As a nation, we are starting to think more about our health and what we put into our bodies. Therefore, it’s no surprise that the 2019 State of the UK Fitness Industry Report shows that the UK health and fitness industry is at an all-time high.
The UK Fitness Industry
The market value is healthier than it’s ever been, with the highest amount of gyms and members ever. Over the last year, the total number of people who have memberships at a gym in the UK has exceeded 10 million and the strong sector is worth over £5 billion. This equates to one in seven people in the UK being a member of a gym.
The report shows that there has been a 2.9 percent increase in the number of fitness facilities, 4.7 percent increase in the number of members and a 4.2 percent increase in market value.
Pure Gym and GLL are still the leading private and public operators respectively, based on the number of gyms and members. Last year, Pure Gym became the first health club to reach 200 centres and this year GLL joined it, with 203 gyms. In case you didn’t know, GLL is the largest operator in the UK that works in partnership with local authorities, public agencies and sport organisations. Its facilities include leisure centres, outdoor activity centres, children’s centres and libraries.
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Gym Business for Sale
So, after looking at the state of the industry, what better time to buy a gym for sale? Like with the launch of any business, there is the decision of whether to take the independent start-up route or to take the franchise route. With the former, you can often struggle to compete with businesses that have an established brand name, as building a loyal customer base takes time. Franchises can provide you with business management support and industry insights. This in turn should help get people to sign up much quicker, as well as it helping with insurance and compliance issues.
A parent company can also help you get access to discounted equipment and you can make the most of its buying power. Franchises can also help with finding the perfect venue and meeting planning requirements.
Let’s take a look at some of our most exciting gym franchise opportunities at the moment.
Fitness Space is gym network that offers a unique work out experience. With the help of top-notch facilities, technology and dedicated staff, the gym franchise creates an environment that helps customers reach their personal goals. It provides personal and small group training, yoga, fitness camps and much more. Fitness Space acknowledges the need for health clubs that provide a high-quality service at a competitive price.
Founded in 2010, Fitness Space offers a comprehensive support package that helps its franchisees make great returns. There is assistance with site selection, business and financial planning, lease negotiation and gaining funding. On top of this, you will have access to a smartphone app, bespoke CRM system, intense one-week training course, launch programme, weekly field support, intranet forum and dedicated hotline.
If you are interested in this opportunity, you will need to make a minimum investment of £75,000, and the total investment is £245,000.
The Shredquarters is committed to creating a community spirit for gym-goers and offering structured classes with diverse themes. This way, it attracts a wide range of members and no two classes are the same.
There is support with locating the premises and sourcing equipment, and recruiting and training staff. The Shredquarters also provides franchisees with a complete business management tool, a launch marketing programme and evolving course programmes that keep members interested.
Think you’ve got what it takes to earn a potential revenue of £240,000 after two years? A minimum investment of £50,000 and a total investment of £90,000 is required.
Snap Fitness 24/7
Snap Fitness 24/7 is a fitness franchise that was established in 2003 and has since expanded to more than 65 clubs in the UK. But it’s not just a success in the UK - there are over 2,000 clubs open or in development in 26 countries.
In order to attract customers and keep them satisfied, Snap Fitness 24/7 maintains tight cost controls and makes sure that the all clubs have a premium feel. More high-end facilities include stretch areas with stability bars, social spaces and vanity stations with GHD products. This helps customers feel like they are getting high-quality products and services for a low membership price. This also helps the business set itself apart from budget brands that are dominating the sector.
The fitness brand provides its franchisees with ongoing support, including with securing the right site, recruitment training, development opportunities, monthly marketing support and much more.
In order to invest, interested franchisees need to make a minimum investment of £125,000 and a total investment of £450,000.
énergie Fitness Ireland
énergie Fitness Ireland caters to every type of gym-goer, whether its beginners or pros. The impressive brand was ranked number two in the top 100 franchises rated by Elite Franchise Magazine for 2019. Since it was founded in 2003, it has established to 20 sites in Ireland and over 100 in the UK.
Your investment with this franchise will contribute to sourcing a site and lease agreements, financial management and recruiting, tax compliance, training, sales and marketing and much more.
In order to be part of this franchise you will need to make a minimum investment of £140,000. Franchise fees are £30,000.
Becky Martin, Point Franchise ©