Fitness Franchise Business Opportunity
Yet more and more Americans are finding that weight loss success
is not only within their grasp, but also actually easier to
achieve than they thought possible.
Due to the rapid growth of women-only circuit-training gyms,
women in particular are finding that weight loss is an
achievable goal. Workouts just for women have become a common
sight from sea to shining sea, with the International Health,
Racquet & Sportsclub Association reporting that as of July 2005
there were 26,046 health clubs in the United States (a 10.8
percent increase from just six months previous). Women-only
circuit training clubs account for more than one out of every
three fitness centers in the nation.
Sales at fitness clubs have also been on the rise. In January
2003, the latest figures available, the industry collectively
took in $14.1 billion in revenue, a jump from $13.1 billion a
year earlier.
Why has the women-only circuit-training exercise model worked so
well? The short answer is that it works. Circuit training is a
proven exercise system that, for many women, has proven to be
more effective than dieting or nutrition programs alone.
The routine at these ladies express gyms is quick and simple,
allowing each woman to progress at her own pace. The ladies
exercise in a circle, each at a station. They spend 30 or 45
seconds at each station, either working a hydraulic resistance
machine or doing aerobics. The entire routine takes 30 minutes.
Pick Up The Pace is one such gym for women that has carefully
tracked the success of its members for years. Deanna S., a
member of Pick Up The Pace in Libby, MT, lost 14.75 inches in
just one month. Kim M. reduced her body-fat by 4.2 percent in
just one month at Pick Up The Pace, while at the same time
losing 10.75 pounds of fat.
With results like these, it's easy to see why this fitness
center concept has skyrocketed in popularity with today's
average woman. For perhaps the first time in their lives, women
are finding that it's possible to slim down and tone up in only
30 minutes each day.
What many women see as just a great way to achieve some quick
weight loss, others see as a business opportunity. Despite the
incredible growth of these hydraulic gyms, there seems to be no
shortage of customers. As reported by CNN on 1-14-05 "Americans
were expected to spend more than $40 billion in 2004 on weight
control pills, gym memberships, diet plans and related foods,
estimates Marketdata Enterprises, which studies the weight loss
industry." Furthermore, statistics from the Centers for Disease
Control and Prevention (CDC) indicate that 80 percent of
overweight individuals and almost 87 percent of obese
individuals are trying to lose or maintain their weight.
As reported by mygoals.com, 80 percent of Americans made a New
Year's resolution in 2005. A whopping 26 percent of those
resolutions were to improve overall health and fitness, making
this the top category for self-improvement. This year was no
anomaly, either, according to Amy O'Connor, deputy editor of
Prevention magazine: "Fifty-nine million people every year
resolve to lose weight."
With so many potential customers, many women seek to start their
own circuit-training business only to find themselves
discouraged by the typical franchise opportunity. They're
finding that a hydraulic gym franchise such as Curves for Women
can be expensive, restrictive, and sometimes difficult to
purchase.
According to the International Franchise Association, one of the
women-only workout franchises recently announced that they are
raising their franchise fee from $9,995 to $12,500. Another
franchise package costs anywhere from $85,000 to $225,000,
including a $36,000 franchise fee and startup cost. Monthly
franchise royalty payments, which can range from $395 to $590
per month, place an additional burden on the franchisee.
Assuming that the franchise agreement permits the buyer to use
the franchise name for 10 years, the gym owner will be paying
approximately $60,000 in royalty payments over the franchise
term. These figures can scare off many would-be health club
owners.
Many women who do opt to open a circuit-training franchise find
that the franchise agreement does not grant them the liberty to
add amenities as they wish. Many franchise operations restrict
their fitness centers by not allowing them to add tanning,
nutrition counseling, supplements, vitamins, massage therapy,
body wraps or other extras for which ladies are clamoring.
Relying on good old American made ingenuity, many women
entrepreneurs are choosing to either open a completely
independent workout center or opt for a license package. While
going independent carries the inherent risk of having to
reinvent the wheel, it still may be the best option for some
women. The other option is to capture most of the benefits of a
franchise while at the same time avoiding the financial burdens
of that system. This is done with a license package, such as the
one offered by Pick Up The Pace 30-Minute Workout For Women.
For many women, getting fit, slender and in shape themselves has
not only been good for their health but has also prompted them
to enter the fitness market as a gym owner. With obesity rates
still climbing, this is a trend that may continue for years to
come.
About the author:
* Tracie Johanson is the founder of Pick Up The Pace, a
30-minute exercise studio for women, focusing on fitness, health
and nutrition for maximum weight loss. Please visit
http://www.letspickupthepace.com/ for more information.