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The gym is no longer just a hub for the super-fit. Nowadays, it also doubles-up as a meeting place, a social hub and for many, a personal development center.
There has been a shift towards a more health-conscious society, where working out is no longer a chore, but rather, a hobby and a passion.
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This is positive news, not only because of the health benefits, but also because of the associated boost to the fitness industry.
This is an industry with a strong franchise presence. This is unsurprising when you consider the importance of brand recognition when it comes to the question of “where is a reliable and popular place to work out?”
After reading this, you may be wondering whether or not to give your career’s health a boost with a fitness franchise.
Here are just a few reasons why that might be the right move for you.
Money, money, money
The United States' fitness market is second-to-none. It ranks number one, with about a third of the world’s revenue for health and fitness clubs coming from this country.
Gym and fitness franchises account for around $4 billion annual revenue of the overall Gym, Health and Fitness Clubs industry, which is estimated at $34 billion.
That is a massive revenue stream and it isn’t showing any signs of shrinking either, with franchises an important part of the market.
More than just a gym
Unsurprisingly, the big players within the fitness industry are always trying to better themselves. Whether it be new types of classes for members, bringing the gym to different and unique locations or taking advantage of the latest “hot thing” in exercise.
One thing that isn't changing is that fitness franchises are not content to sit and wait for the industry to change around them. They recognize that they have to work to get people through their doors and their knowledge is often invaluable to franchisees.
Plenty of Choice
Franchise Direct has more fitness franchises than you can shake a protein bar at.
If you’ve a passion for a certain area, then there is probably a fitness franchise to suit you. Even if you don’t, there is enough variety in this area, that you’ll probably find something you love soon.
For instance, our current listings include a kickboxing franchise, a trampoline park and a Pilates center. That’s only a small percentage too… take a look here and see is there a fitness franchise to suit you.
Single Location, No Problem
If the idea of owning and operating a single location franchise business is in your plans, then a fitness franchise could be the option for you.
Our franchise listings demonstrate plenty of variety and many of these businesses will work perfectly as just that. Whether you’re going down the specialized route, or sticking with the more traditional form of gym, there’s an option for you.
Room for Growth
If you put in the work, you should see plenty of growth… we are not talking about muscles here either, but rather, your business.
This is an industry that is making all the right moves right now and this is demonstrated by IBISWorld, who report that the fitness industry will grow through 2022.
Thus, now might be the right time to take advantage of this projection.
If that is something you might be interested in, then check out our fitness franchise section here.