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The fitness sector has seen rapid growth over recent years leading to the rise of fitness franchises for sale.
There are now around 9 million fitness clubs in the UK. This trend is set to grow as more people enjoy keeping themselves fit. Many fitness clubs now remain open 24 hours a day plus have flexible memberships to enable people working shifts or unsociable hours to keep to their fitness regime.
It's not all about gym franchises, though. There are many fitness franchise opportunities available in the UK. Some of these include swimming, yoga, football, rugby & even martial arts and self-defense fitness franchises.
There are even franchises that offer ballet classes & dance classes for children, an excellent way to combat the child obesity problem by making exercise fun.
With growing obesity & diabetes among adults & children, the growing fitness trend & business is a positive sign for people's health. With the strong media focus on fitness & health franchises generally, this is an industry trend that's set to continue.
Why buy a fitness franchise for sale?
Why is it worth investing in a fitness franchise in particular? Because the gyms and fitness centres industry in the UK is worth over a billion pounds as of 2022. That market size will likely increase by 32.5 percent this year.
You'll have to do a little homework about fitness franchising, however. That's why we have everything you need to know about running a fitness franchise right here.
What Is a Fitness Franchise?
Before jumping on a fitness franchise opportunity, let's explain what it means to start a gym franchise. Unlike starting a business from scratch, a fitness franchise business gives you the blueprint.
You don't need to develop a marketing plan, design a logo, or figure out a target audience. Starting a fitness franchise means all these features are built-in for you.
Your responsibilities focus on the day-to-day operations of the fitness franchise.
Am I Qualified for Buying A Gym Franchise?
So, you want to buy a fitness franchise. But, before you do anything else, see if you meet the requirements of all your fitness franchise opportunities.
Business savvy aside, what is your credit score like? How about your liquid assets? Remember that buying a fitness franchise will cost you thousands of pounds.
If you can only afford budget fitness franchises, you still have plenty of options for low-cost fitness franchises. For example, the Curves franchise, which costs a minimum of £37,500, is of the many cheap fitness franchises.
Gym Franchises to Buy
Ready to find a fitness franchise for sale? We've compiled this quick fitness franchise list:
- The Sports Works
- The Fitness Space
- Electro Bike
- Kieser Training
Check out our fitness franchise directory for more fitness and health franchises. All the fitness franchise businesses on our list include addresses and contact information.
If these fitness franchises in the UK look pretty different, that's because they are. Some of them are health and fitness franchises, too:
- Children's fitness
- Sports Therapy
- Personal trainer
- Outdoor fitness
As you can see, there are more than gym franchise businesses. We'll still help you find a gym franchise for sale if that's what you're looking for, in any case.
Research Profitable Gym Franchises
Now that you've looked into a few fitness franchises to buy, do a deeper analysis of this franchise. Start by getting in touch with the company and asking them these questions:
- What ongoing costs would I need to pay?
- How do I get training for this position?
- Other than the franchise fee, what additional start-up costs are there?
- Who is my competition?
After you figure out a fitness franchise to buy, you'll still need to determine the location. To do so, ask a few questions:
- What is this franchise's target demographic?
- What is a convenient location for this demographic?
- What's the crime like in the area?
- What is the foot traffic like here?
What types of fitness franchises are available?
The good thing about investing in fitness franchise businesses is that there are many different options in the fitness franchising industry. Another perk of investing in a fitness franchise business for sale is choosing a way of working that would fit your needs best. So it's all a matter of which fitness franchise you think would suit you best and what you are looking for. At Franchise UK, we offer a vast and diverse range of opportunities in the fitness industry, so we highly recommend you browse our complete list of fitness franchises to decide which opportunity would be best for you.
Facts around the fitness industry in the UK
We will now list some statistics below that have recently been collected around the fitness industry. We hope these statistics can give you a clearer idea around the fitness industry in the UK and find out whether it will be a stable business decision for you for years to come since even though running a franchise, you need passion, you also need to think about longevity in any investment.
- Did you know 300,000 people in the UK join a gym each year.
- The fitness industry contributes £5 billion to the UK each year.
- From 2010 to 2020, the gym industry has grown by 33%.
- Gym members have gone up by 3 million in the UK between 2010 to 2019.
What do these statistics show for the fitness industry?
These statistics do not just show that the fitness industry is massive in the UK. They also have shown growth, which is constantly growing in the UK. Since every year, there is an increase of people with obesity, so the fitness industry in the UK is constantly thriving.
Where to find more information about the fitness industry?
If you think that investing in a fitness franchise would be right for you but are wondering where to get more information about the fitness industry, I recommend browsing through our franchising blog at Franchise UK, which gives out free information around many different industries. This is perfect for anyone serious about running their own franchise but needs more information because market research plays a crucial factor in business success when making a business decision. If you are unsure whether investing in a fitness franchise would be right for you but looking for information around a few different industries, our blog should also help you since it provides free information on almost every sector you could think of.
The Benefits Of Buying An Existing Fitness Business For Sale
Fitness Businesses For Sale, or Fitness Business Opportunities. This begs the question – why should you buy an existing fitness business? Well, as long as you’re looking to start your own fitness business from scratch, chances are that you have tried and failed at this one time or another. Buying an existing fitness business for sale gives you access to the best parts of running your own business without having to build everything from scratch.
Main pros of buying a fitness business for sale
Before we go into the pros of buying a fitness business for sale. There are a number of things to consider when evaluating a potential fitness business purchase. First and foremost, be sure to check out the gym’s operating documents. In most cases, if a club is profitable, the owner will want to keep his/her proprietary business information under wraps and may not let you see the financial records (these are generally disclosed in public filings). Although it’s always preferable to have access to actual financials, sometimes no other option but signing a confidentiality agreement with the seller is available. Continue reading to find out the 3 main pros of investing in an existing fitness business for sale.
1) Brand recognition from day one
If you're starting a new business, building brand recognition from day one is going to be a challenge. Many clients won't even recognize your name if you've never worked with them before, much less remember that they’ve never worked with you. With an existing fitness business for sale , you benefit from having pre-existing brand recognition so clients are already aware of who you are and what value you provide, giving them an incentive to try your services.
2) Support is provided
Starting your own fitness business isn’t easy. It requires a lot of hard work, lots of motivation and a ton of patience. Although there are many benefits to starting your own fitness business, some find that it isn’t worth all that hassle—especially if you want to make money quickly or don’t have enough time to dedicate yourself to helping others achieve their goals. However, if you really want to pursue a career in fitness and are tired of not making any progress with your goals, it might be time for you to consider buying an existing fitness business for sale. Once you do so, all those benefits that come from owning a small business will be yours—but without all that work!
3) Marketing support is provided
Because existing fitness businesses already have a client base and are generating income, they’re also much easier to market. Rather than having to start from scratch, you can simply focus on reinforcing what’s already in place. This includes providing value for your current customers and making sure that any new advertising efforts result in growing revenues rather than just attracting more people who don’t buy. If you’re interested in opening a new fitness business, but would prefer to buy an existing one rather than building it yourself, here are some of your options.
Most popular types of fitness business opportunities in the UK
If you’re thinking about buying a franchise, then it can be really useful to know what kinds of fitness business opportunities are available. This is because some kinds of businesses suit certain people better than others. Some types of fitness businesses also have a more established reputation in terms of their popularity, revenue and so on. Below we list the most popular fitness industries for new investors looking to jump into the fitness industry.
1) Gym Businesses For Sale
There are many gyms for sale out there. Gyms are also popular among potential buyers, thanks to their relatively low capital requirements and high demand. These two factors have made them very attractive both to potential sellers and purchasers looking for an area with a good return on investment (ROI). If you're thinking about buying a gym business for sale or are just starting out and want some advice, find more about gym franchise businesses for sale at our blog.
2) Weight Loss Businesses For Sale
There are fitness businesses for sale in every city and town across the UK, many of which don’t require certification or education. If you want to work with limited risk and little overhead costs, a pre-existing weight loss class business may be an excellent option for you.
3) Yoga Businesses For Sale
Yoga businesses for sale are a great way to get started in the fitness industry. Yoga continues to grow in popularity and has become increasingly mainstream. With little marketing required, a yoga business opportunity is easy to get off the ground. That said, yoga businesses do require a large number of clients in order to break even—so if you don’t live in an area where there are tons of potential clients, it may not be right for you since in business location is key.
Browse our list of fitness franchises for sale at Franchise UK
Browse our list of fitness franchises for sale at Franchise UK. If you are interested in buying a fitness franchise business browse our list today. Fitness franchise opportunities are an extremely popular choice among new entrepreneurs who are looking to build a high-income stream while operating their own businesses.
Start a Fitness Franchise Today
Its explosion in popularity has led many people to the fitness franchise craze. Everywhere you look is a fitness franchise opportunity. So if you're passionate about fitness, it's time to buy a gym franchise.
Ready to find the best fitness franchises? Browse our entire fitness franchises for sale directory, providing a list of the most profitable fitness franchises