According to the recently published 2018 State of the UK Fitness Industry Report, the total market value of the fitness industry grew in the last year by 2% to a huge £4.9 billion. In 2017, figures show that around £3 billion was spent by users on recreational and sporting services. Other statistics estimate that the fitness and wellness industry will grow to massive £23 billion by 2020. Finally, market research firm IBISWorld recently reported that the fitness market as a whole will grow at a rate of 150% between now and 2022. With all these great reasons, why not consider a fitness franchise?
So, all this data points to a booming and dynamic market that shows no signs of slowing anytime soon. Indeed, thanks to more scientific information about the benefits of exercise on personal health and wellbeing, more people than ever are engaging with what fitness businesses have to offer. This has been accelerated by social media, which has helped spread the word and encourage more people to get fit.
Are you a fitness enthusiast looking for a change in career path? Or are you a personal trainer looking to take your passion to the next level? You might be looking at this state of play and thinking about getting involved. Well, now’s the perfect time to take the leap and enter the fitness industry. When you own your very own fitness franchise, you gain the freedom of owning your own small business, with the support of being part of a wider business family too. With fitness franchising on the rise, let’s look at the reasons to get involved:
1.Build a Community
Your fitness franchise places you at the heart of your local community. Particularly if you live in a more rural area, you have a unique opportunity to build a completely new social community around your fitness business. One Element’s training programmes are accompanied by a full programme of social events including post-training brunches and Christmas drinks. So by founding your fitness franchise, you’ll also make new friends and grow a new community of happy, healthy individuals.
2. High-Profit Potential
Normally, setting up a fitness business comes with sizeable startup costs. These include property, investing in marketing resources and research. With a fitness franchise, your initial business outgoings are significantly lower, allowing you to turn over profits much quicker. In fact, the One Element Franchise Opportunity includes an expected revenue of £80,000 after just two years. So if you’re looking to turn a passion for fitness into a successful income, this could be the option you’ve been looking for.
3. Gain Independence
Sick of your office job and looking for a change of pace? Tired of corporate structures and want to be your own boss? Ready to grow beyond a personal trainer to become the leader of your own fitness company? A fitness franchise is no 9 to 5 job: you make your own schedule, choose your own workspace and decide on the future of your franchise, with support from HQ. If you’re a social individual that’s passionate about health and fitness and is looking for some career independence, it’s time to think seriously about a fitness franchise.
At One Element, we’ve spent over ten years developing our business model, and are offering you the chance to jump on board and launch your own fitness franchise. We’ll equip you with all the business knowledge, marketing tools and training you need to make your franchise a success. Interested? Get in touch at email@example.com to find out more!