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Want to stay up to date on emerging #franchises and get The Wolf of Franchises take? Check out The Wolf Report! #franchise #franchising

What is the value of a gym on exit ??? For larger gyms ( 1000 plus members ) 4-6 times EBITDA where EBITDA is say £50K per month or £600K per year. This article gives guidance as to how to maximise the valuation. Building a small chain of 3-5 franchises in as many years is also realistic. https://lnkd.in/eDH8qNaD

Check out my 5 Essential Tips to Maximize Pre-sales Success

New year. New revenue opportunities. That's how the saying goes, right? One brand that knows something about New Year's Resolutions is Planet Fitness, one of the largest and fastest-growing fitness center franchisors and operators in the United States. With its Judgement Free Zone®, the brand enhances people’s lives and creates a healthier world by advancing physical, emotional and planet health. Fulfilling its mission requires clean and safe facilities and well-trained employees. The brand has seen exponential growth over the last few years — franchisee Glow Brands broke revenue and membership records at its 40 locations in 2022. With more people going to the gym than ever, the fitness clubs are under more pressure to provide consistent and quality client service to every member. Planet Fitness clubs were Glow Brands’ first brand to adopt Woven, consolidating administrative functions to enhance focus on customer. Woven saved Glow Brands has saved more than a quarter million dollars per year across its Planet Fitness clubs and also: 🔧 Improved club cleanliness, maintenance, and safety. ⏳ Saved club, district, and regional managers two to six hours a week. 💸 Reduced annual costs by $7,064 per location, totaling $282,560 across all of Glow Brands’ Planet Fitness clubs. 📄 Streamlined policy management by eliminating manual processes. 📲 Enabled faster maintenance and work order responses. 💬 Facilitated more efficient and standardized communication with more than 600 employees at all locations. 📈 Provided a more holistic view of club performance. Read the full case study here: https://lnkd.in/gB-8eQfZ

"5 Essential Tips for Maximizing Pre-Sale Success in Your Fitness Franchise" In the competitive world of fitness franchising, pre-sale success can make or break your business. With all the information that's out there and with the help that your franchisor provides, why are so many studios struggling to maximize profits? Below are some steps that every studio should be implementing. Some might seem obvious, but you'd be surprised how inefficiently these initiatives are implemented. 1. Know Your Audience: Understanding your target demographic is key to tailoring your pre-sale strategy. Identify their needs, preferences, and pain points to craft compelling offers that resonate with them. 2. Build a Strong Online Presence: Leverage social media platforms like Instagram and LinkedIn to create buzz around your franchise pre-sale. Engage with your audience through informative posts, engaging stories, and eye-catching reels to pique their interest. 3. Offer Irresistible Incentives: Entice potential customers with exclusive pre-sale offers and incentives. Whether it's discounted membership rates, VIP perks, or complimentary services, make sure your offers stand out from the competition. 4. Host Community Events: Foster a sense of community and belonging by hosting pre-sale events in the local area. From fitness challenges to wellness workshops, these events not only attract potential leads but also showcase the value of your franchise to the community. 5. Educate Your Team: Equip your staff with the knowledge and skills they need to effectively sell your franchise during the pre-sale phase. Provide comprehensive training on product knowledge, sales techniques, and customer service to ensure a seamless experience for potential members. If you want to stay up-to-date with us, follow our Page. #FitPathConsulting #FranchiseConsulting #Consulting #GymConsulting #StudioConsulting

Everything is bigger in Texas…including this 13-unit #franchise agreement for Lumin Fitness. Thanks to Athletech News for sharing the details, and big congrats to the “World’s Smartest Fitness Studio” for kicking off 2024 with powerful growth. The origin story about this concept and how it quietly innovated #ai and #fitness into this undisputed franchise opportunity can also be found here ➡️ “Fitness AI is Flexing Some Serious Franchise Muscle” https://lnkd.in/gXpiRrZw #fitness #franchisesevelopment #businessdevelopment

New Post: Planet Fitness Franchise Ownership FAQs - https://lnkd.in/g6Avwmwq - If you love going to the gym, a Planet Fitness franchise business is a perfect fit for you. In fact, you can choose from several roles – franchise ownership with management or franchise ownership with an owner who’s actively involved in fitness training services. Potential franchisees should review the franchise disclosure document to understand all the terms and conditions. Planet Fitness offers more than just a gym membership. Planet fitness franchisees pride themselves in offering support to its members, to keep them actively using their Planet Fitness membership benefits. READ MORE: Buy Your First Franchise: Secrets Revealed What is Planet Fitness Franchise? Planet Fitness is a leading fitness franchise that offers a unique and affordable gym experience to its members. Founded in 1992 by Marc and Michael Grondahl, Planet Fitness has grown to become one of the largest fitness chains in the US, boasting over 2,000 locations across 50 states, Canada, Latin America, and Australia. The franchise is renowned for its “Judgement Free Zone” philosophy, which aims to create a welcoming and non-intimidating environment for people of all fitness levels. This inclusive approach has made Planet Fitness a popular choice for individuals seeking a supportive and friendly gym atmosphere. Basic Facts About Planet Fitness Franchises Yes, the Planet Fitness franchise includes the typical exercise machines and free weights. But there’s more: Fitness training services, such as working with a personal trainer. The personal trainer may be a staff member who is assigned to a group of members. Tanning booths and equipment. Cardio equipment such as treadmills and stair steppers. Annual membership fees are payable on a monthly basis and can be paid as an internet membership. A Planet Fitness Franchisee gets extensive on-the-job and classroom training, in using equipment and with implementing safety procedures. Some training takes place at company headquarters. There are currently more than 2,000 Plant Fitness franchises in the US, in 49 states and Washington DC. The company started in New Hampshire. The Planet Fitness business franchise began in 2003 The franchise is strongest in the south, where there are about 700 Planet Fitness franchises. The franchise is expanding into other areas of the country. In the fitness industry, Planet Fitness businesses focus on being a “judgement free zone” – by creating a welcoming environment for people with various fitness goals in all stages of their fitness journey. In other words, members of all ages, sexes, and fitness levels are treated kindly and in a supportive manner. READ MORE: Best Commercial Elliptical for Your Office or Fitness Business Planet Fitness Franchise Cost It’s relatively expensive to get into this franchise, given the cost of the equipment and gear. It’s expensive to outfit and

Shaping the Future: The Evolution of Fitness Franchises in 2024! Great article about Fit Body and our industry. Check it out here:

Busting Myths: The Truth About Franchising Embarking on the journey of #entrepreneurship often leads individuals to consider #franchising, seeking autonomy, financial independence, and a lifestyle aligned with their passion. However, amidst the allure of #business ownership, myths about #franchising often cloud judgment. Let's debunk these misconceptions and uncover the truth behind franchising. Myth #1: Franchising is Risky Truth: While any business venture carries inherent risks, franchising with INFINITY mitigates these risks through a proven business model. Backed by extensive research and market analysis, our franchise model provides a roadmap to success, minimizing uncertainties and maximizing profitability. Myth #2: Franchising is Expensive Truth: Contrary to popular belief, franchising with INFINITY is an accessible investment opportunity. With comprehensive support and guidance, franchisees can leverage our brand, operational expertise, and economies of scale to optimize profitability and minimize initial investment costs. Myth #3: Franchising Offers Limited Autonomy Truth: INFINITY empowers franchisees with autonomy within a structured framework. While adhering to our proven business model, franchisees have the flexibility to implement localized strategies, cultivate community engagement, and foster a unique brand identity tailored to their market. Myth #4: Franchising is a Solo Journey Truth: At INFINITY, franchising is far from a solo endeavor. We foster a collaborative ecosystem where franchisees receive unparalleled support, guidance, and mentorship every step of the way. From site selection to marketing strategies, our dedicated team ensures franchisees are equipped for success. Myth #5: Franchising is Limiting in Growth Opportunities Truth: With INFINITY, the sky's the limit. Our scalable business model is designed for expansion, allowing franchisees to capitalize on the booming #wellness and #fitnessindustry and adapt to evolving market demands. Whether opening multiple locations or exploring innovative offerings, franchisees have the tools to fuel growth and maximize profitability. Ready to debunk myths and embark on your franchising journey with INFINITY, beyond fitness? Visit our website to learn more and request information today: https://lnkd.in/eSZUjGyR. Vanessa Severiano Diego Guimarães, MBA, CFE Salles Mandia

💡 Are you a gym owner in need of a framework for choosing partners? We've been helping top-tier franchises scale for over a decade - and now we’ve condensed our experience into a checklist to nail your partnerships every time. Read now 👇 #Innovation #GymManagement #FitnessIndustry #Franchise #BusinessGrowth