This site uses cookies. Life is too short not to love your work. Brand fund contributions (aka advertising fees) are 2% of monthly gross sales, though they may be increased to 3%. 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. Members have access to a wide variety of industry-leading fitness equipment, cutting-edge training programs, personal training and innovative nutrition, recovery and wellness amenitiesall at a reasonable price. Healthcare is the growth industry of the 21st century! 282/9A, Kotte Road, Nugegoda, Sri Lanka: Telephone +94114641258: SUBSCRIBE NOW We love working out, changing lives and empowering our members to live life fit and strong. Initial Investment: $937K to $4.6M. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we research and study will disclose financial performance data within Item 19 of their FDD. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Educate and guide Trailblazers to the right franchise opportunity and help them own their future. Franchising Since: 1982. Plus, that smaller pool of franchisees means each one receives more personalized support from the company. CycleBar is 3x larger than our next competitor & is leading the thriving indoor-cycling industry. Request more information today! Although gym franchises require that the owner has previous management experience, most dont require experience in the fitness industry. As a prospective franchisee, you will soon discover that World Gym is much more than just a gym franchise; its a way of life. This, too, is best evaluated with the help of an accountant or business lawyer, who can help you break down the fine print. In franchising, location is everything, and we've got you and your fitness community covered. There may be zero outlets in several states as each franchise plans their growth strategy differently. 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. However, this does not influence our evaluations. 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. Like Planet Fitness, Crunch Fitness prides themselves on creating an environment free of judgment (they actually trademarked the phrase No Judgments). Combining Fitness with Childrens Entertainment makes for one of the most exciting and unique youth fitness franchise opportunities in the industry! Recruiting and retaining skilled staff needs to be high on a franchisees concerns. The economic setback may be particularly harsh for gyms and fitness franchises, thanks to the long-term effect of the pandemic on peoples habits. Were always just a phone call, text, email or DM away. Review our cookies information for more details. Learn more now! Despite the challenges of 2020, World Gym continues to expand in 17 countries and 6 continents with 230+ locations. 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. So any aspiring entrepreneur with a passion for fitness may be eligible for gym franchise ownership, whether theyre a trained fitness pro or not. Initial term lengths last 10 years. We believe everyone should be able to make financial decisions with confidence. Konami Sports & Fitness - $609m. If youre thinking about becoming a 4Ever Young franchisee, theres never been a better time. This high-end equipment at a low-end membership price defines this chains growing competitive advantage. The retailer sits prominently in the $50 billion (and growing!) The goal is nothing short of total body transformation through dramatic weight loss combined with emotional overhaul and the chain has gotten results for enough people that the franchise is now in a solid rapid-growth phase. To add more franchises, please uncheck selections in your request info basket. Their popularity mostly comes down to their unique business model: All Anytime Fitness locations are open 24 hours a day, seven days a week, and members can access any of those 4,000+ locations no matter where they are in the world. Learn more about how to help others while earning a great living! So why choose us over the other guys? StretchLab is a unique concept that delivers highly-customized stretching routines to customers with the assistance of certified Flexologists who have been through 60-70 hours of theory and hands-on training. Row House set out to redefine rowing as a fitness activity anyone can do, and by all accounts they are succeeding. What Does a Golds Gym Franchise Cost? So how do we make money? Own a Business with a Mission That Matters and achieve your goal of business ownership today. The chains rapid growth shows there is definitely a demand for this unique concept of an in-home mobile fitness training service. Ever. HealthyYOU Vendingblends an, ComForCare is a top-ranked, leading home care franchise whose brand is synonymous with quality care, innovative care programs, and recognition for building a top caregiving culture. Crunchs fees are on the lower end of the scale: Royalty fees are 5% of monthly gross sales, and advertising fees are 2% of monthly gross sales. There is a fitness franchise available to fit nearly any budget. We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. Estimated total initial investment: $303,000 to $499,850. 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. And for the last 20 years, we've been ranked by Entrepreneur Magazine as a top franchise. Both within the fitness industry and American culture at large, Golds Gym has become legendary for their famous members (including Arnold Schwarzenegger) and their status as the mecca of bodybuilding. Since their founding by a Merchant Marine veteran in 1965, the Los Angeles-based gym has opened over 700 gyms in 29 states and 29 countries, and their international membership is 3 million devotees strong. These circumstances even created opportunities. The 1Heart franchise opportunity is the vehicle that can help drive the success of your senior care journey. Ultimately, the only way to know which gym franchise is right for you is to do your own due diligence. Can you Afford an World Gym Franchise. 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. 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. Flexibility to work at home, on the road, basically anywhere you have Internet access. Since 1999 we have helped thousands of operators position themselves in their respective markets as vending professionals in this exciting $43 Billion dollar industry. Some customers never returned to gyms, and others will more easily be persuaded to give them up as finances become tight. 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. Gold's Gym franchise is the world's largest fitness industry chain. Read more about this exciting opportunity now! Reminder: Your username and password are case-sensitive. Golds is a full-service gym with all kinds of training equipment, group fitness, personal training, locker room services, a kids club, and a pro shop with clothing, accessories, drinks, bars, supplements, nutritional products, and other items. All financial products, shopping products and services are presented without warranty. Youll be hard-pressed to find a franchise that has more carefully crafted every detail of the customer experience from start to finish, which is why customers become more than just loyal, they form a supportive lifestyle community of women empowering each to become their very best selves. Wow, glad you're interested in so many businesses! How to Find, Vet and FUND a Good Franchise (Webinar), Buying a Franchise on Your Own Can Be Overwhelming, Over 10% of franchised gym businesses shut in a single year, resulting in annualized growth of 4% from 2017 to 2022, pay $10-$50 more for a gym closer to home, How to Find, Vet & FUND a Good Franchise. Altitude Trampoline Park is the neighborhood go-to in any community for a unique indoor entertainment experience. They accounted for $6 billion in revenues in 2022, out of the industry total of $35 billion. Thanks to that near-legendary status in the fitness world, and their loyal customers. This work includes thinking about how to present the memberships that provide the best long-term profit. World Gym is an iconic, globally-recognized fitness brand in a booming industry. Customers learn all the basic kickboxing moves and enjoy kicking and punching the bags for a full-body workout under the guidance of trainers. 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. Quick Franchise Summary. ? 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. World Gym offers custom layouts to accommodate the perfect location for your new business. Diverse, top-of-the-line equipment helps keep clients' workout routines fresh and your gym full year after year. 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. Anytime Fitness also prides themselves on engendering a supportive environment for members and they prioritize employee wellness. Try out one of our Powerhouse Gym fitness centers before joining. Before that, Alfano was a senior vice president at Starbucks where he was accountable for more than $3.5 billion in revenue. The market for gyms and fitness clubs has seen impressive growth over the past twenty years. 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. We LOVE working out, and were constantly developing ways to make the gym experience more rewarding. Send Me a Pro is a technology franchise that doesn't require any physical location or office. With more than 150+ studios open across the globe, YogaSix is the largest franchised yoga brand worldwide. World Gym International offers gymnasium services, equipment for fitness and physical exercise, fitness and exercise facilities, exercise classes, fitness and nutrition seminars, personal training in nutrition, exercise and fitness, training in fitness, mixed martial arts, boxing and kickboxing. ClubCorp - $1.11 billion. Learn more now! This is called an earnings claim. Workouts are offered at fixed times led by trainers on a no-contract monthly membership fee that includes either unlimited or a set number of classes. World Gym pricing varies quite a bit from one part of the country to the next. Franchise Chatter is reader-supported. Now you can be part of this international sensation. 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. 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). 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. Unlock to learn more and talk with our advisors. Pre-qualified offers are not binding. 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 2004 and franchising since 2006, the number of locations currently stands at 76 (up from the previous total of 68), of which none are company-owned and 59 are located outside the US (mostly in Canada, where the company was started). Disclaimer: NerdWallet strives to keep its information accurate and up to date. Initial franchise fee: $30,000 to $50,000, Estimated total initial investment: $100,000 to $2 million. With slogans like Find Your Fierce and Fight Your Battles, theres a lot of empowerment going on that extends well beyond the gym. Es reconocido por ser la solucin ms prominente en deporte y por su trayectoria en entrena See more 8,801 people like this 8,983 people follow this 1,222 people checked in here https://goo.gl/maps/ihKBVq6GwMsatFGz5 +52 867 714 0853 Gym/Physical Fitness Center Photos See all Videos SPENGA is a combination fitness approach that combines spinning, strength, and yoga exercises into what it thinks is the best workout ever. You have reached the maximum of . When you invest in your own homecare business, youre investing in a better community. ), and that attitude trickles down into their culturethey genuinely want people to have fun while they work out. 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? With our low start up fees and minimal operating costs, there is no other sports franchise that can even come close. Founded in 2010 and franchising since 2016, the number of locations currently stands at 110 (up from the previous total of 102), of which three are company-owned and all are located in the US. Finding the best franchise means comparing several franchise brands to determine the best business for you. Receive a personalized report of exciting new franchise opportunities to your inbox each week. The chains 45-minute group classes are capped at 20 participants and use HIIT-style training with two highly-trained coaches in every session. That said, all of the gym franchises on this list (and those that arent on this list) allow curious investors to request more information for free. We eat, drink, and breathe the gym, and youll find our passion reflected in how we continually innovate and improve the World Gym Experience. 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. They offer certain financing options within Item 10 of their FDD. Powerhouse Gym is Family Owned and Operated Since 1974. Learn more now! With that in mind, Planet Fitness franchisees will need to pay for that international brand recognitionopening a Planet Fitness franchise may cost over $4 million. Providing a quality healthcare service and giving our members control over their health is paramount at all Power World gyms. Their popularity mostly comes down to their unique business model: All Anytime Fitness locations are open 24 hours a day, seven days a week, and members can access any of those 4,000+ locations no matter where they are in the world. The class is offered for free to members, although even non-members can buy a group fitness pass. Financially we're looking for a minimum net worth of $1 million with Liquidity of $400,000. Create your FREE account to access additional data on World Gym, and more! Please complete your current requests to continue. 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. However, this ultra-famous franchise is the most expensive on this list, with an estimated upfront investment potentially reaching over $5 million. 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