Acti-Kare franchisees provide superior caregiving services to the whole family in the comfort of their own homes. To buy a franchise with World Gym, you'll need to have at least liquid capital of $0. Most importantly, when you join World Gym, youre becoming part of a much larger family. The chains signature workout offering that gets rave reviews is MYFIT, an 18-minute daily HIIT (high-intensity interval training) workout led by an on-screen instructor and based on foundational functional movements and planes of motion. Reminder: Your username and password are case-sensitive. The demand for healthy food choices is exploding. ), and that attitude trickles down into their culturethey genuinely want people to have fun while they work out. Data and message rates may apply. Can you Afford an World Gym Franchise. 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. HealthyYOU Vendingblends an, ComForCare is a top-ranked, leading home care franchise whose brand is synonymous with quality care, innovative care programs, and recognition for building a top caregiving culture. 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. Welcome to World Gym & World Gym Athletics! 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. On average, the top 25% of stores generate $1,959,404 average revenue and $379,671 average contribution per store.*. Here is a list of our partners and here's how we make money. Quick Franchise Summary. An iFlex Stretch Studio Franchise, is the business for you. Interested parties should have at least $0 in liquid capital to invest. As an Orangetheory franchisee, youll be responsible for a monthly royalty fee of 8% of gross sales. All told, their gyms boast over 14 million members worldwide. ), and that attitude trickles down into their culturethey genuinely want people to have fun while they work out. Plus, that smaller pool of franchisees means each one receives more personalized support from the company. The middle-aged crowd is too busy to be working out all the time, so twice a week sounds ideal. Since their start in 2002, Anytime Fitness has opened over 4,000 locations on all seven continents. We seek entrepreneurial-minded individuals who want to positively and dramatically improve the lives of their clients, their staff and themselves. But perhaps most important to this process is interviewing current franchisees. World Gym offers industry-leading, complete wellness solutions that provide a superior member experience. Prospective customers can get a free one-on-one consultation to see if this might be the right workout option for them. Robert Beaupre leads the SMB team at NerdWallet. Gain experienced franchise coaches and in-depth training programs to keep your gym in action and moving forward. Create your FREE account to access additional data on World Gym, and more! This influences which products we write about and where and how the product appears on a page. The initial purchase price of any franchised business includes several fees. 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. Do not sell or share my personal information. Initial franchise fee: $1,250 Estimated total initial investment: $2,405 to $3,200 Gym franchises don't get much more classic than Jazzercise, the high-intensity, dance-cardio. CarePatrol was awarded 27 new franchise agreements in 2021, reaching systemwide revenue growth of nearly 50%. During the 2008 recession, the number of fitness clubs fell roughly in line with the countrys GDP, and that sort of damage may hit the industry again. 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. First on the scene and best in its class, Sky Zone created the worlds first wall-to-wall trampoline park in 2004, bringing healthy, high-flying fun to people across the globe. Our trainers have advanced, science-based certifications to maximize your members' exercise routines safely and effectively. How would you like to be your own boss in a dynamic industry with a starting investment of 40,590? Unlock this franchise to find out more. Still, some churn is inevitable. This type of financial data is not always helpful to assess profitability for you directly. Get Day Pass Find The Powerhouse Gym In Your Community. Tagged as: 30 Minute Hit, 9Round, Anytime Fitness, Blink Fitness, Burn Boot Camp, CKO Kickboxing, Club Pilates, Crunch, CycleBar, Exercise Coach, F45 Training, Fit Body Boot Camp, Fitwall, Get in Shape for Women, Gold's Gym, GymGuyz, iLoveKickboxing.com, Iron Tribe Fitness, Jazzercise, Orangetheory Fitness, Planet Fitness, Pure Barre, Retro Fitness, Row House, Snap Fitness, SPENGA, StretchLab, The Barre Code (formerly Barre Bee Fit), The Camp Transformation Center, TITLE Boxing Club, UFC Gym, Workout Anytime, YogaSix. Gym franchises dont get much more classic than Jazzercise, the high-intensity, dance-cardio fusion class that became a fitness mainstay during the 80s exercise boom. 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. More than 80% have less than 10 locations. Founded in: 1976 Franchising since: 1982 Franchise units: 200+ Initial investment: $762,200 - $3,212,500 Royalty Fees: $1K/mo. Blink Fitness focuses on how customers feel rather than how they look with workout experiences that make people feel great. As an award winning brand, with a strong national presence, the CycleBar franchise opportunity is marked by a recurring revenue model & a semi-absentee executive model with multi-unit opportunities available throughout the nation. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Ideally with some business experience with focus on sales and marketing. Plus, that smaller pool of franchisees means each one receives more personalized support from the company. Jazzercise Inc. Check out this franchise opportunity to better understand the specific costs required to buy an World Gym, such as franchise fees, real . Ideally, we are seeking candidates with some business experience, a focus on sales and marketing and a willingness to work with our proven systems. Elements include weight training, cardio, and nutrition counseling. 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). Founded in 2009 by Michael Parrella and franchising since 2012, the number of locations has fallen dramatically from a high of 264 in 2018 to the current total of 91 (down from the previously reported total of 94), of which none are company-owned and 11 are located outside the US. Initial franchise fee: $32,000 to $40,000, Estimated total initial investment: $2.2 million to $5 million. Working Capital: $100,000 to $200,000. The chains signature Power Hour workout uses boxing basics to achieve both fitness and confidence. 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. One way to confirm the potential revenues or profits generated from a World Gym franchise investment is to review the franchisor's Item 19 within their FDD. See how fitness, entertainment, and interactive technology create a powerhouse of an opportunity. Pre-qualified offers are not binding. Learn more below. Unlike franchise registration states, the franchise filing states do not review a franchisor's FDD. World Gym is an iconic, globally-recognized brand in resurging health and wellness category. Industries: Fitness, Gym. And it was recently sold to TPG Growth, the middle market and growth platform of alternative asset firm TPG. Some gyms have turned this change into an opportunity. 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. Reach your goals with workouts designed by World Gym trainers from around the globe, or train with Gunnar Peterson, LES MILLS or SoulBody Fitness. Founded in 2000 and franchising since 2010, the number of locations has risen rapidly to 199 (up from the previous total of 157), of which none are company-owned and 42 are located outside the US. Orangetheory Fitness continues to make waves in the fitness franchise industry with its one-hour HIIT workout that claims to keep your heart in afterburn mode to not only immediately burn 500-1,000 calories during the workout, but even more in the 36 hours afterwards. SPENGA is a combination fitness approach that combines spinning, strength, and yoga exercises into what it thinks is the best workout ever. This contact may be made using automated or pre-recorded/artificial voice technology. What makes us different? Initial term lengths last 10 years. Golds is a full-service gym with all kinds of training equipment, group fitness, personal training, locker room services, a kids club, and a pro shop with clothing, accessories, drinks, bars, supplements, nutritional products, and other items. She is based in Santa Monica, California. Gold's Gym franchise is the world's largest fitness industry chain. We know there are a lot of choices when it comes to choosing a fitness franchise. The intention is to allow the seniors to remain in their homes, living safely and independently, for as long as they can. wellness industry and currently operates more than 680 locations. But buying into a gym franchise is a less risky venture than building a gym from the ground up. Classes cover every type of workout anyone could want along with lots of fitness tools and apps. It's also listed in the section for Franchises Under $500,000 . After retiring from the printing business PostalAnnex+ founder Jack Lentz began working out of his home as a business consultant. Home exercise options such as Peloton, online workouts, or simply going for a run have become more popular. As a franchisee, youll be required to pay 6% in royalty fees and 2% in marketing fees. Brand fund contributions (aka advertising fees) are 2% of monthly gross sales, though they may be increased to 3%. Your returns and owner's income is not just reliant on how well your own location operates, you should review how well the entire franchise system is performing. Learn more today! It should be noted that, franchisors are required to provide you with details about all initial fees. All World Gym amenities can be integrated into our industry-leading powerhouse layout. Whether youre a gym rat yourself or youre passionate about helping others achieve their health goals, starting a fitness business can be a dream gig for health-conscious entrepreneurs. But the chain also has a strong focus on kids, youth, and families rarely found at other gyms. 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. Our progressive franchise model includes key resources that you'll use to sculpt your franchise future. Corporate Office: 6656 Foothill Blvd, Tujunga, CA. Discounts for longer duration memberships may provide better revenues in the long term. The franchise also requires that candidates have at least $100,000 in combined liquid assets and a total net worth of at least $250,000. In franchising, location is everything, and we've got you and your fitness community covered. 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. The closure of a significant number of businesses had created gaps in the market, and careful market research allowed franchisees to spot these gaps. Initial Investment: $937K to $4.6M. Customers can choose one-on-one 25-minute or 50-minute stretch sessions, or participate in group stretches. Wed recommend meeting with your bank or accountant to help you determine which franchise is financially doable for you right now. Many or all of the products featured here are from our partners who compensate us. As the company website explains, the method uses a combination of High Intensity Interval Training (HIIT) and Active Rest Training to get your body to burn up to twice the fat and calories that traditional workouts burn in only half the time. CEO Bedros Keuilian attributes a big part of the chains success to effective social media storytelling that shows the impact on real customers. The larger the initial investment, the larger return you could anticipate. Learn, Are you tired of the 9-to-5 grind? Each location offers an array of immersive, energetic indoor rowing classes that combine low-impact cardio, resistance training, stretching, and rhythm-based rowing. Pure Barre offers instructor-led classes for total body workouts using a ballet barre to perform small, isometric movements that burn fat and sculpt muscles into long, lean physiques. Did you know there are over 3,000 franchise opportunities across the United States. Unlock to learn more and talk with our advisors. 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. World Gym offers territory protections. 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. When you work out at World Gym, youre surrounded by friends and champions who share your passion, and who raise each other to greatness. One of the Top Franchises to Own in a $300 Billion Industry. Our opinions are our own. Initial term lengths last 10 years. Konami Sports & Fitness - $609m. Flexibility to work at home, on the road, basically anywhere you have Internet access. 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. We are currently accepting inquiries in these states: Download the Franchise Opportunities IOS App, Download the Franchise Opportunities Android App, Printing, Copying, Shipping, Signs Franchises, Purchase A Franchise Using Your Retirement Plan. The Rumble Boxing Franchise opportunity is marked by a recurring revenue model, extensive support, strong brand recognition & a semi-absentee executive model. Estimated total initial investment: $2,405 to $3,200. Start a Medical & Dental Billing and Practice Management Business Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! We don't share our mailing list. Snap Fitness started franchising in 2004. And with an incredibly low initial franchise fee and upfront investment, Jazzercise is one of the best low-cost franchises youll find, especially within the health and fitness industry. 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. Franchise Description: The franchisor is World Gym International, LLC.The franchised gym will be authorized to offer and provide (a) fitness training and related fitness instruction, wellness and recovery services, on-demand fitness platforms, and any other fitness-related . 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 . Boost Home Healthcare is focused on providing clinical excellence and compassion, one patient at a time. Another factor to owner's salary potential is based on the number of locations you purchase. Learn more now! Fitness franchises offer an array of concepts and a full range of initial investment requirements, from very little (under $10,000) all the way up to high-end options that will cost more than $5 million to launch. World Gym - Franchise. But with an economic downturn looming, can these businesses sustain a healthy level of growth? World Gym is an iconic, globally-recognized fitness brand in a booming industry. Before that, Alfano was a senior vice president at Starbucks where he was accountable for more than $3.5 billion in revenue. The industrys appeal to a range of tastes and wallets is part of what has made it a success, and this is reflected in the franchising options. Amit, I am happy to answer any questions that you may have about opening a gym and becoming a franchise owner. This includes 19 hours of classroom training, 11 hours of on-the-job training, and 0 hours of online training. While the chain continues to grow its number of locations, there are a surprising number of news reports about locations that suddenly close with little if any notice and no refunds. 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. Life Time Fitness - $1.75 billion. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Your email address will not be published. Opening an gym , so wanted to take up franchisee model. I offer a FREE assessment that tells you what type of franchise will suit you best. Train with us, and youll not only be part of the team, youll be part of the family. The 9Round Fitness Franchise Opportunity is breaking the mold in the fitness industry. You best 379,671 average contribution per store. * the printing business PostalAnnex+ founder Jack Lentz began working all... Of financial data is not always helpful to assess profitability for you amit, am! This influences which products we write about and where and how the product appears on page... After retiring from the printing business PostalAnnex+ founder Jack Lentz began working out of his home as a,. Assessment that tells you what type of workout anyone could want along with lots of tools! Living safely and independently, for as long as they can might be right! Initial fees a franchisor 's FDD one patient at a time Studio franchise, is the business for you combination... Feel great entrepreneurial-minded individuals who want to positively and dramatically improve the lives of clients! Capital to invest is marked by a recurring revenue model, extensive support, strong brand recognition a! Or accountant to help you determine which franchise is the best workout.! Include weight training, cardio, and more on kids, youth, and operates. 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