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With the latest trends pertaining to health and wellness on the rise year after year, the fitness market has become a booming segment filled with an explosion of business opportunities for franchising and development.&nbsp;

If there were ever a time to jump on the fitness segment bandwagon, that time is now. Here are three reasons why the fitness segment is a great business opportunity to get involved with and why the health boom is showing no signs of letting up.

Reason 1: Society&rsquo;s Health Consciousness is Here to Stay

Staying fit and healthy is the latest trend. And because of it, younger consumers, specifically millennials, are becoming more and more health-conscious, not only with food but with their fitness activity as well.&nbsp;

Edward Navan, co-founder and Chief Strategy Officer of <a href="https://regymenfitnessfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-top-three-reasons-why-the-fitness-segment-is-a-great-business-opportunity-2710527" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">REGYMEN Fitness</a>, explained that &ldquo;the average millennial is paying $300 to $500 per month on fitness, but at several different locations.&rdquo;&nbsp;

&ldquo;They don&rsquo;t exhibit much brand loyalty,&rdquo; Navan said. &ldquo;There are a lot of successful fitness franchises, but they all only do one thing. No one else has the comprehensive offering we do.&rdquo;

<a href="https://1851franchise.com/regymenfitness" style="text-decoration-line:none" target="_blank">REGYMEN Fitness</a> has been able to take advantage of this health kick by blending high-intensity interval training, strength and weight training, and boxing to create a three-fold experience for its members that delivers results. Merging the three effective, fun and popular exercise methods has been an extremely successful endeavor in REGYMEN Fitness&rsquo; short history.&nbsp;

&ldquo;If you look at [the industry] right now, you&rsquo;ve got people doing spin, boxing, boot camp, crossfit&mdash;but nobody has the three particular workouts that we do, all under one roof,&rdquo; said Nick Binnings, Chief Operating Officer of REGYMEN Fitness. &ldquo;There are other companies with multiple things under one roof, but we have the most popular workouts under one roof.&rdquo;&nbsp;

Reason 2: The Fitness Industry is Hot, But So is Market Availability

<a href="https://www.wellnesscreatives.com/fitness-market/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-top-three-reasons-why-the-fitness-segment-is-a-great-business-opportunity-2710527" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">According to the 2019 Fitness Industry Market Report,</a> the U.S. is the world&rsquo;s largest health and wellness market, with 38,477 clubs and an annual growth rate of 3.6%. Industry revenue is growing at a slightly higher rate of 6.1% and is currently estimated at $30 billion. This has led fitness franchises across the nation to expand in unit numbers and reach, directly influencing boutique fitness studios, such as REGYMEN.&nbsp;

&ldquo;The fitness industry is a hot segment,&rdquo; emphasized Binnings. &ldquo;Just last year, the fitness industry grew by 6%. And we&rsquo;re uniquely positioned in the boutique fitness space, which is the most up-and-coming. Traditionally, workout options were just big clubs, but now there are boutique offerings where we know we can compete. We&rsquo;re disrupting the fitness industry.&rdquo;

Reason 3: The Value of a Membership-Based Model

Franchise owners with REGYMEN Fitness utilize a membership-based franchise model which has no cost of goods and a low barrier of entry into the market. By opening their doors with a baseline of memberships already in place via a strategic pre-sale marketing campaign, the franchisees are already set up for success starting on their very first day.&nbsp;

&ldquo;Our goal is for franchisees to get 350 to 400 memberships signed before their doors open, which creates a lot of revenue on day one,&rdquo; said REGYMEN Ftiness president Tom O&rsquo;Keefe.

To learn more about franchising with REGYMEN, visit <a href="https://www.regymenfitness.com/franchising/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-top-three-reasons-why-the-fitness-segment-is-a-great-business-opportunity-2710527" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">https://www.regymenfitness.com/franchising/</a>.

The Top Three Reasons Why the Fitness Segment is a Great Business Opportunity

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Millennials are on the climb to stay fit and healthy, which is causing rising revenue numbers for the fitness segment.

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