![]() ![]() There’s a clear desire to get back to fitness, the gym, and the fitness community. But the industry is set for a strong comeback as more people prioritize health and fitness in the wake of the pandemic. Like many industries, the fitness sector lost billions in revenue in 2019 with temporary closures and restricted capacity. Anytime Fitness acquired PumpOne, a virtual coaching personal mobile training service, that allowed the company to boost profits by cutting back on staff.ĭespite the effects of the COVID-19 crisis, the fitness industry remains rife with opportunities. In the years before 2019, large gym franchise businesses have looked to make a bigger splash in the market by acquiring smaller businesses. The four biggest players in the gym and franchise industry are Orangetheory Fitness, Anytime Fitness, Planet Fitness, and Snap Fitness. The US gym and fitness franchise industry contributes $3 billion to the greater gym, health, and fitness club sector. The state of the gym franchise industry in 2022 They are ready to start their own business but want to avoid the trial and error of creating fitness brands from the bottom up. From boutique fitness and kickboxing gyms to big-box 24-hour fitness studios and Pilates, there’s a ton of variety in gym franchising.īecoming a gym franchisee is well suited to an individual with entrepreneurial spirit, but perhaps doesn’t have the time or finances for a start-up. You can find a franchise in most fitness niches such as personal trainer services or group training, so you can align your interests to your business. Typically, investing in a gym franchise would give you access to:įitness franchises range massively in size, prize, and type. Generally, you will pay a one-off fee to invest into a franchise and then pay ongoing fees from a percentage of the revenue. The franchisor sells the rights for you to use their business model, company name, and trademarks to operators known as franchisees. The 9 best gym franchise opportunities in 2022Ī gym franchise is a business that has an established owner called the franchisor.Investing in a fitness franchise vs owning.The state of the gym franchise industry in 2022.In this article, we look at what exactly a gym franchise is, the current state of the fitness industry and list 9 of the best gym franchise opportunities this year. Investing in a fitness franchise has the potential to be a lucrative venture. Fitness is a lifestyle for many and you can see that in the way the industry has remained resilient throughout the pandemic. It takes a ton of work and effort to create a successful gym business, whether it’s a franchise or not.Ī gym franchise isn’t a sure thing to success, but you are accessing an established business model and blueprint with an existing customer base. ![]() While starting a brand new gym can be incredible and rewarding, investing in a gym franchise can be a less risky way to jump into the fitness industry. Whether you’re a fitness fanatic or always dreamed of opening your own fitness studio, investing in a gym franchise is a natural route for some. ![]()
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