Is the little gym a franchise?

Asked by: Michelle Rothgeb

Founded in 1976, The Little Gym® is now the leading children’s enrichment company and offers a unique business franchise opportunity. Over the past four decades, The Little Gym programs have helped millions of kids experience the thrill of achievement, develop new skills, and find new confidence.

What is the cheapest gym franchise to own?

With the below information, you can choose the cheapest gym franchise opportunity for you.

• 4.1 Jazzercise Inc. Initial franchise fee: $1,250. …
• 4.2 GymGuyz. Initial franchise fee: $40,000. …
• 4.3 9Round. Initial franchise fee: $5,000. …
• 4.4 F45 Training. …
• 4.5 Anytime Fitness. …
• 4.6 Burn Boot Camp. …
• 4.7 Snap Fitness. …
• 4.8 Club Pilates.

What is the most profitable gym franchise?

If a fitness business with a franchise sounds good, here’s nine of the most promising options for a gym franchise.
Let’s get started.

1. Anytime Fitness. …
2. Orangetheory Fitness. …
3. Planet Fitness. …
4. Crunch Fitness. …
5. Pure Barre. …
6. The Bar Method. …
7. UFC Gym. …
8. Jazzercise Inc.

How many locations does the little gym have?

Forty-five years later, children in more than 300 locations worldwide experience the Serious Fun of The Little Gym.

What is the fastest growing gym franchise?

Anytime Fitness is the fastest-growing gym franchise in the world, averaging 300 new gyms per year while serving 4.2 million members at more than 4,800 gyms and is the only franchise of any kind to have locations on all seven continents.

Do gym owners make money?

How Much Money Can Gym Owners Make? As of January 14, 2021, ZipRecruiter reports the normal yearly compensation for an Exercise Center Proprietor in the U.S. is $65,685 per year. This breaks down to $1,263/week or $5,474/month. ZipRecruiter also indicates yearly salaries to be as high as $224,500 and as low as $15,500.

Do gym franchises make money?

Yes, fitness franchises offer great profits but not as much as you might think. According to Investopedia, most franchise owners take home around $50,000 per year, but about 7% of franchise owners earn more than $250,000 per year.

Is a gym franchise a good idea?

Hence, it’s normal, even crucial, to verify if gym franchises are a good investment. Are franchises a good investment? The answer is a resounding yes. Research reveals that franchise businesses have over 90% success rate and can last longer compared to startups.

What is the largest fitness franchise?

Anytime Fitness

Self Esteem Brands (SEB) is the parent company of Anytime Fitness (the world’s largest fitness franchise), Basecamp Fitness, The Bar Method and Waxing the City. Combined, most of our more than 5,000 franchise locations are locally operated across 32 countries worldwide by independent, small business owners.

How much does it cost to open a gym?

Think somewhere between $10,000 for a personal studio to $50,000 for a fully-equipped commercial gym. Be sure to shop around—and keep in mind you can often get a discount if you purchase the equipment in sets as a complete package. Certifications – having a professional, certified staff is a big plus.

Can you buy a Planet Fitness franchise?

Planet Fitness’s franchise fee is $10,000 for a 10-year renewable agreement, though the total investment ranges from $700,000 to $3.8 Million. Franchisees must also pay a 5% ongoing royalty fee on all sales to Planet Fitness. To open a gym, a franchisee must have of $3 million with $1,500,000 in liquid assets.

Is Anytime Fitness franchise profitable?

The average Anytime Fitness location brings in about $441,116 in revenue per year, but a franchise owner can expect to make about $114,000 in profit after expenses. Anytime Fitness is the world’s fastest-growing fitness club, according to the International Health, Racquet and Sportsclub Association.

Who owns the most Anytime Fitness locations?

Self Esteem Brands (SEB) is the parent company of Anytime Fitness (the world’s largest fitness franchise), Basecamp Fitness, The Bar Method and Waxing the City. Combined, most of our more than 4,700 franchise locations are locally operated across 30 countries worldwide by independent, small business owners.

How does Anytime Fitness make money?

How does an Anytime Fitness club create revenue? The majority of your revenue will come from membership sales. We will recommend a monthly dues program with a one-time enrollment fee. Each member has the option to pay in full or pay dues each month via EFT (Electronic Funds Transfer).

Why is Anytime Fitness so successful?

A primary reason Anytime Fitness has thrived in such a competitive industry is its efficient business model, which benefits gym members and owners alike, regardless of where the gyms are located.

Is Anytime Fitness successful?

Ranked #1 on Entrepreneur’s prestigious Top Global Franchise list, Anytime Fitness is the fastestgrowing gym franchise in the world, with more than 3,000 gyms serving nearly 3,000,000 members on five continents.

Who is Anytime Fitness target audience?

18 to 29-year-olds

Informing campaign messaging was a deep dive research program into Anytime Fitness’ target consumer demographic of 18 to 29-year-olds aimed at understanding what makes them tick, what they value, how they’re consuming media, communication preferences and more.

Who is Anytime Fitness target market?

We targeted a broad audience focusing on male and females aged 18-45 who are interested in fitness and strength training and are within 3 miles of the gym.

What gym has the most locations?

Anytime Fitness:
This is my top pick for gym chains for travelers. You’ll have access to more than 3,000 locations worldwide, more than any other chain.

How many locations does Anytime Fitness have?

Anytime Fitness

How many Anytime Fitness locations are there 2021?

Anytime Fitness has more than 4,000 franchise locations on all seven continents – more than half outside the United States in more than 30 countries. Entrepreneur released its full 2021 Franchise 500 list in January.

When was Anytime Fitness founded?

Anytime Fitness is an American gym franchise that was co-founded in 2002 by Dave Mortensen and Chuck Runyon. The Anytime fitness concept is based on providing a warm, friendly workout environment and 24/7 gym access at affordable prices to people who live or work nearby.

How do I quit Anytime Fitness?

In order to cancel your membership, you’ll have to:

1. Review your Membership Agreement before you contact your home club.
2. Pay attention to the specific cancellation policy regarding your state.
3. Find the contact information for your local club using the Club Locator.
4. Visit your local club and follow their instructions.

Is Anytime Fitness a publicly traded company?

Self Esteem Brands Applauds Successful Initial Public Offering (IPO) of Anytime Fitness Master Franchisee on Tokyo Stock Exchange | Business Wire.