5 REASONS WHY OWNING A FITNESS FRANCHISE MAKE SENSE
- MAKING A DIFFERENCE
There are few business where you can help make a change in people’s lives. How much of a difference do you make when you own a hamburger franchise, except for helping contribute to the obesity problem in the country. People join a health club to be healthier, have better self esteem, and reduce stress. When you own a fitness health club franchise you are truly having an impact on your members. They are healthier, more confident, and overall happier after they go to your gym.
- TURN KEY OPERATIONS
Successful franchise models, with experience, provide their franchise owners a turn key type operation. The majority of fitness franchises provide the blueprint for success and assist with the financing, selection of a location, equipment leasing, and marketing. This means when the doors open, you are ready to go and the business should be able for the most part run itself. That is comparing it to other franchise businesses, of course.
- PERSONAL ENJOYMENT
Have you ever worked in a fast food chain restaurant? Working in the back of a hot kitchen for 15 hour days and dealing with angry customers is no fun. Those that have invested in fitness franchises know how enjoyable of a work environment there is in a health club. You get to witness people improve themselves every day. Not to mention the benefit of being able to work out any time you want. Many fitness franchise owners enjoy their time at work and look forward to it, more than other businesses.
- ANCILLARY SOURCES OF REVENUE
The fitness industry is filled with opportunities for additional revenue. When you own a gym / fitness health club franchise, you generate most of your revenue from member fees. However, good health club models understand that there are many ways to increase your revenue. Such as health and weight loss products, personal training, classes, brand name apparel, and amenities like day care, tanning, saunas, etc….
- BETTER WORK LIFE BALANCE / TIME TO WORK ON OTHER BUSINESSES
Unlike the owner/operator model seen in traditional franchises such as quick serve restaurants, the fitness health club industry is not as demanding. Now that does not mean that you never need to show up. However, having a competent and dedicated staff can ensure that business runs smoothly. Think about it. When was the last time you were at a health club and needed to speak to a Manager? A lot of the revenue is generated on a monthly basis through automatic payments so control of sales is less than most businesses. This means more time to spend with family or on other business ventures. Health Club franchise owners generally go on more vacations than the average business owner and never miss a game, school activity, or ballet recital.
There are many great franchise opportunities, but in terms of overall benefits and happiness, owning a health club franchise is definitely at the top.