Exercise is one of the easiest ways to keep your body healthy and young. It also has the potential to make you lots of money. If you enjoy working out and dream of being your own boss, you may want to enter the world of fitness franchising.
A 2017 report by Entrepreneur found that U.S. based fitness franchises bring in an estimated $31 billion, and that number is continuing to grow. In fact, by 2022, IBISWorld estimates the fitness industry will be 1.5% larger than it is today. There are three factors in particular that make fitness franchising especially appealing. They are:
Plenty of options. Americans love physical activity, but only 20% of them actually work out. Numbers like that are shocking, but it’s also allowed the market to thrive. Gyms like Planet Fitness, Crunch and LA Fitness offer members various perks to cater to individual needs. Some facilities are open 24 hours, others boast swimming pools and steam rooms; some just focus on weights. No matter your background, or the customers you hope to serve, there are plenty of options in the fitness space.
Stay healthy. Most people are forced to sit in a cubicle all day. As the owner of a gym or fitness franchise, you’ll have direct access to a healthy lifestyle. You already spend most of your free time at the gym as it is, why not get paid to do it?
Give back to your community. Owning a fitness franchise also gives you the opportunity to educate your community about living a healthy and active lifestyle. Getting kids and teenagers involved in exercise when they’re young can help prevent obesity and other health problems.
What are you waiting for? An exciting world of franchising awaits!