{"id":1004,"date":"2023-06-14T08:55:53","date_gmt":"2023-06-14T07:55:53","guid":{"rendered":"https:\/\/hitsona.com\/?p=1004"},"modified":"2023-07-28T17:32:02","modified_gmt":"2023-07-28T16:32:02","slug":"is-owning-a-gym-fitness-franchise-profitable","status":"publish","type":"post","link":"https:\/\/hitsona.com\/blog\/is-owning-a-gym-fitness-franchise-profitable\/","title":{"rendered":"Is Owning a Gym or Fitness Franchise Profitable? – A Deep Dive"},"content":{"rendered":"

There are over 7,000 health clubs operating across the UK, sharing over 10 million members between them. Gym and fitness franchises<\/a> are becoming increasingly popular with investors wanting to benefit from a market that\u2019s growing all around the world, and there are dozens of fitness franchises in the UK to choose from.<\/p>\n

The vast majority of gym franchises in the UK are profitable, and only about 2% of gym franchises in the UK fail, which compares very favourably with starting your own non-franchised fitness centre. But how profitable are fitness franchises, what are the opening costs<\/a>, and how do these profit margins differ between franchises?<\/p>\n

In this article, we\u2019ll take a deep dive into gym franchise profit margins and identify the most profitable fitness franchises in the UK today.<\/p>\n

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Is owning a gym or fitness franchise profitable?<\/strong><\/h2>\n

\"gym<\/p>\n

According to a survey by the British Franchise Association conducted in 2018, 93% of gym franchises<\/a> are profitable. But the profit margins of different franchises can vary significantly, as can the profits of individual gym franchise owners within a single brand.<\/p>\n

One study estimates that the average revenue of a gym in the UK is \u00a3708,000<\/a> per year, which equates to \u00a359,000 per month. But with profit margins ranging between 15% and 73%, the amount of this revenue that gym owners hold onto can vary massively from franchise to franchise.<\/p>\n

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The biggest gym and fitness centre revenue streams<\/strong><\/h2>\n

\"gym<\/p>\n

Out of this total revenue, around 60 to 80%<\/a> comes from gym membership fees. The rest of a gym\u2019s revenue comes from other sources, including pay-as-you-go classes, product sales, and complementary services. Exactly how much money a fitness franchise makes from different revenue streams will depend entirely on the business model of the franchise and the spending habits of the gym\u2019s members.<\/p>\n

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1. Gym Membership fees<\/strong><\/h3>\n

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It\u2019s no surprise that the biggest revenue stream for most gyms and fitness centres is membership fees, but the way in which a franchise structures its membership fees can have a significant impact on revenue and profit.<\/p>\n

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Some examples of standard membership fees for gyms in the UK – although rates vary between individual gyms – are:<\/strong><\/p>\n

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