Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. Complete the form below to get more information, including estimated costs to open and operate this franchise. 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. Los Angeles, CA - With over 230 franchise locations on six continents, World Gym International, the iconic, globally recognized fitness franchise brand, with its roots tracing back to the early days of Muscle Beach, has announced the introduction of an innovative, new strength-only gym: "World Gym Legacy."The format is designed to meet the growing needs of today's consumer, while . It also provides personal training for private or group training. New customers get a free personalized Get Started Plan with their membership, along with the Anytime Fitness app for goal-setting and more than 1,100 workout plans. 24 Hour Fitness - $1.51 billion. It was invented by Doug Brendle, who originally intended to sell it to individual consumers, but then sold the rights to a group of partners who wanted to form a fitness franchise of studios where people can use the apparatus under the guidance of trained instructors. 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. Altitude Trampoline Park is the neighborhood go-to in any community for a unique indoor entertainment experience. 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. Industries: Fitness, Gym. In addition to registration states, some other states have enacted supplemental franchise or business opportunity laws that require franchisors to provide their franchise within the state. We opened our first gym in 1976 on famous Muscle Beach in CA. So any aspiring entrepreneur with a passion for fitness may be eligible for gym franchise ownership, whether theyre a trained fitness pro or not. Learn more now! They accounted for $6 billion in revenues in 2022, out of the industry total of $35 billion. For 43 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. Orangetheory Fitness provides a totally unique (and seriously hard) group workout experience. General admission to just one club can start as low as $20 per month and go as high as $59.95 in some locations. Unlock this franchise to find out more. These circumstances even created opportunities. World Gym offers custom layouts to accommodate the perfect location for your new business. 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. The closure of a significant number of businesses had created gaps in the market, and careful market research allowed franchisees to spot these gaps. But in the short term, theyre going to feel the financial squeeze of the next few years, and anyone entering this sector needs to be ready to ride that out. Plus, that smaller pool of franchisees means each one receives more personalized support from the company. Our opinions are our own. 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. No spam, just good, helpful information for aspiring entrepreneurs. Even pre-pandemic, annual growth had been around 4.5%. 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. When you team up with World Gym, youll gain: Amenities & Layout(10,000 - 50,000 square feet). Founded in 2015 and franchising since then, there are currently 64 locations (up from the previous total of 52), of which one is company-owned and all are located in the US. And it claims people can get visible, substantial results with just 20 minutes of daily exercise at least as long as its an intense workout using their full range of state-of-the-art equipment supplied by Matrix Fitness. 1. Are you sure you wish to REMOVE from your request basket? It was founded in 2001, began franchising in 2008, and currently has over 120 locations in 26 states. The franchises on this list were ranked according to the number of units in the franchise system. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. Many or all of the products featured here are from our partners who compensate us. This is NOT a franchise or business opportunity. 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. Another important consideration to review is whether the initial fees are refundable or not. How would you like to be your own boss in a dynamic industry with a starting investment of 40,590? World Gym. 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. 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. Working Capital: $100,000 to $200,000. So any aspiring entrepreneur with a passion for fitness may be eligible for gym franchise ownership, whether theyre a trained fitness pro or not. All financial products, shopping products and services are presented without warranty. 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. New workouts requiring lots of costly equipment are unlikely to be big hits over the next year. Wow, glad you're interested in so many businesses! You punch and kick your way through a great workout using bags instead of fighting other people. Learn more about the cost and facts now! The average Fitness and Gym franchise began franchising in 2012. SPENGA is a combination fitness approach that combines spinning, strength, and yoga exercises into what it thinks is the best workout ever. According to their website, Pure Barre is the oldest and most established barre studio out there. We can help secure your locations. UFC Gym is all about the fighting-style workout, and those who are interested can actually train towards real fighting competitions. Learn more now! The initial contract length is 10 years, and the renewal term is 10 years. 9Round avoids set-time classes because its signature 30-minute circuit training workout starts a new round every three minutes. Learn more now! The total upfront investment for a gym franchise can fall anywhere between $30,000 and $300,000, including the one-time franchise name fee (ranging from $15,000 to $30,000). This contact may be made using automated or pre-recorded/artificial voice technology. Headquarters: Los Angeles, California. 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. Join the movement! 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. Franchise owners manage a staff of trained caregivers that utilize our proprietary ACTI-VATE Program to help our clients live happier, more active lives. From our fresh, unprocessed products to our beautifully designed restaurants, we make people feel good from the inside out. Power World Gym es un gimnasio creado hace ms de 30 aos. To add more franchises, please uncheck selections in your request info basket. We love working out, changing lives and empowering our members to live life fit and strong. Planet Fitness and World Gym are two of the most recognized gym franchises in America. 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. The chains 45-minute group classes are capped at 20 participants and use HIIT-style training with two highly-trained coaches in every session. Fitwall is a new chain that offers customers a way to train smarter using its unique piece of equipment called the Fitwall. Learn more now! If you are interested in a business that allows you to do, A Scoop Above The Rest - Bruster'sReal Ice Cream. 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 candidates who are passionate about building a fitness community in their local market. ComForCare is actively looking for entrepreneurs who want to thrive in a promising business that requires heart and soul. The class is offered for free to members, although even non-members can buy a group fitness pass. Retro Fitness just hired Andrew Alfano to be its new CEO, although founder Eric Casaburi maintains a major stake in the company and a seat on its board. Owning a. means owning a portion of the fastest growing sport in the worlda truly future-proofed business proposition. Serving groups of all ages, this opportunity provides a diversified mix of . LA Fitness - $2.09 billion. ComForCare is your chance to own a senior home care franchise business that, Join the #1 Estate Sale Franchise in the U.S.! Los Angeles, CA (Feb. 14, 2023) - World Gym, an iconic, globally recognized gym brand and originator of the full-service gym model that has, for over four decades, empowered millions of people around the world to improve their lives through fitness, has appointed Brea Ballard as Vice President of Marketing. 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. We seek entrepreneurial-minded individuals who want to positively and dramatically improve the lives of their clients, their staff and themselves. 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. One of the world's most prolific gym franchises was established back in 1965, and it's branching out since 1980. We eat, drink, and breathe the gym and we are servants to the success of our franchisees. Review our cookies information for more details. A fully mobile, recession-resistant franchise that is always needed. But perhaps most important to this process is interviewing current franchisees. That said, Orangetheory is designed for people of all fitness levels, since participants can go entirely at their own pace. He has covered financial topics as an editor for more than a decade. World Gym is 100% franchisee focused and continues to provide the best franchisee support in the fitness franchise industry. Unique Benefits: Special rules apply at Planet Fitness locations to make "regular" people feel welcome. 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. Many seniors are capable of staying in their homes, they just need a little help sometimes. Focus Franchise Ventures provides free franchise consulting services to assist you in making the best decision in buying a franchise, business or business opportunity. In other words, franchising takes most of the heavy lifting off your shoulders. 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. As a franchisee, youll be required to pay 6% in royalty fees and 2% in marketing fees. The company website, however, only lists 28 locations. 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. 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. *. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Devan had dreams of pitching in Major League Baseball, but was cut from the minor leagues. Life Time Fitness - $1.75 billion. Here is a list of our partners and here's how we make money. 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. And it was recently sold to TPG Growth, the middle market and growth platform of alternative asset firm TPG. Capitalize on this demand and open your own business!! Since 1996, Always Best Care has helped seniors & families with non-medical, in-home care and assisted living placement services. Prices per class seem reasonable, but can add up quickly. We eat, drink, and breathe the gym and we are servants to the success of our franchisees. In their FDD they outline who's in charge of the training. Initial Investment: $937K to $4.6M. Planet Fitness trademarked the phrase judgment free zone, so that alone should give you a sense of this gyms major value: inclusivity for all people, regardless of their fitness levels. 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. The Rumble Boxing Franchise opportunity is marked by a recurring revenue model, extensive support, strong brand recognition & a semi-absentee executive model. Lets get started. Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. But with an economic downturn looming, can these businesses sustain a healthy level of growth? Freedom to Choose - Depending on your market's needs and your budget, choose between a small-to-large World Gym Full-Service Club (10,000-50,000+ sq ft). Minimum liquid capital is $300k. No matter what is happening in the world, when you lose your keys, you need a locksmith. 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