The gym industry is considered one of the fastest-growing industries in the country. Despite the pandemic showing a massive economic downfall in every possible field, the fitness industry is still shining with its head high! But how’s that even possible? With the increasing number of cases and the rise of new variants, people started prioritizing routine exercise to stay fit and build up the immune system. As per the current time scenario, the decrease in the cases has led to a spike in the craze of being fit amidst the crowd, and this led to the simultaneous growth of gym franchises in India.
Gym franchise in India
Fitness franchise offers a great deal of profit. As per the reports of Investopedia, most franchise owners take home around $50,000 per year, and about 7% of the franchise owners earn over $250,000 per year. To be practical, opening a franchise is a much safer game than starting a business from scratch with zero guidance on the field. To open a franchise of gym in India, you need to focus on the below-discussed points.
STEP-1
Research: - Research is the first step to start with any business of your choice. Research and explore every bit of the industry you are stepping into and discuss the same with someone holding experience in the industry. In this scenario, you have to research the different fitness brands in the market and their criteria for setting up a franchise.
STEP-2
Finalize the brand: - Once you are done with the research, it’s time to finalize the brand you want to go for. Meet the team personally and discuss everything in and out that you want to know about the business. This will clarify all your doubts and help you set a better picture of the franchise business.
STEP-3
Finalize an area or locality: - Once the plan is discussed, the company will provide you with a site or locality plan stating the requirement to set up the gym.
STEP-4
Obtain Licenses: - Every business needs to obtain some licenses to make it authorized. Just like that, to open a fitness enterprise/franchise, you have to obtain some licenses to make it approved.
STEP-5
Hire certified trainers: - A gym is known not by the number of trainers but by the quality of trainers. Hence, certified trainers are a must to run a gym for the long term.
STEP-6
The right equipment: - The owner gym will guide you throughout the business model, right from the site selection to setting up the entire gym. Also, the team will provide guidance to get your hands on the right equipment at the best possible rate.
STEP-7
All-round guidance: - This is the best part of opting for a gym franchise. You will receive all-around business guidance from the owner gym throughout your journey. It doesn’t matter if you are a newbie; you will be guided throughout and will not be lonely if stuck in any circumstances.
How much investment is needed to open a gym franchise in India?
The investment to open a gym franchise may vary from brand to brand. Every fitness brand has its terms and conditions and has respective investment policies. You can contact the brand directly and know their investment structure.
21 Fitness also provides an opportunity to open its franchise. Click on the link to know more:- https://21fitnessgym.com/