Fitness Franchise OpportunitiesFITNESS MATTERS! Just ask the folks at 24 Hour Fitness and Snap Fitness. Personal trainers across America are busy!
People are always looking for an edge when it comes to losing weight, getting in shape or increasing longevity to their life. Weight loss clinics, fitness centers, fitness for kids, nutrition and health clubs dedicated to body building, losing weight, or simply dedicating yourself to a healthier lifestyle make up this emerging franchise category.
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Fitness Franchise Centers - Industry ProfileThe US fitness centers industry includes about 22,000 companies and nonprofits in the US that operate about 26,000 fitness and recreation centers with combined annual revenue of $15 billion. Top franchises featured at America's Best Franchises include Fitness Together, Snap Fitness Franchise and Sedona Fitness for Women just to name a few. The industry is fragmented: the 50 largest companies account for about 30 percent of revenue, and only a few dozen companies own more than 10 centers.
Competitive Advantage
Fitness Franchise success is partly linked to income levels and partly to market demographics. The profitability of individual franchises depends on good marketing. Large companies have economies of scale in advertising and buying equipment. Small companies can compete effectively if they have favorable locations. The industry is labor-intensive: average annual revenue per worker is $30,000.
Fitness Center services include facilities for aerobic exercise and weightlifting. Running, swimming, racquet sports, yoga, karate, basketball, and swimming may also be offered. Small studios may cover just a few thousand square feet while multi-activity operations can cover 100,000 square feet.
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