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Many business owners on Long Island are looking to expand their brand through the franchise model.
 
According to a recent article in Newsday, one franchisor looking to expand his presence worldwide is Josh York, Founder and CEO of GYMGUYZ.
 
The brand began franchising in 2014 and has already expanded to 71 locations in 14 states. The brand provides personal training and brings workouts to the client's home, office or setting of choice. GYMGUYZ serves clients ranging from age four to 101.
 
“It is very easy to scale the business,” York, 33, told Newsday, adding the total investment to open a location is $75,000, plus a 6 percent royalty and 2 percent ad fee. “You are in a moving billboard. Our profit margins are going to be higher because of the fact that there is no brick-and-mortar, so expenses are really low.”
 
GYMGUYZ expects to have $3.5 million in revenue and 100 locations in 20 states by the end of 2016.
 
Read the full story here. 

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Nick Powills

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Nick Powills

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Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.

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