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. Take the Franchise.com app with you anywhere! Customers can choose one-on-one 25-minute or 50-minute stretch sessions, or participate in group stretches. 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. In addition to offering their signature classes, Pure Barre studios also generate revenue through teacher training and selling premium workout clothes. 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. This may cause a reduction in demand, despite the social benefits of gym attendance. Their workouts fuse fitness and entertainment in order to make serious exercise fun. 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. 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. Founded in 2007 and franchising since 2009, the number of locations climbed quickly for the first 8 years to a high of 797 in 2019 but has declined sharply to the current total of 602 (down from the previous total of 671), of which six are company-owned and 194 are located outside the US. Franchise owners manage a staff of trained caregivers that utilize our proprietary ACTI-VATE Program to help our clients live happier, more active lives. This work includes thinking about how to present the memberships that provide the best long-term profit. They offer certain financing options within Item 10 of their FDD. 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). Fill out the form today! Estimated total initial investment: $304,500 to $2.1 million. 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. The franchises on this list were ranked according to the number of units in the franchise system. Alfano was previously president and COO of early education franchise The Learning Experience, doubling that chains number of locations and hitting record revenue. Gold's Gym franchise is the world's largest fitness industry chain. We love working out, changing lives and empowering our members to live life fit and strong. Learn more about the Your CBD Store franchise today. Orangetheory Fitness continues to make waves in the fitness franchise industry with its one-hour HIIT workout that claims to keep your heart in afterburn mode to not only immediately burn 500-1,000 calories during the workout, but even more in the 36 hours afterwards. wellness industry and currently operates more than 680 locations. Our partners compensate us. For a limited time through the Mission for Service program, Home Instead is waiving its $59,000 franchise start-up fee for two qualifying military veterans. What Does a Golds Gym Franchise Cost? The average membership lasts just under five years, meaning that gyms have to be bringing in 20% of new members every year just to keep steady numbers. 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. And for the last 20 years, we've been ranked by Entrepreneur Magazine as a top franchise. 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. Franchisees can expect to make a total investment of at least $1,000,000. We seek entrepreneurial-minded individuals who want to positively and dramatically improve the lives of their clients, their staff and themselves. All Rights Reserved. At Nekter Juice Bar, we are experts in specialty juices, smoothies, and acai bowls. Workout Anytime 24/7 is growing fast, and CEO Steve Strickland says its because their model is working well for the chains franchisees, more than 70% of whom own multiple locations, which Strickland says is the best validation of all. 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. Many or all of the products featured here are from our partners who compensate us. World Gym boasts a bold history in the fitness industry. Yes. Brand fund contributions (aka advertising fees) are 2% of monthly gross sales, though they may be increased to 3%. 282/9A, Kotte Road, Nugegoda, Sri Lanka: Telephone +94114641258: SUBSCRIBE NOW Since then, World Gym has evolved into an internationally recognized brand that has captured the imagination of fitness enthusiasts around the globe. 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. ClaimTek is the most trusted Medical/Dental Billing business opportunity. Ultimately, the only way to know which gym franchise is right for you is to do your own due diligence. Franchise Chatter is reader-supported. 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. Learn more now! We train the people who love them. Since their start in 2002, Anytime Fitness has opened over 4,000 locations on all seven continents. With a Homewatch CareGivers senior care business, you can turn your passion for helping others into a promising business for you and your family. Many seniors are capable of staying in their homes, they just need a little help sometimes. Unlock this franchise to find out more. We do not SPAM you. 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. As society recovered, customers were keen to return, and some gyms saw waiting lists for popular classes and exercise slots again. The chain knows a lot about its more than 12 million members, and wants to leverage that data into giving them even more value. The industry started to recover. Estimated total initial investment: $303,000 to $499,850. 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. 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. It has now launched the next phase of its plan, which is all about data-driven strategic partnerships. Dedicated. World Gym is an iconic, globally-recognized fitness brand in a booming industry. 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. Now is the best time to invest since the housing crash of 2008 which created more millionaires than any other time in History. Initial franchise terms are 10 years. We only allow businesses per information request. Thanks to that near-legendary status in the fitness world, and their loyal customers, Jazzercise has over 8,900 franchises across the country. 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 an award winning brand, with a strong national presence, the CycleBar franchise opportunity is marked by a recurring revenue model & a semi-absentee executive model with multi-unit opportunities available throughout the nation. However, this does not influence our evaluations. ClubCorp - $1.11 billion. According to their website, Pure Barre is the oldest and most established barre studio out there. Anytimes claim to fame is how members get 24/7 access to any of its 4,000+ locations around the world. Were always just a phone call, text, email or DM away. Review our cookies information for more details. A franchise must also provide details of a range of fees if their initial fees are not uniform within the franchise. The franchise has since modernized their routines and worked Pilates, yoga, hip hop, kickboxing, and strength training into their classes, which they claim can burn up to 800 calories in one hour. Franchisee Support is delivered by a team who deeply cares and is committed to each franchisees success. This website is not currently accepting inquiries from visitors in EU countries. Another factor to owner's salary potential is based on the number of locations you purchase. The retailer sits prominently in the $50 billion (and growing!) Overview. But you dont have to fight to get a good workout in because each location also has standard fitness equipment like treadmills, elliptical trainers, and bikes. TITLE Boxing Club gets people working out like theyre getting ready for a prize fight. Our home-based, low-investment business model is far different than senior home care franchises. Yes, World Gym offers comprehensive support for franchisees. Learn, Are you tired of the 9-to-5 grind? Gyms that provide this content can access a larger consumer base and possibly keep more of their customers during an economic downturn. Dedicated Area for World Gym Athletics Team Training, Business, Operational & Technology Support, Branding, Marketing/Social Media & Sales Support, Annual World Gym International Convention. New franchise owners can also expect to participate in a comprehensive training program, as the franchise requires their franchisees to be certified barre instructors. Founded in 2015 and franchising since 2017, the number of locations has quickly shot up to 208 (up from the previous total of 122), of which none are company-owned and five are located outside the US. Wed recommend meeting with your bank or accountant to help you determine which franchise is financially doable for you right now. For now, there is still huge demand for gyms and fitness centers. Theyve become a significant part of modern American culture, not just a place to get fit but a hub for social relations and a sign of status. We are currently accepting inquiries in these states: Download the Franchise Opportunities IOS App, Download the Franchise Opportunities Android App, Printing, Copying, Shipping, Signs Franchises, Purchase A Franchise Using Your Retirement Plan. Build your franchising future on a strong foundation of expertly curated equipment, certified trainers, and in-depth support today. Sessions also make use of both static and dynamic stretching. Your email address will not be published. Home exercise options such as Peloton, online workouts, or simply going for a run have become more popular. Altitude Trampoline Park is the neighborhood go-to in any community for a unique indoor entertainment experience. Parents are raving about the health benefits and social interaction our fitness center program provides, because it allows their children a break from the negative effects of todays technology. 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. As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. Can you Afford an World Gym Franchise. ), and that attitude trickles down into their culturethey genuinely want people to have fun while they work out. 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. In addition to offering their signature classes, Pure Barre studios also generate revenue through teacher training and selling premium workout clothes. Workouts can be modeled on a wide range of fighting styles, including Brazilian Jiu-Jitsu, Muay Thai, Judo, boxing, kickboxing, and other mixed disciplines. Are you sure you wish to REMOVE from your request basket? All financial products, shopping products and services are presented without warranty. Snap Fitness started franchising in 2004. Some franchisors may provide limited information such as average gross revenues. With powerful benefits and support from all sides, you and your members can achieve the happy and healthy lifestyles you're after. Planet Fitness and World Gym are two of the most recognized gym franchises in America. World Gym. World Gym International is listed in the Franchise Directory under the Fitness category. Experienced. Still, some churn is inevitable. 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. 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. Franchise Description: The franchisor is World Gym International, LLC.The franchised gym will be authorized to offer and provide (a) fitness training and related fitness instruction, wellness and recovery services, on-demand fitness platforms, and any other fitness-related . Initial term lengths last 10 years. Now, youd be hard-pressed to find a gym franchise that doesnt offer some form of barre class, but owning a. takes you straight to the source. You can purchase a franchise or traditional business with a tax qualified retirement plan such as an IRA, 401(k), 403(b), 457(b), SEPs and others. When you invest in your own homecare business, youre investing in a better community. This contact may be made using automated or pre-recorded/artificial voice technology. Another important consideration to review is whether the initial fees are refundable or not. Currently, Golds Gym franchise has available markets in almost every state across the country, and select international opportunities. 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). 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. One outspoken fitness and anti-obesity advocate, former First Lady Michelle Obama, swears by it. 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. More than 80% have less than 10 locations. Corporate Office: 6656 Foothill Blvd, Tujunga, CA. They also take a fun, irreverent, quirky, and motivating approach to marketing (ever see. Founded in 2011 and franchising since 2015, the number of locations currently stands at 107 (up from the previous total of 87), of which 96 are company-owned and 11 are located outside the US. It also makes use of Facebook Live, Instagram, and YouTube to stay in touch with customers and let them know about special promotions and fitness challenges. 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. See how fitness, entertainment, and interactive technology create a powerhouse of an opportunity. The franchise system is required to disclose what conditions any of the initial fees are refundable. Let's compare Planet Fitness vs World Gym to find out which one will provide the environment and atmosphere to suit your budget and training style. The House class breaks up the rowing with intervals of floor-based exercises; the Body class sculpts and tones with dumbbell exercises between rowing intervals; Full Row is intense endurance-based interval rowing; the Power class pushes aerobic limits with HIIT training; Restore improves mobility with dynamic stretching between rowing intervals; and Stroke focuses on proper rowing technique. 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. Welcome to World Gym & World Gym Athletics! 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. The chains rapid growth shows there is definitely a demand for this unique concept of an in-home mobile fitness training service. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. The franchise requires that candidates have access to over $90,000 in liquid capital, and a minimum net worth of $300,000. This includes 19 hours of classroom training, 11 hours of on-the-job training, and 0 hours of online training. Need help? No specific service background is necessary as you will have a team of service professionals in your team that will complete the work. World Gym Houston is located at 7903 South Loop East, Houston, TX 77012. As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. World Gym is an iconic, globally-recognized fitness brand in a booming industry. Gym Services Become a Powerhouse Royalty Fee: 5.0%. Currently, the. 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. 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. The chain also touts its effectiveness for weight loss, helping its customers literally kick obesity to the curb. Franchise Grade is dedicated to providing advisory services that can help you make confident franchise investment decisions. 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. 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. There is a fitness franchise available to fit nearly any budget. Businesses with an explicit environmental focus are in high demand. A thorough review of the Item 5 initial fees will give you the answers needed to make an informed investment decision this franchise. Here is a list of our partners. Learn more today! Catering to different demographics can be a powerful way to stand out. The economic setback may be particularly harsh for gyms and fitness franchises, thanks to the long-term effect of the pandemic on peoples habits. Franchise Feedback: Craig Hermans, Burleson, TX. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming and Canada. Data and message rates may apply. Trailblazer Franchising helps aspiring entrepreneurs find and engage with profitable franchise businesses. General admission to just one club can start as low as $20 per month and go as high as $59.95 in some locations. Wow, glad you're interested in so many businesses! Be a part of the next great franchise concept from the founders of The Joint Chiropractic with an iFlex Stretch Studio franchise! He has covered financial topics as an editor for more than a decade. CKO Kickboxing is another of the fight-based fitness franchises in which customers get a full-body workout by punching and kicking heavy bags. Over 10% of franchised gym businesses shut in a single year as revenues fell by an estimated 13.2%. Ideal franchise candidates are business professionals and gym. Start a Medical & Dental Billing and Practice Management Business Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! Plus, that smaller pool of franchisees means each one receives more personalized support from the company. 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. And the name of the company explains the concept: The F stands for functional (the types of exercises) and the 45 is how long each and every class lasts in minutes. Our E-Commerce Future Partner Program is your ticket in! LA Fitness - $2.09 billion. 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. Most importantly, when you join World Gym, youre becoming part of a much larger family. As an Orangetheory franchisee, youll be responsible for a monthly royalty fee of 8% of gross sales. Required fields are marked *, Previous post: 55 Substantial Fees Every Moe's Southwest Grill Franchisee Needs to Know About, Next post: FDD Talk 2017: What You Need to Know About the Moe's Southwest Grill Franchise Opportunity (Financial Performance Analysis, Costs and Fees), Is Franchising a Path for You? Gyms and fitness franchises are dependent upon disposable income to support them, and so are likely to see a fall in their revenues. With over 250 locations open, CycleBar is the largest indoor cycling brand & offers a variety of inspiring low-impact workouts, which are inclusive of all fitness levels. 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. 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. 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. We've got every workout for every body - including yours! We're a premier carpet cleaning business highlighting competitive edges, Ready to join the future of online shopping? In franchising, location is everything, and we've got you and your fitness community covered. 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. Initial franchise fee: $1,250 Estimated total initial investment: $2,405 to $3,200 Gym franchises don't get much more classic than Jazzercise, the high-intensity, dance-cardio. Currently, the Planet Fitness franchise has 1,800+ open locations across all 50 states, along with Canada, Latin America, and Australia. We are dedicated to keeping the business model simple and the cost of entry low. Owning a. means owning a portion of the fastest growing sport in the worlda truly future-proofed business proposition. Select locations also offer skilled Home Health Care. ? Estimated Number of Units: 230. Learn more now, Own a National Lending & Financial Services Business. Looking at the website, its clear that the chains target market is middle-aged and older. And in 2019, gym franchises specifically contributed $4 billion to the $34 billion gym, health, and fitness industry. Robert Beaupre leads the SMB team at NerdWallet. As of the 2020 Franchise Disclosure Document, there are 51 franchised World Gym locations in the United States. As a franchisee, you'll receive customizable national marketing content and corporate assistance with local advertising.