The rise of the office culture and the ever-increasing hours spent sitting idle in front of a screen have also given birth to the trend of fitness training. Fitness training was once considered an activity primarily reserved for athletes. However, it is now fast becoming a pursuit of choice for a large number of people. This means that it makes for a great investment opportunity which promises a good return.
Fitness Franchises are the new gold. According to recent reports, the fitness industry in the U.S. alone provides a turnover of over 31 billion dollars every year, and about a tenth of this is through franchises alone. This number is steadily on the rise. Investing in a franchise has obvious benefits and is considered a generally solid investment.
We have compiled below a list of the top fitness franchises you can invest in.
1. Orange Theory Fitness Orange Theory Fitness is a boutique fitness studio which focuses on scientifically proven exercise programs led by their trained coaches.
It is an international fitness chain that started in the US with branches in 21 countries. The franchise fee is around $59,950, with a total preliminary investment of $488,405 to $994,360.
2. Anytime Fitness Anytime Fitness gives its members 24/7 access to the gym. Thus making it easy for the members to fit their fitness regime into a convenient time slot in their daily lives. For a franchise, initial costs run between $46,299 and $321,899.
3. Planet Fitness An all-encompassing gym that provides a variety of options, Planet Fitness is quickly on the rise. The Planet Fitness Franchise costs $969,600 - $4,242,500.
4. Crunch Fitness They offer group fitness classes, cardio, and weight training. Crunch Fitness charges a license fee of up to $25,000, with its total initial investment range being $304,500 to $1,984,500.
5. Pure Barre Pure Barre is a boutique gym. Their workout is focused on low impact, high-intensity movements. The Pure Barre franchise fee is around $46,500, and its total initial investment range is $178,350 - $370,000.
6. F45 Training F45 is the fastest growing fitness franchise with representation in 45 countries. The franchise fee of F45 Training is up to $50,000, with a total initial investment range being $220,000 to $299,000.
7. Cycle Bar As the name suggests, this gym focuses on high-intensity cycle workouts. Its franchise fee is up to $49,500, with a total initial investment range between $284,350 and $497,150.
8. Burn Boot camp Burn Boot camp offers an intensive mix of cardio and strength workouts. It has a franchise fee of up to $40,000, with an initial investment range of $142,330 to $349,150.
9. Gold’s Gym Gold’s gym is an international chain, which offers a wide variety of group exercises and personal training. It has the franchise cost of up to $40,000, with initial investment ranging from $2,218,250 to $5,000,500.
10. Big Secret - call to learn more This represents an unpresented opportunity with: a) one of the most recognizable brand names in the Country b) you become the area partner with this brand and share in the royalty income c) the area includes the entire metro market