A gym franchise is the licensing or selling from an existing well established gym the rights to use their name, logo and business model. It is a way of a well establish gym to expand without putting forth the investment to create a chain of gyms. The prospect or future entrepreneur has a better chance of gym ownership and success due to the training and support of the franchisor. The person desiring their own gym would have to face many obstacles and mistakes starting and running a gym from scratch on their own with no assistance. The franchisor because they experienced all the trials and errors through the years, has ironed out a full proof successful plan that can be passed along to the franchisee. Think of it like this, a person creates a successful business, runs it for years, then sells it to you. They even take it a step further by training then giving support for the life of the business. This is a win win for both parties that come into a franchise agreement. The wanna be gym owner gets his turn key gym business along with a step by step plan on how to run his business. The franchisor gets expansion of of their gym along with the brand they created.
Testimonial
I always wanted my own gym but the cost was too high going it alone or purchasing from another fitness franchise. When I saw the cost of an Extreme Gym I thought there was a catch. There was no catch and the cost was 1/3 of the next closest opportunity. Also,you have the flexibility to add other profit centers to your gym and do things that are stricken by any other franchise.
Mike H.
Sheriff Deputy Franchisee
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