America’s Fitness Craze
Are you a fitness freak? Today, one in five adults in this country have a gym membership. Adults between the ages of 20 and 64 make up this gym-going demographic and year after year, Fitness tops out as one of the fastest-growing industries of the franchising world.
In fact, gym and fitness franchises make up over 12% of the overall Gym, Health and Fitness Clubs in this country, which is estimated at producing $34 billion in annual revenue.
So much opportunity – so many choices – insert yourself here
This is an exploding market with a diverse clientele who are far from the one-size fits all mold. It’s for that reason that HAC offers twenty-four different Sports/Fitness franchise models for the health conscious entrepreneur. These models cover total body wellness in many different ways. Options range from Kick-boxing to Yoga, Women’s fitness, Core Training, and Boxing, to Youth Sports models.
That’s not all, though. Let’s not forget about Sports Nutrition & Supplements stores, Martial Arts, and Senior Strength Training Centers. We also offer a variety of boutique gyms, featuring unique niches like Assisted Stretching, Indoor Cycling classes, Rowing, Group Fitness, and Spinning. Boutique Fitness has enjoyed 450% growth year over year since 2010.
Which one will you choose?
The CDC, calls obesity in America, “common, serious and costly” and estimates that 35% of adults and 17 % of children suffer from its effects. The American Journal of Preventive Medicine predicts that this number will rise to 42% of U.S. adults, and cause about $550 billion in health care costs for the treatment of obesity and related conditions.
Recognizing the need for better health, Americans are joining gyms in greater numbers every day, and this trend has only increased in decades, losing a label of a fad a long time ago. Health insurers and employers encourage these healthy decisions by subsidizing or reimbursing membership fees, in hopes of curtailing medical costs down the road. Customers have incentives and even subsidies to come to your business. How many businesses get such a benefit?
Proven successful in an ever-growing market, Sports/Fitness franchises are recession proof and easily produce net incomes of mid to high-mid six-figures for their owners. From in-home coach-trained workouts to stand-alone storefronts, these business models start as little as $75,000.
According to Euromonitor International, the global market for health and wellness offerings reached $686 billion in 2016 and it is expected to grow to $815 billion, by 2021.