletics! Equinox - $1.43 billion. *Please contact "World Gym" to confirm the accuracy of any information provided on this page. Do not sell or share my personal information. Year Business Began: 1976. 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. COVID-19 caused shut downs and economic losses that seriously damaged the industry, with revenues for franchised gyms falling by 28% as classes were cancelled and memberships could not be used. Learn more today! No matter what is happening in the world, when you lose your keys, you need a locksmith. How would you like to be your own boss in a dynamic industry with a starting investment of 40,590? Founded in 2009 and franchising since 2011, the number of locations had been steadily climbing to a high of 491 in 2018 but has dropped sharply to the current total of 355, only one of which is company-owned and 37 of which are located outside the US. Founded in 2008 and franchising since 2013, the number of locations grew rapidly to a peak of 240 in 2019 but has since dropped to the current total of 174 (down from the previous total of 198), of which four are company-owned and 39 are located outside the US. Crunch isnt quite as widespread as Planet Fitnesscurrently, they have 300+ open locations in 29 states and five countriesbut with plans to open an additional 1,000+ locations, theyre growing quickly. Founded in 2013 and franchising since 2014, the number of locations currently stands at just two (there were six back in 2016), both in Denver, Colorado. ComForCare is actively looking for entrepreneurs who want to thrive in a promising business that requires heart and soul. According to their website, Pure Barre is the oldest and most established barre studio out there. We offer support in the following areas: As a Franchisee, youll have the ability to connect with and learn from all other World Gym Franchisees through a variety of formats and forums, including: We are looking for franchise owners who are passionate about fitness and care for their local community. Plus, that smaller pool of franchisees means each one receives more personalized support from the company. The company website describes the approach simply as REAL PEOPLE use REAL HEAVY BAGS to get REAL RESULTS.. 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. This site uses cookies. World Gym is pursuing an aggressive expansion plan in North America and abroad, with several new gyms currently in development. We have experience in the senior care business and have fine-tuned every aspect our placement agency operation. Many seniors are capable of staying in their homes, they just need a little help sometimes. Committed to every franchisee's success, World Gym provides you access to its experienced management team to provide the upfront and ongoing operational support, guidance and troubleshooting you need to be a successful franchisee. Now you can be part of this international sensation. The economic setback may be particularly harsh for gyms and fitness franchises, thanks to the long-term effect of the pandemic on peoples habits. Serving groups of all ages, this opportunity provides a diversified mix of . is growing quickly: In 2018, The Bar Method saw a 118% growth rate. Our home-based, low-investment business model is far different than senior home care franchises. Gathering all available information about each potential franchise will help you land on the gym that not only works for you financially, but that also resonates with your lifestyle and values. 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. As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. Anytime Fitness also prides themselves on engendering a supportive environment for members and they prioritize employee wellness. Devan had dreams of pitching in Major League Baseball, but was cut from the minor leagues. Complete our Affordability Calculator to find out! ClubCorp - $1.11 billion. There are tons of gym franchises seeking new location owners, but this list represents nine of the most promising gym franchises on the market right nowbased mainly on name recognition, growth rate, and franchisor support system. The iconic World Gym brand was founded in 1976 by during the glory days of "Muscle Beach" in Santa Monica, CA when serious fitness collided with the world of Hollywood celebrities. The HugeUC Affiliate Program provides you with the opportunity to own your own business in the Telecom Industry, offering state-of-the-art cloud-based phone systems to small and large businesses. Gyms that provide this content can access a larger consumer base and possibly keep more of their customers during an economic downturn. We are driven to help entrepreneurial goals become a reality and we've expanded to over 220 locations worldwide. When evaluating offers, please review the financial institutions Terms and Conditions. Since 1996, Always Best Care has helped seniors & families with non-medical, in-home care and assisted living placement services. And in 2019, gym franchises specifically contributed $4 billion to the $34 billion gym, health, and fitness industry. World Gym is an iconic, globally-recognized brand in resurging health and wellness category. We eat, drink, and breathe the gym, and youll find our passion reflected in how we continually innovate and improve the World Gym Experience. CarePatrol, Minuteman Press is an essential B2B print & marketing franchise that has remained open through Covid-19. Combining Fitness with Childrens Entertainment makes for one of the most exciting and unique youth fitness franchise opportunities in the industry! And theyre clearly enjoying it, too. World Gym offers territory protections. The market for gyms and fitness clubs has seen impressive growth over the past twenty years. Anytimes claim to fame is how members get 24/7 access to any of its 4,000+ locations around the world. There is a fitness franchise available to fit nearly any budget. What makes us different? But that recovery may well have hit its limits. So why choose us over the other guys? To add more franchises, please uncheck selections in your request info basket. And it was recently sold to TPG Growth, the middle market and growth platform of alternative asset firm TPG. Learn more now! Estimated total initial investment: $1 million to $4.1 million. World Gym Houston is located at 7903 South Loop East, Houston, TX 77012. Yes, they have an initial training program of 30 hours. It was founded in 2001, began franchising in 2008, and currently has over 120 locations in 26 states. All financial products, shopping products and services are presented without warranty. Business rose in 2021 and 2022, thanks to well-developed anti-COVID measures, the addition of online classes, and a gradual return to normality, resulting in annualized growth of 4% from 2017 to 2022. World Gym Business Cost, Fees & Facts for 2023. Qualicare provides a variety of nurse-led home care services to help family members "care" rather than "provide care to their loved ones whileimproving their Quality of Life through our 360 Approach. Can access a larger consumer base and possibly keep more of their customers during an downturn... Now you can be part of the Top franchises to own a world Gym '' to the... But was cut from the ground up frozen treat chains capable of staying in their homes, living safely independently. Business with a franchise with world Gym business cost, fees & Facts for 2023 others will more be. Caregiving services to the success of our franchisees 10,400 clubs is listed in the comfort their! Company recently announced its breakthrough technology called a power world gym franchise Mobile Companion available within Blink. Quickly: in 2018, the Bar Method saw a 118 % growth.... Smarter using its unique piece of equipment called the fitwall, remove pain, and their loyal customers, has! 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All of the fitness center market, with 10,400 clubs # 1 Estate Sale franchise in the fitness world when... Consumer base and possibly keep more of their own homes franchise available to fit nearly any budget smaller of... Can be part of this international sensation anytimes claim to fame is how members 24/7. Industry of the 21st century fitness and one-on-one coaching to help entrepreneurial goals become a reality and are. Total investment of 40,590 customers a way to train smarter using its unique piece of equipment called the fitwall why... And independently, for as long as they can ) group workout experience a report! To high quality home care franchise business that requires heart and soul Directory! The work aspiring entrepreneurs inquiries from visitors in EU countries in 26 states platform of alternative asset TPG. Includes thinking about how to optimize every experience your phone number with anyone other than the businesses. 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