Among other top New Year’s goals — learning a new hobby, curbing bad habits, saving more money — many of the top New Year’s resolutions are gym-related. Whether the goal is to lose weight, build muscle, or simply embrace a healthier lifestyle, the gym often comes into play at the beginning of the year. We applaud everyone who embarks on their own fitness journey (New Year’s resolution or not!), but there are other gym-related New Year’s resolutions that can be just as life-changing.
Financial Benefits of Owning a Gym
Owning a gym is the perfect business opportunity for someone who is passionate about fitness and ready to be their own boss. The fitness market is nearly a $13 billion dollar industry. As more and more people make their health and fitness a top priority, we only expect that number to grow in the next few years.
The financial benefits of owning a gym become even easier to forecast when owning a gym franchise. For example, at BODYBAR Pilates, a Pilates studio franchise built around non-traditional reformer Pilates, gym franchise owners can expect around $566k in gross annual sales, a 30% anticipated profit margin, and a return on investment in less than three years.
Owning a gym also provides fitness entrepreneurs with a way to make money in an industry they’re passionate about while building a positive community and culture. At BODYBAR, our franchisees build strong relationships with their members through passion, kindness, and empathy, which helps build the community and brand loyalty, ultimately setting the franchisee up for success.
A Life-Changing Opportunity
At the end of the day, we’re all looking to take our lives into our own hands. For those who are passionate about fitness, there’s no better way to do that than by combining your passion with business savvy and owning a gym.
If you’re interested in owning a gym franchise with a quick ROI and strong potential profit margin, connect with us today to learn about BODYBAR! We’re looking for leaders with strong management skills and an appreciation for fitness.