Hybrid Fitness is a unique gym and fitness franchise that combines the flexible, personal approach of high-end fitness centres with high-quality fitness classes designed to meet the requirements of local members.
If you’re interested in opening a gym or fitness centre franchise, a Hybrid Fitness gym could help you capitalise on the 19% of UK citizens already planning on joining a gym in the next twelve months. Let’s take a look at what the Hybrid Fitness model looks like and what costs and fees franchisees have to pay when working with Hybrid Fitness.
The Benefits and Opportunities of Becoming
a Hybrid Fitness franchise owner
Hybrid Fitness operates with a unique results-driven model that allows franchise owners to tailor their gym to local needs. This allows franchisees to manage gyms in a way that maximises profitability and retains the most members. Some of the benefits of Hybrid Fitness gym franchise opportunities are:
- Enjoy greater control over how you run your Hybrid Fitness franchise, selecting the training classes and gym equipment that you think will prove most popular in your area
- Cater your gym space to your audience’s needs, with flexible site spaces available from 2000-10,000 sq ft, allowing you to select premises that meet your vision
- Get full support with all aspects of your Hybrid Fitness franchise from property search through to design and build, finance, recruitment, marketing, training, operations and back-end support
- Get started with a relatively low barrier to entry for a fitness franchise with a minimum investment of just £60,000 + fees and return on investment by year 3
- Position yourself in the market as a results-driven, inclusive and dynamic gym tailored to your local clientele and designed around the needs of the individual
- Maximise returns with a business model aimed to optimise retention, streamline staffing requirements, and make operations more cost-effective.
- Appeal to a broad customer base to increase revenue with affordable memberships, a community feel and a varied training environment.
How does the Hybrid Fitness Gym franchise model work?
1. The 4 P’s
Like all gym franchises, Hybrid Fitness offers its franchisees numerous benefits in the form of support, marketing assistance, and business planning. They call this the 4 P’s:
Property:
The Hybrid Fitness franchise team will assist you in finding, negotiating, and securing a suitable property for your club, ensuring a strong start.
People:
Hybrid Fitness provides tailored training programs to meet franchisees’ specific needs, supporting you from the planning stage onward. Ongoing training is available for your entire team, from sales and operations to personal trainers and class delivery.
Planning:
Attention to detail is crucial, and the Hybrid Fitness franchise leaves no stone unturned in planning your club. They offer support in creating a comprehensive business plan and projection model, ensuring your complete satisfaction with every aspect of your club’s success.
Performance:
The franchise’s customised IT system and defined performance indicators allow them to continuously measure your Hybrid Fitness club and team’s performance, swiftly identifying and addressing any issues to provide the necessary support.
With this support, Hybrid Fitness aims to give its franchisees the best chance of creating a profitable business as possible. The franchise sets itself apart from its competitors with its ‘one membership, all access’ philosophy, which means that members of Hybrid Fitness clubs benefit from all of the services that clubs have to offer under a single, simple membership tier.
This maximises member retention because there’s more on offer at Hybrid Fitness, and because each gym’s offerings are tailored to the needs of its members. Despite this, the monthly membership fee at Hybrid Fitness is much less than that of many specialist gyms and fitness centres.
2. Hybrid Fitness franchise requirements
Before you can start a Hybrid Fitness franchise, you’ll have to prove that you meet the minimum Hybrid Fitness franchise requirements set out by the franchisor. These include:
- You must be able to pay the Hybrid Fitness franchise fees of £20,000 and the minimum investment of £60,000
- You must show that you’re willing to work within the guidelines of the Hybrid Fitness franchise agreement
- You must convince the Hybrid Fitness group that you’re a good fit for the brand and that you’re motivated to make sure your club succeeds
3. Minimum cost to buy and own a Hybrid Fitness franchise
Hybrid Fitness outlines a total minimum franchise investment of £175,000. This will include a franchise startup fee as well as a Hybrid Fitness investment into your new gym: building costs, equipment costs, signage and other costs will all be included in this figure.
Hybrid Fitness only gives further information about the cost of starting a Hybrid Fitness franchise to interested parties who have signed an NDA. Investors with more to spend may also be able to take on multi-unit Hybrid Fitness gym franchise opportunities.
4. Initial Hybrid Fitness franchise startup fees
The Hybrid Fitness franchise startup cost includes an initial startup fee of £20,000, while the total Hybrid Fitness franchise cost is likely to be closer to £175,000. Most Hybrid Fitness franchise gyms make a return on their initial investment after around three years, although this number will vary between franchises and owners.
5. Expected Hybrid Fitness gym franchise revenue
Estimates suggest that the expected revenue of Hybrid Fitness franchise gyms after two years is around £250,000. This figure will reflect the expected annual revenue of a Hybrid Fitness gym after two years of operation, with earlier annual revenues generally expected to be lower.
£250,000 per year translates to a rough monthly average revenue of £20,833. At an average membership cost of £23.99 a month, Hybrid Fitness gyms would have to have around 870 members to make this much money in revenue on a monthly basis.
6. Costs associated with running a Hybrid Fitness gym franchise
Not all of the £250,000 revenue that a Hybrid Fitness gym makes is profit. The owner of a Hybrid Fitness gym franchise will also have to pay running costs that cover ground rent, utilities, staff costs, and repair and maintenance costs. The monthly Hybrid Fitness franchise startup cost total will include:
- Royalty fees paid to Hybrid Fitness of 8%
- Facility rent and utilities
- Staff wages
Some gym franchises may charge other fees including a marketing fee, but it’s not clear whether Hybrid Fitness charges a marketing fee on top of royalty fees or not.
7. Predicted average profit of a Hybrid Fitness franchise owner
It’s possible to calculate the Hybrid Fitness franchise owner’s average profit by subtracting the cost of running a Hybrid Fitness franchise from the average Hybrid Fitness franchise revenue.
After covering royalty fees of 8% and the other costs associated with running a high-end fitness centre, it’s likely that the average income of a Hybrid Fitness gym franchise owner is around £60,000 a year. This figure aligns with the claim that most Hybrid Fitness franchisees make a return on their investment after around three years.
A Look at the Hybrid Fitness gym franchise agreement and Policies
When you sign a contract to become a Hybrid Fitness gym franchise owner, you’ll also have to agree to various terms and conditions laid out in the Hybrid Fitness franchise agreement. These terms may dictate where you can open your new gym, how you must operate it, and any other obligations you have.
1. Location
Hybrid Fitness has made it clear that they’re interested in launching new fitness centres across the UK, so investors will likely have plenty of choices when it comes to choosing a location. However, it’s important to check that your chosen site isn’t too close to an existing Hybrid Fitness facility, of which eight are currently in the UK.
These gyms are primarily located around London, with others in areas like Loughborough and Hove.
2. Management
Hybrid Fitness offers relatively high flexibility to its franchise owners when it comes to managing and running fitness facilities. Franchise owners may use their own judgement and research to decide what type of facilities, amenities, classes, and equipment will be most popular with customers in their local area.
Effectively, this means that Hybrid Fitness gym owners have more control over the type of gym they manage than many other franchisees.
What are the Hybrid Fitness franchise terms
of agreement and renewal?
The Hybrid Fitness franchise offers an initial five-year agreement, after which franchisees may choose to renew their agreement with no additional fee. The new franchise agreement may be the same as the original or it may be updated in line with the company’s new terms.
Are you a good fit for the Hybrid Fitness franchise?
As well as considering whether the Hybrid Fitness franchise is a good fit for your goals, consider whether you have the personal qualities and objectives that will make you an attractive candidate to the franchisor.
Hybrid Fitness is looking for candidates who are motivated and entrepreneurial, and experience working in the fitness industry might be helpful but it is not a requirement for becoming a Hybrid Fitness franchise owner.
The process of taking on a Hybrid Fitness franchise
If you want to take on a Hybrid Fitness franchise, the process will look something like this:
1. Initial meeting
The first time you meet with representatives from Hybrid Fitness is the chance for both you and the franchisor to decide whether you’ll be a good fit for the brand. Do your research and make sure that Hybrid Fitness is the right brand for you because you’ll have to play an active role in the management of your fitness centre before and after launch.
2. Invest
If you and Hybrid Fitness are both satisfied with the partnership, you’ll sign the terms of the agreement and invest your money into the new business. The total Hybrid Fitness franchise startup cost should be set out in the agreement that you sign.
3. Business planning
At this stage, you will work closely with Hybrid Fitness to choose a site for your new gym, design your new studio, and put together a business plan that outlines your gym’s business model, target audience, and other details.
4. Marketing
Before you launch your new gym, you’ll have to spend time marketing locally. You’ll benefit from the national marketing campaigns that are organised by the Hybrid Fitness group, but you’ll be responsible for the local marketing drive to secure members before launch day.
5. Launch
Finally, you’ll launch your new gym. By this point, you’ll have undergone management training to help you in the day-to-day running of the gym, and you’ll hopefully have hired a group of motivated, experienced trainers to help you run classes and training sessions for your members.
Conclusion
Hybrid Fitness is a relatively small gym franchise brand in the UK with plans to grow over the coming years. Investors wanting to work with a gym franchise that will allow them to retain maximum control over the way they run their business may want to consider opening a Hybrid Fitness franchise.
The cost to open a Hybrid Fitness franchise is relatively standard within the market, and investors often start to see returns on their investment by the fourth year of operation.
FAQs
If you want to know more about opening a Hybrid Fitness franchise in the UK, read some of our most frequently asked questions below.
1. How to start a Hybrid Fitness franchise?
To start your own Hybrid Fitness franchise:
- Check whether you meet the minimum requirements for a Hybrid Fitness franchisee and make sure you can pay the Hybrid Fitness gym franchise price
- Contact the franchisor to agree on Hybrid Fitness Gym franchise fees and discuss your contract
- Choose a site for your new gym, taking into consideration competitor gyms and the local market conditions
- Attend Hybrid Fitness training courses and business planning meetings
- Market your new studio and hire staff members in preparation for launch day
- Launch your gym and build your brand locally
2. How much does owning a Hybrid Fitness franchise cost?
The total cost to buy and own a Hybrid Fitness gym franchise is around £175,000, although there will obviously be additional running costs that Hybrid Fitness franchise owners will pay on an ongoing basis.
3. Is a Hybrid Fitness franchise profitable?
It’s estimated that the Hybrid Fitness franchise owner’s average profit is healthy enough that investors secure a full return on their investment within three years of opening a Hybrid Fitness gym. It’s likely that most Hybrid Fitness franchisees do make a profit in time, though whether or not this profit yields a high enough ROI for you is a personal choice.
4. What questions to ask when buying a Hybrid Fitness gym franchise?
If you’re considering buying a Hybrid Fitness gym franchise, make sure you ask the right questions to find out everything you need to know before you commit:
- What is the total Hybrid Fitness franchise cost of investment?
- What support will I receive from Hybrid Fitness and when?
- When can I put up my Hybrid Fitness franchise for sale?
- What are the benefits of owning a Hybrid Fitness franchise?
