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Why Fitness Franchise Concepts are a Hot Investment
SMB Franchise Advisors can help your franchise get in shape - figuratively and literally
According to the International Health, Racquet and Sportsclub Association, there approximately 51.4 million people who are members of a U.S. heath club, which account for more than $24 billion in revenue. And while some consumers are still reluctant to go to the gym, the franchising industry has thoroughly embraced the model. Large big box concepts are still popular, but smaller brands are building muscle by offering niche options such as on-site personal training, indoor cycling, youth soccer, and even indoor rock climbing as fitness franchise opportunities.
Ask Josh York, founder and CEO of GYMGUYZ, the first in-home mobile personal training and fitness franchise, what made the difference in his brand’s recent growth and he will tell you that working with SMB Franchise Advisors was paramount to GYMGUYZ success.
“The reason I decided to work with SMB Franchise Advisors instead of doing this on my own was because of how much is involved in the franchising process and everything that is needed to structure a franchise model,” said York. “There is so much detail that goes into it and you need to make sure it’s done properly. I was searching for the most professional and down-to-earth group and I found that in SMB Franchise Advisors.”
Other fitness brands that have benefited from SMB Franchise Advisors’ insight into the franchise business model are Full Psycle, the indoor cycling concept, and Soccer Shots, the leader in youth soccer development for children ages 2-8.
“Fitness franchises are a very popular franchise category right now,” said SMB Franchise Advisors CEO Steve Beagelman. “From the predictable revenue streams that recurring membership dues provide to the potential for flexible schedules, fitness franchises continue to be a sought after investment among potential franchise candidates.”
However, starting a fitness franchise from the ground up can have its challenges. Just ask Lucas Kovalcik, co-founder of the Gravity Vault indoor rock climbing gym.
“SMB Franchise Advisors helped us establish ourselves as a franchise company,” said Kovalcik. “They helped us with everything from building our operations manual to establishing our sales program. They basically showed us how to operate as a franchised business. Steve Beagelman and his team are absolutely fantastic.”
For more information on SMB Franchise Advisors, click here.
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