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How much will my gym franchise cost?

How Much Will My Gym Franchise Cost?

So you’ve been saving up your money and you’re looking for some more professional and business freedom. You want to open up a Franchise and start a new career. Great! You’re passionate and interested in the fitness industry and you know that due to its massive popularity, buying a Gym Franchise can be a great investment. There’s just one question that’s bothering you: how much will my gym franchise cost?

This is a very common and salient question. On the surface, this can be quite daunting. When one thinks of all the equipment needed, employees required, and the size of the space necessary to accommodate a fitness center, one could be forgiven for thinking that the initial setup costs will be astronomical. But the fact is, the costs are not astronomical and actually compare very favorably with other possible franchises one could purchase. This article will explain why a gym franchise is well worth the initial outlay and help to answer that question: how much will my gym franchise cost?

 Size

One of the first things to consider is the size of a gym. A gym is one of the largest commercial spaces that are commonly required. And of course, the larger a commercial space the more it will cost and it’s not always easy to find a space the size of what you need. But this is no reason to run away from the idea of owning a gym franchise.  A detailed discussion about the size of space needed for your Energy Fitness franchise should be scheduled so you can begin to understand what that real estate cost looks like in your territory.

 The Energy Team

If you’re looking to join the Energy Fitness family, the Energy Team will help you along with every step of the process, including finding a suitable space in your area. Furthermore, the compact size of our full service model makes it a much easier task to find a location than it might be with some other franchises. Typically, our clubs at Energy range from 8000-12000 square feet.

 Initial Investment

When people wonder about how much their gym franchise will cost, they often focus on the initial outlay, and understandably so. With Energy, the typical total investment is between $350,000 and $1,225,000. In addition to this, we recommend franchisees have $250,000 liquid and $1,000,000 net worth (all partners combined).

It is important for any entrepreneur to understand the initial capital investment before deciding to purchase a franchise.  Combine that with Energy’s proven track record and unique model, and you will be well on your way to realizing your dream of owning a gym franchise.

 Protection

At Energy, we understand the appeal of purchasing a gym franchise: protection and belonging. You want autonomy but also to be part of something bigger. At Energy you are part of a growing network of Franchise owners just like you who that are part of the Energy family. Personal relationships and earning our customers’ loyalty is the name of our game.  Based on our strong relationships with customers, our clubs generate over 50% of our revenue through our outstanding 1 on 1 personal training programs.

Conclusion

And there you have it, the answer to your question, “How much will my gym franchise cost?”
Well, now you know. And the real question becomes, “How much can I earn from my gym franchise?”
To get that answer, we encourage you to fill out our Franchise Information form so we can send you the necessary documentation and help you learn more.
To find out more, click here!

The post How much will my gym franchise cost? appeared first on Energy Premier Fitness Experience.



This post first appeared on 4 Reasons Why Energy Is One Of The Top Fitness Franchises, please read the originial post: here

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