1851

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

1851 Franchise

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

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

the-top-three-reasons-why-the-fitness-segment-is-a-great-business-opportunity

Sola Salons

Why This Franchisee Invested in More Sola Salon Franchises Before Even Opening His First

why-this-franchisee-invested-in-more-sola-salon-franchises-before-even-opening-his-first

Integrity Franchise Group

SBA LOANS HOW TO SECURE FUNDING AND MAXIMAZE BENEFITS

SBA Loans for New Businesses: How to Secure Funding and Maximize Benefits

sba-loans-for-new-businesses-how-to-secure-funding-and-maximize-benefits

Minuteman Press International

Minuteman Press Franchise Owner Juanita A. Glenn at her center in Upper Marlboro, MD.

Minuteman Press Franchise Review: Juanita A. Glenn Celebrates 8 Years

minuteman-press-franchise-review-juanita-a-glenn-celebrates-8-years

Transforming Lives Through Entrepreneurship: How Sola Salons Builds Stronger Communities

transforming-lives-through-entrepreneurship-how-sola-salons-builds-stronger-communities

Pollo Campero

Pollo Campero Expands Its North Carolina Footprint With New Greensboro Location

Pollo Campero Expands Its North Carolina Footprint With New Greensboro Location Opening on March 11th

pollo-campero-expands-its-north-carolina-footprint-with-new-greensboro-location-opening-on-march-11th

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

Login

facebook

instagram

twitter

linkedin

youtube

Photo of a basket of chicken wings with dipping sauce and celery

RestaurantNews: Franchisees File Comprehensive Legal Complaint Against Hurricane AMT

restaurantnews-franchisees-file-comprehensive-legal-complaint-against-hurricane-amt

Hooters - Bankruptcy Chapter 11 - 1851 Franchise

Hooters Prepares for Bankruptcy Amid Financial Struggles

hooters-prepares-for-bankruptcy-amid-financial-struggles

Burger King’s Parent Company Restructures Operations in China and the U.S. To Drive Growth

burger-kings-parent-company-restructures-operations-in-china-and-the-us-to-drive-growth

Papa Johns Faces Potential Takeover as Turnaround Efforts Continue

papa-johns-faces-potential-takeover-as-turnaround-efforts-continue

1851 Agg - McDonald's Sales Decline Expansion Continues - 1851 Franchise

McDonald’s Franchisees Feel the Pressure as Sales Decline and Expansion Continues

mcdonalds-franchisees-feel-the-pressure-as-sales-decline-and-expansion-continues

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

DOJ FTC Antitrust Guidelines - Franchise News - 1851 Franchise

DOJ and FTC Issue New Antitrust Guidelines with Implications for Franchising

doj-and-ftc-issue-new-antitrust-guidelines-with-implications-for-franchising

Taco Bell Joins the Beverage Boom With New Live Más Café Concept

taco-bell-joins-the-beverage-boom-with-new-live-mas-cafe-concept

Franchisee spotlight featuring Ian and Dick Rydholm with gradient blue background and Sylvan logo

Ian and Dick Rydholm Celebrate 30 Years of Transforming Lives Through Sylvan Learning in El Paso, Texas

ian-and-dick-rydholm-celebrate-30-years-of-transforming-lives-through-sylvan

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Domonique Downing - Big Frog Franchise - Fayetteville, GA - 1851 Franchise

Coca-Cola Scientist Finds Path to Autonomy with Big Frog Franchise in Fayetteville, Georgia

big-frog-franchise-fayetteville-georgia

Navy Veteran Finds New Form of Service, Helping Other Military Families Through USA Ninja Challenge

navy-veteran-finds-new-form-of-service-helping-other-military-families-through-usa-ninja-challenge

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

MORE STORIES LIKE THIS