In other words, franchising takes most of the heavy lifting off your shoulders. The demand for massage franchise services is growing rapidly as more people seek out the health benefits of this time-honored practice. World Gym Business Cost, Fees & Facts for 2023. He has covered financial topics as an editor for more than a decade. If you buy multiple units (typically referred to as Area Development Agreements), you can anticipate that as you open the next unit, you will earn a multiple on your profits. Trailblazer Franchising helps aspiring entrepreneurs find and engage with profitable franchise businesses. Looking for a business opportunity that generates a healthy return on investment, while allowing you to give back to others in your community? Amenities vary, based on size and may include: Our ownership and management team has over 200 years of cumulative experience, and were committed to the success of every Franchisee. 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. Dedicated Area for World Gym Athletics Team Training, Business, Operational & Technology Support, Branding, Marketing/Social Media & Sales Support, Annual World Gym International Convention. Those customers are also incredibly loyal, sticking with the program an average of 7 years, which is a franchisees dream. Healthcare is the growth industry of the 21st century! 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. The chains 45-minute group classes are capped at 20 participants and use HIIT-style training with two highly-trained coaches in every session. An offshoot of the (purportedly) $7 billion UFC brand, UFC Gyms offer MMA-inspired personal and specialized training, traditional and fusion martial arts classes, and youth fitness classes. New workouts requiring lots of costly equipment are unlikely to be big hits over the next year. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. 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. You have reached the maximum of . Are you considering owning your own business or franchise and not sure where to start? 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. Even though its smaller than Pure Barre. If you are a prospective franchisee searching for franchise opportunities that meet or exceed certain performance benchmarks for sales, profits, and return on investment, please check out this list of Americas Most Lucrative Franchises. Gold's Gym franchise is the world's largest fitness industry chain. Once an outlet is up and running, its important to pay attention to which exercises are proving popular, and to adjust your offering accordingly, as this will reflect the specific needs of your local market. Maybe youve looked into franchise. 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. Amit, I am happy to answer any questions that you may have about opening a gym and becoming a franchise owner. They began franchising in 1985. Elements include weight training, cardio, and nutrition counseling. 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. 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. The Rumble Boxing Franchise opportunity is marked by a recurring revenue model, extensive support, strong brand recognition & a semi-absentee executive model. CarePatrol was awarded 27 new franchise agreements in 2021, reaching systemwide revenue growth of nearly 50%. 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. Alfano was previously president and COO of early education franchise The Learning Experience, doubling that chains number of locations and hitting record revenue. has opened over 4,000 locations on all seven continents. Initial franchise terms are 10 years. Each group attends one-hour training sessions three times per week. 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. Focus Franchise Ventures provides free franchise consulting services to assist you in making the best decision in buying a franchise, business or business opportunity. Initial franchise fee: $54,950 to $59,950, Estimated total initial investment: $563,529 to $999,121. Our trainers have advanced, science-based certifications to maximize your members' exercise routines safely and effectively. Anytime Fitness also prides themselves on engendering a supportive environment for members and they prioritize employee wellness. Learn more today! World Gym is an iconic, globally-recognized fitness brand in a booming industry. 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. 30 Minute Hit is a 30-minute boxing and kickboxing circuit workout studio that caters to women. This may cause a reduction in demand, despite the social benefits of gym attendance. We're a premier carpet cleaning business highlighting competitive edges, Ready to join the future of online shopping? 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. Year Business Began: 1976. Learn more now! Over 10% of franchised gym businesses shut in a single year as revenues fell by an estimated 13.2%. 24 Hour Fitness - $1.51 billion. 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. We only allow businesses per information request. To buy a franchise with World Gym, you'll need to have at least liquid capital of $0. The cardio-kickboxing workouts are like having a personal trainer but in a group setting. We can help secure your locations. Estimated total initial investment: $198,650 to $446,250. Unlock to learn more and talk with our advisors. Providing a quality healthcare service and giving our members control over their health is paramount at all Power World gyms. Pre-qualified offers are not binding. And it was recently sold to TPG Growth, the middle market and growth platform of alternative asset firm TPG. World Gym Houston is located at 7903 South Loop East, Houston, TX 77012. Learn more about the Your CBD Store franchise today. Founded in 2001 and franchising since 2002, the number of locations has continued expanding in recent years to the current total of 4,904 (up from the previous total of 4,743), of which 18 are company-owned and 2,338 are located outside the US. Increased awareness of the dangers of heart disease, obesity, and diabetes means that more people are exercising harder. Work with an experienced team who supports you at every stage and has your success and profitability first and foremost in mind. From our fresh, unprocessed products to our beautifully designed restaurants, we make people feel good from the inside out. The market for gyms and fitness clubs has seen impressive growth over the past twenty years. 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. In almost all instances the filing is simply a notice with the state. 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. TITLE Boxing Club gets people working out like theyre getting ready for a prize fight. When evaluating offers, please review the financial institutions Terms and Conditions. Founded in 2001 and franchising since 2009, the number of locations has expanded steadily to the current total of 621 (up from the previous total of 599), of which six are company-owned and two are located outside the US. So why choose us over the other guys? With World Gym, you can own a powerful and dynamic brand at the forefront of today's fitness industry. 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. ), and that attitude trickles down into their culturethey genuinely want people to have fun while they work out. To be eligible to open a Crunch Fitness franchise, candidates must have at least $1 million in net worth and access to $300,000 to $400,000 in liquid assets. Estimated Number of Units: 230. One of our franchise experts will have detailed knowledge about this franchise. Initial franchise fee: $30,000 to $50,000, Estimated total initial investment: $100,000 to $2 million. 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. Oasis Senior Advisors offers seniors and their families valuable resources to help them navigate the senior living options that are the best fit for their lifestyle, budget, and medical needs. Interested parties should have at least $0 in liquid capital to invest. Additionally, you will need to have a minimum liquid capital of $400,000 and a net worth of $1,000,000. This is a low investment and easily scalable model. World Gym is graded based on our most recent FDD research! Annual World Gym International Convention. World Gym is dedicated to creating a network of ultimate . 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. How would you like to be your own boss in a dynamic industry with a starting investment of 40,590? World Gym - Franchise. Like Planet Fitness, Crunch Fitness prides themselves on creating an environment free of judgment (they actually trademarked the phrase No Judgments). Learn more now. 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. Committed to every franchisees 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. Finding the best franchise means comparing several franchise brands to determine the best business for you. 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. Join the healthy vending revolution with Healthy YOU Vending! GLOBAL CAMARADERIE! You punch and kick your way through a great workout using bags instead of fighting other people. 1. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. We eat, drink, and breathe the gym and we are servants to the success of our franchisees. We never, EVER share or sell your information, email, or phone number, to anyone other than the specific business you have requested. Learn more now! A grand opening party is slated for. Select locations also offer skilled Home Health Care. Combining Fitness with Childrens Entertainment makes for one of the most exciting and unique youth fitness franchise opportunities in the industry! Ideally, we are seeking candidates with some business experience, a focus on sales and marketing and a willingness to work with our proven systems. We leverage international partnerships with wholesale suppliers and use an in-house team of digital marketing analysts to find, acquire & sell, You can change lives for a living, starting with yours. 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. 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. As long as the post-pandemic recovery continued, things looked bright for gym and fitness franchises. By continuing to use this website you consent to the terms of our privacy policy. Industries: Fitness, Gym. More than 80% have less than 10 locations. 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. It should be noted that, franchisors are required to provide you with details about all initial fees. FirstLight HomeCare offers comprehensive, in-home, non-medical and personal care services to seniors, new mothers, disabled adults and others needing assistance. Founded in 2006 and franchising since 2007, the number of locations has been declining since its peak of 102 in 2012 to the last reported total of 43 in 2018, of which four were company-owned and all were located in the US. 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. Many find the workout to be a major stress reliever as well. Plus theyre the first and only non-medical drug, alcohol, and DNA testing franchise in the US! Receive updates on the latest and greatest franchises and business opportunities delivered to your inbox each week. YOUR WORK SHOULD MAKE AN IMPACT. Upgrade Labs caters to each members specific goals & with the use of the machines, the members feel and see results in a fraction of the time compared to traditional methods. 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