Have you followed our guide on how to open a gym and you want to open a franchise gym? We invite you to learn more about the steps to follow to become a gym franchisee!
Table of Contents
The Profile To Open A Franchised Gym
To open a gym franchise, you must have a suitable profile.It is highly recommended:
- To be passionate about sport.
- To appear as a good salesperson, smiling and pleasant.
- To have good management and management skills.
No diploma is required, it is your motivation that will make the difference! Do you really want to open a franchised gym ? Give yourself the means to succeed!
Have The Budget To Open A Franchised Gym
Opening a franchise gym requires a significant investment.You need to have enough personal support to be able to borrow enough. Make an appointment with your bank and find out from private investors to compare the proposals.
In particular, you will need to have enough to finance the entrance fee (training, maintenance, assistance, etc.) in addition to other financial items (equipment, layout, etc.).
Do you have sufficient borrowing capacity? Then you can pretend to open your franchise!
Open A Gym Franchise: Find The Network
You have to compare the different best franchise networks to open a gym.Go against professionals and search the web to find out more. The franchise observatory offers a list of franchised gyms.
Analyze The Gym Franchise
Found a list of interesting gym franchisors? List the advantages and disadvantages of each network. Draw up a comparison table to make the right choice.
Check:
- The notoriety of the franchise: is it recognized at the national level?
- The concept of franchising: is it promising?
- The reliability of the franchise: is the financial situation of the franchise positive? What are the customer feedback?
- The investment for the franchise: do you have enough money?
- The potential of the franchise: establish a market study to know the potential profitability of your future franchise.
- Location: will the gym be strategically located? (high visibility, passage, downtown …)
Make A Business Plan To Open A Franchised Gym
Opening a franchise gym does not spare you the essential step of creating a business plan.Indeed, you are going to need significant funds to finance your project. Find an example of a business plan to help you present a complete file.
Sign The Franchise Contract
Have you taken all the previous steps and are you sure of your choice? You just have to sign the franchise contract to open your gym !
We strongly recommend that you reread it carefully and study it in depth to avoid unpleasant surprises: conditions, clauses, etc.
Respect The Rules Of Good Conduct
Have you signed the fitness franchise agreement? All you have to do is get started! Be careful, choosing a franchise requires you to respect a certain code of ethics.
You don’t enjoy unlimited freedom. You are forced to respect the rules of good conduct of the franchise: principles, values, customs …
Do not worry, the franchise allows you to benefit from personalized support. If you have the slightest doubt, do not hesitate to seek advice!