Learn about gym franchises and their place in the fitness industry
You might be wondering what kind of industry you’ll be getting into when you invest in one of our Workout Anytime gym franchises. With so many franchising options to choose from, why are gym franchises the right choice for you right now? The exciting news is that the fitness industry is booming, and now is a better time than ever to invest.
Americans have been struggling with an obesity epidemic for years. A whopping 70% of Americans are either overweight or obese, per a 2017 report from the Centers for Disease Control (CDC). This presents a number of health-related challenges for our friends and family who are struggling with extra pounds: Type 2 diabetes, high blood pressure, heart disease, strokes, and fatty liver disease are just a few of the complications that can arise from being overweight. Even more troubling, per a report compiled by Newsweek: it is estimated that 26.5% of Americans are obese -- more than one in four! Not only does this problem impact American adults, it also affects our children: 30% of American children are classified as either overweight or obese. The rise in childhood obesity is particularly troubling, as it puts children at greater risk for developing a number of health problems throughout their lives.
It’s not surprising that we’re facing a crisis of this nature in the United States. Many of our jobs today don’t require us to be very active, and the foods that we have quick and easy access to aren’t always healthy. Workout Anytime’s gym franchises provide a valuable solution for Americans who are looking to get healthy, as well as those who are looking to stay healthy. With value-priced plans and conveniently located fitness centers, we make it simple for our customers to develop the fitness routines they need. Happily, many Americans understand the need to stay active and have helped to grow the fitness industry.
Americans understand the importance of staying fit, helping to make the fitness industry a stable one in an economy in which many businesses are facing tough competition from internet retailers. The fitness industry is now a $31 billion industry, where one in ten of those dollars comes from a franchised facility. The number of health clubs in the U.S. has increased by 26% since 2005 and continues to increase every year! There are many potential reasons for this growth, but it’s safe to say that Americans realize the importance of staying healthy and are willing to invest time and money in order to achieve, maintain, or at least aim for fitness. Now is a better time than ever to look into gym franchises if you’re thinking of getting involved in the fitness industry, and it’s never been a better time to enter the industry with a franchise. The fitness industry is predicted to grow an additional 1.5% in the coming years, but franchised fitness centers are slated to grow at twice that rate.
Part of this growth also could be attributed to millennials, who understand the importance of their long-term wellness. With growth numbers like this and the backing of the largest generation our country has ever seen, now is the time to invest in a gym franchise of your own with Workout Anytime.
Why? Because our segment is the fastest growing segment for membership sales in the fitness industry. According to research compiled by the International Health & Racquet Sports Association (IHRSA), the value segment of the industry grew 69% in the most recently reported year. That’s over 3 times the rate of high priced clubs and over 35 times that of the mid-market segment.
Now that you understand the need for fitness centers and demand for their services, who better to go into business with than a trusted name like Workout Anytime? We’ve been in business for nearly 20 years, and with well over 150 locations nationwide, we understand what it takes to help our franchise-partners develop a strong and stable fitness center. Our corporate support team has years of experience in the industry, and understands the nuances of its growth better than anyone. With features that are attractive to customers like value-priced plans, 24/7
hours, clean facilities, and convenient locations, you’ll offer in-demand fitness solutions to your community. Not to mention the valuable support we offer our franchise-partners, such as real estate assistance and flexible working hours.
As you can see, Americans have a need for the services we provide at Workout Anytime, and their investment in their better health has led our industry to see continuous growth for more than a decade.
What are you waiting for? If you’d like to learn more about gym franchises and opening a Workout Anytime location of your own, reach out to us today!