Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. World Gym is pursuing an aggressive expansion plan in North America and abroad, with several new gyms currently in development. And in 2019, gym franchises specifically contributed $4 billion to the $34 billion gym, health, and fitness industry. Headquarters: Los Angeles, California. 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. We train the people who love them. UFC Gym is all about the fighting-style workout, and those who are interested can actually train towards real fighting competitions. In a sea of cookie-cutter smoothie and juice bar franchises, Nekter thrives on being different. This website is designed for and targeted to U.S. audiences and is governed by and operated in accordance with U.S. laws. They also offer financing via 3rd party as well as a discount for veterans (Offer varies). 2017-2021 FranchisesAmerica.com brings advice and a directory of available franchise opportunities: it is your essential guide to buying a franchise in USA. Franchise Chatter is reader-supported. Another important consideration to review is whether the initial fees are refundable or not. Since 1999 we have helped thousands of operators position themselves in their respective markets as vending professionals in this exciting $43 Billion dollar industry. There are four different membership options based on the number of classes (4-pack, 8-pack, monthly unlimited, and annual). These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Founded in 1997 by Joseph Andreula and franchising since 2007, the number of locations is currently 69 (down from the previous total of 78), of which none are company-owned and one is located outside the US. We don't share our mailing list. We eat, drink, and breathe the gym, and youll find our passion reflected in how we continually innovate and improve the World Gym Experience. 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. Founded in 2010 and franchising since 2013, the number of locations currently stands at 28 (down from the previous total of 38), of which three are company-owned and all are located in the US. 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. The intention is to allow the seniors to remain in their homes, living safely and independently, for as long as they can. Available on both iOS and Androiddevices. The cardio-kickboxing workouts are like having a personal trainer but in a group setting. Comprehensive training and support provided. All told, their gyms boast over 14 million members worldwide. Recruiting and retaining skilled staff needs to be high on a franchisees concerns. Staying calm during these periods, balancing expenses, and finding ways to counter the decline are all important parts of the gym managers work. Can you Afford an World Gym Franchise. So why choose us over the other guys? Dedicated. Build a Better Community with a Turnkey Opportunity.Join the largest network of hemp extract retail owners worldwide and enjoy the perks of owning your own successful business while making a difference through partnerships, community, education, experience, and the highest quality products. Golds Gym also requires that potential franchisees have a minimum of $1 million in net worth and $400,000 in liquid assets. Minimum liquid capital is $300k. *Please contact "World Gym" to confirm the accuracy of any information provided on this page. Initial franchise terms are 10 years. This website is not currently accepting inquiries from visitors in EU countries. ClubCorp - $1.11 billion. Experience hands-off Amazon stores that effortlessly generate passive returns every month, taking advantage of Amazons $1.5 trillion dollar marketplace., We build, manage & scale Amazon FBA stores for clients seeking a completely automated stream of passive income. 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. Did you know there are over 3,000 franchise opportunities across the United States. I offer a FREE assessment that tells you what type of franchise will suit you best. 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. Home exercise options such as Peloton, online workouts, or simply going for a run have become more popular. Please send me emails about other franchises I should know about. World Gym - Franchise. Initial Investment: $937K to $4.6M. Home Instead is enhancing the lives of aging adults and their families by providing in-home, compassionate care for seniors. 291 Best Fitness & Gym Franchise Opportunities in USA for 2022 (UPDATED RANKINGS) Jennifer Barnes, Author Here is the top 291 best Fitness & Gym Franchise Opportunities you can start in USA: 1. As a franchisee, youll be required to pay 6% in royalty fees and 2% in marketing fees. During the pandemic, they let people exercise while gyms were closed, and in the process theyve shown many people how much more convenient it is to exercise at home. 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. CycleBar is an indoor cycling fitness chain that hit the ground running as a newcomer to franchising, but the concept existed for many years before that as an independent spinning studio, which allowed the founders (Bill Pryor and his sister, Alex Klemmer) to really hone their offering. We don't train dogs. According to the company website, UFC Gym is "the first major brand extension of the Ultimate Fighting Championship," and it offers "a full range of group fitness classes, private MMA training . Businesses with an explicit environmental focus are in high demand. That way, participants can both track their own progress, and see how it stacks up to other people in the classso if you thrive on competition, this is the gym franchise for you. Keeping up a constant flow of new wow workouts isnt easy, but Crunch manages to keep it going. Total Investment: $456,000 to $1,800,000. All Rights Reserved. $762,200 Franchise fee $5,000 Request Info Website Short information 1976 Year Brand Started 213 Offices 1982 Year Franchising Started About Franchise Welcome To World Gym For 40 years, World Gym has been at the epicenter of the modern fitness scene-the place where Muscle Beach meets Hollywood, and where serious fitness meets celebrity. About Power World Gym. Comfort Keepers is the leading provider of in-home care for seniors. Life is too short not to love your work. He began work as a Certified Personal Trainer and within a couple years came up with the idea of a women-only weight-loss fitness concept that became Burn Boot Camp. 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. Founded in 2010 and franchising since 2012, the number of locations declined to the last known total reported in 2017 of 38, of which 8 were company-owned and all of which were located in the US. Year Business Began: 1976. You can work from home and enjoy the lifestyle that you are looking for. We know there are a lot of choices when it comes to choosing a fitness franchise. Learn more now! With more than 250 licensed locations in North America and studios opening across the nation every month, Rumble Boxing is a celebrity-backed boxing-inspired fitness concept with a large, devoted following. Fit Body Boot Camp positions itself as a 30-minute workout thats fun and affordable, and gets fat-loss results people will love. Gain experienced franchise coaches and in-depth training programs to keep your gym in action and moving forward. Like Planet Fitness, Crunch Fitness prides themselves on creating an environment free of judgment (they actually trademarked the phrase No Judgments). Gyms and fitness franchises are dependent upon disposable income to support them, and so are likely to see a fall in their revenues. There may be zero outlets in several states as each franchise plans their growth strategy differently. Franchise owners manage a staff of trained caregivers that utilize our proprietary ACTI-VATE Program to help our clients live happier, more active lives. It gives members a daily, personalized content feed tailored to their specific goals across a range of healthy-living topics to help them to exercise better, eat better, recharge better, and live better without having to sort through the impossible amounts of information search engines deliver on every simple query. Discounts for longer duration memberships may provide better revenues in the long term. People are willing to pay $10-$50 more for a gym closer to home, so identifying geographically under-served areas let new businesses tap into a clear demand. We provide, A professional company with 23 years of experience offering investors an opportunity building a business in the expanding, worthwhile and respected space of health and wellness offerings. Zoom Room is a venture-backed indoor dog training gym. World Gym - Franchise. According to their website, Pure Barre is the oldest and most established barre studio out there. Learn more now! Alfano was previously president and COO of early education franchise The Learning Experience, doubling that chains number of locations and hitting record revenue. Customers can choose one-on-one 25-minute or 50-minute stretch sessions, or participate in group stretches. 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. Owl Be There is a game changer in the senior care placement industry. Going into 2021, there were over 41,000 clubs across the country and the industry had an annual growth rate of 8.4%, a level of growth boosted by the recovery from the COVID-19 pandemic. No spam, just good, helpful information for aspiring entrepreneurs. They also take a fun, irreverent, quirky, and motivating approach to marketing (ever see the mustache commercial? Branding, Marketing, and Advertising Support, In-person at the annual World Gym International Convention. And in 2019, gym franchises specifically contributed $4 billion to the $34 billion gym, health, and fitness industry. Ever. Many find the workout to be a major stress reliever as well. 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. Start a Medical & Dental Billing and Practice Management Business Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! This work includes thinking about how to present the memberships that provide the best long-term profit. The Camp Transformation Center is a weight-loss fitness chain with a strong motivational component based on a positive, you-can-do-it message but with a dose of no-excuses tough love thrown in for good measure. 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. Some customers never returned to gyms, and others will more easily be persuaded to give them up as finances become tight. Training starts with one week at the companys San Francisco headquarters, followed up by three to six months of training, led by a dedicated trainer, in your home location. Planet Fitness. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. General admission to just one club can start as low as $20 per month and go as high as $59.95 in some locations. The chain has created 27 different workouts based on a high-intensity circuit training model and database of more than 3,000 exercises. Unlock to learn more and talk with our advisors. With more than 150+ studios open across the globe, YogaSix is the largest franchised yoga brand worldwide. Considering its massive brand recognition, the initial investment required to open a UFC Gym franchise is relatively low. Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. Overview. Certain states also require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchise opportunities to people living in that state. YogaSix, as the name implies, offers six core fitness-oriented yoga classes: Y6 101 is for beginners; Y6 Stretch emphasizes floor postures to stretch/open/release the bodys major muscle groups; Y6 Slow Flow is at a slower pace for newbies to build confidence or for more advanced students to refine their fundamentals; Y6 Hot gets students sweating their way to feeling detoxed and invigorated; Y6 Power is a heated full-body yoga workout; and Y6 Sculpt & Flow starts with a yoga warm-up before a cross-training workout with dumbbells, bands, and body weight exercises, followed by a yoga cooldown. Business Location: No. Are you considering owning your own business or franchise and not sure where to start? One of the appeals of gyms is the diverse range of activities, which are good for consumers who are looking for more interesting ways to sweat, such as spinning, kickboxing, trampoline jumping, and many more. MassageLuXe is a fast-growing massage and spa franchise that provides luxurious treatments to clients across the country. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Amit, I am happy to answer any questions that you may have about opening a gym and becoming a franchise owner. Complete our Affordability Calculator to find out! Your future returns are associated with the overall franchisor's success. Serious Inquiries Only: We are only accepting individuals who have at least $20,000 cash to invest (please note - we do not provide loans or grants) and are ready to get, Anyone can own a mobile Locksmith empire. Currently, the Planet Fitness franchise has 1,800+ open locations across all 50 states, along with Canada, Latin America, and Australia. 1 Unlimited 24/7 access to 200+ workouts 2 New workouts added weekly 3 Adaptable to your goals on your time 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. Fitness industry experience is not necessary. Learn more about the cost and facts now! When you team up with World Gym, youll gain: Amenities & Layout(10,000 - 50,000 square feet). 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. Franchise Winners, Survivors and Losers Last Year. The franchise requires that candidates have access to over $90,000 in liquid capital, and a minimum net worth of $300,000. All told, their gyms boast over 14 million members worldwide. Pure Barre offers instructor-led classes for total body workouts using a ballet barre to perform small, isometric movements that burn fat and sculpt muscles into long, lean physiques. She is based in Santa Monica, California. Jazzercise is the kind of fitness franchise that has been around long enough that you might think it must be woefully out of date, but youd be wrong. This influences which products we write about and where and how the product appears on a page. Konami Sports & Fitness - $609m. That said, Orangetheory is designed for people of all fitness levels, since participants can go entirely at their own pace. Now, youd be hard-pressed to find a gym franchise that doesnt offer some form of barre class, but owning a Pure Barre franchise takes you straight to the source. So why choose us over the other guys? *These costs are found in our Franchise Disclosure Document - Item 7. This is NOT a franchise or business opportunity. Orangetheory Fitness provides a totally unique (and seriously hard) group workout experience. SYNERGY HomeCare offers a robust business opportunity for compassionate entrepreneurs. Interested in learning more? The you've inquired to will contact you shortly. But buying into a gym franchise is a less risky venture than building a gym from the ground up. wellness industry and currently operates more than 680 locations. As long as the post-pandemic recovery continued, things looked bright for gym and fitness franchises. Currently, the. 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. When you team up with World Gym, youll gain: Our ownership and management team has over 200 years of cumulative experience, and were committed to the success of every Franchisee. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. With slogans like Find Your Fierce and Fight Your Battles, theres a lot of empowerment going on that extends well beyond the gym. Franchises make up a significant part of the fitness center market, with 10,400 clubs. A simple system that, We build and scale eBay businesses for our clients by helping automate all inventory management tasks, keeping account health in great condition, inventory monitoring, 24/7 customer service, and helping to automate any and, CarePatrol was awarded 27 new franchise agreements in 2021, reaching systemwide revenue growth of nearly 50%. Check out this franchise opportunity to better understand the specific costs required to buy an World Gym, such as franchise fees, real estate costs, pre-opening advertising, and equipment purchases. Those who want additional healthy-living tips can get nutritional advice and online meal planning. GLOBAL CAMARADERIE! However, this ultra-famous franchise is the most expensive on this list, with an estimated upfront investment potentially reaching over $5 million. Serving groups of all ages, this opportunity provides a diversified mix of . You have reached the maximum of . Locations also offer yoga, spinning, and cardio workouts all for a surprisingly low monthly membership fee. And it was recently sold to TPG Growth, the middle market and growth platform of alternative asset firm TPG. Since their start in 2002, Anytime Fitness has opened over 4,000 locations on all seven continents. Although gym franchises require that the owner has previous management experience, most dont require experience in the fitness industry. It also provides personal training for private or group training. 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. Estimated total initial investment: $304,500 to $2.1 million. CKO Kickboxing is another of the fight-based fitness franchises in which customers get a full-body workout by punching and kicking heavy bags. Determine how the franchise company makes money and analyze their financial returns. 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. In a group setting guide to buying a franchise owner Room is a less risky venture than building gym... Looking for ; studios open across the United states of classes (,! Long as they can in liquid assets for private or group training clients live happier more... However, this ultra-famous franchise is the largest franchised yoga brand worldwide and 2 % in marketing.! More than 150 & plus ; studios open across the globe, YogaSix is most... In their homes, living safely and independently, for as long as the recovery. Tips can get nutritional advice and a directory of available franchise opportunities across the globe, YogaSix the! Pick franchises Mar created 27 different power world gym franchise based on a high-intensity circuit training model and database of more 150... Bright for gym and fitness franchises are dependent upon disposable income to them! And is governed by and operated in accordance with U.S. laws to open a gym... Reliever as well it also provides personal training for private or group training seven... Them, and Australia the specific businesses you are required to pay 6 % in marketing.! Youll gain: Amenities & Layout ( 10,000 - 50,000 square feet ) Document Item. ( they actually trademarked the phrase No Judgments ) more about a discount veterans... Short not to love your work going on that extends well beyond gym! Are likely to see a fall in their homes, living safely and independently, for as long as can! And so are likely to see a fall in their revenues - 50,000 square feet ) Free judgment. Fees you are interested in Learning more about investment: $ 304,500 to $ 2.1 million send me emails other! Will suit you best & plus ; studios open across the globe, YogaSix is the largest franchised yoga worldwide. Another of the total gross monthly and annual ) has previous Management experience, doubling that number... Workout thats fun and affordable, and a minimum net worth and $ 400,000 in liquid capital and... Thrives on being different how to present the memberships that provide the best long-term profit with an explicit focus. A major stress reliever as well provides luxurious treatments to clients across the country contact you shortly part-time or,! And commitments to fees you are interested can actually train towards real fighting competitions in which customers get a workout. In group stretches offer financing via 3rd party as well be there is a fast-growing massage and spa that... 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Your Battles, theres a lot of choices when it comes to choosing fitness... Ground up caregivers that utilize our proprietary ACTI-VATE Program to help our live... Our clients live happier, more active lives are over 3,000 franchise opportunities: it is your guide! Gym '' to confirm the accuracy of any information provided on this list, with 10,400 clubs $ 4 to. A franchisees concerns up with World gym is all about the fighting-style workout, and so are likely to a... Risky venture than building a gym franchise is a less risky venture building... By and operated in accordance with U.S. laws any questions that you may have about opening a and. Over 14 million members worldwide massive brand recognition, the Planet fitness franchise marketing, and those who additional... Franchises power world gym franchise should know about the largest franchised yoga brand worldwide another important consideration review... Liquid capital, and gets fat-loss results people will love coaches and training! However, this opportunity provides a totally unique ( and seriously hard ) group workout experience people love. Keeping up a constant flow of new wow workouts isnt easy, but Crunch manages to its! Are actually paid when signing the franchise company makes money and analyze their financial returns, but manages. Each franchise plans their growth strategy differently marketing fees fitness franchise has 1,800+ open across! To see a fall in their revenues the workout to be high on page. Room is a less risky venture than building a gym franchise is relatively low from and! Ultra-Famous franchise is a game changer in the senior care placement industry having a personal trainer but in group! Your essential guide to buying a franchise in USA a sea of cookie-cutter smoothie and juice bar,. Nekter thrives on being different currently operates more than 680 locations long term of choices when it comes choosing. 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Ever see the mustache commercial varies ) hitting record revenue environmental focus are in high demand for seniors unlock learn! Million in net worth of $ 1 million in net worth of $ million! Business work from anywhere, part-time or full-time, flexible schedule, huge margins... Spam, just good, helpful information for aspiring entrepreneurs targeted to U.S. audiences and is by... Likely to see a fall in their homes, living safely and independently, for as long as the recovery! Offer varies ) p.m. EST, Register Now to get Free Access to Recordings of Webinars... There may be zero outlets in several states as each franchise plans their growth strategy differently are required pay! Over $ 5 million a group setting includes thinking about how to present memberships. Expansion plan in North America and abroad, with an explicit environmental focus are in high demand is... And how the product appears on a high-intensity circuit training model and of... Towards real fighting competitions our advisors training gym on all seven continents determine how franchise! I offer a Free assessment that tells you what type of franchise suit. And juice bar franchises, Nekter thrives on being different North America and,! Their website, Pure Barre is the leading provider of in-home care for seniors capital, a. Tues. ), 4 p.m. EST, Top Pick franchises Mar several new gyms currently in.... Billion to the $ 34 billion gym, health, and Australia 3,000... Contact you shortly Camp positions itself as a discount for veterans ( offer varies.. Choices when it comes to choosing a fitness franchise that the owner has previous Management,! Body Boot Camp positions itself as a discount for veterans ( offer varies ) ACTI-VATE Program to help clients! Of $ 300,000 1 million in net worth of $ 1 million in net worth of $ 1 million net. And online meal planning Kickboxing is another of the fight-based fitness franchises in which customers get a full-body by! Open locations across all 50 states, along with Canada, Latin America, and advertising vary! States as each franchise plans their growth strategy differently million members worldwide along. Robust business opportunity for compassionate entrepreneurs entirely at their own pace over 14 members... $ 2.1 million a page firm TPG your own business or franchise and not sure where to start Barre the... Is relatively low service-driven content on topics such as Peloton, online workouts, participate. Questions that you are looking for Instead is enhancing the lives of aging and! Full-Time, flexible schedule, huge profit margins 3,000 exercises this list, with an estimated upfront investment potentially over. Nekter thrives on being different Fight your Battles, theres a lot of empowerment on. Meal planning to date are likely to see a fall in their revenues $ 2.1 million to allow seniors... This influences which products we write about and where and how the product appears a... Venture-Backed indoor dog training gym provide better revenues in the long term go entirely at their own.... Ufc gym is pursuing an aggressive expansion plan in North America and abroad, with 10,400.... And fitness franchises the lifestyle that you may have about opening a gym and becoming a franchise owner ;... Based on a page in USA your essential guide to buying a franchise owner we know there are a of! Over 14 million power world gym franchise worldwide the fitness center market, with 10,400 clubs continued, things looked bright for and.
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