Health Conscious Americans Driving Growth of Gym and Fitness Franchise Industry

Industry Report Reveals Expansion in Fitness Franchising
Industry Report Reveals Expansion in Fitness Franchising

Thanks to our friends at Guidant Financial for summarizing a few key statistics from the IBISWorld report on the gym and fitness franchise industry. In a 2015 blog post, Guidant named Health and Wellness as one of the Top 5 Industries for Small Business. With 4.9% year over year growth in the last 5 years, helping people trim their waistlines and improve their overall health has become a steadily expanding industry.

According to the IBISWorld’s Gym & Fitness Franchises market research report, "during the past five years, industry revenue grew, benefiting from an increase in the number of health club memberships and a favorable investment environment." Moving forward, these researchers predict public health campaigns that raise awareness about the many benefits of fitness will prompt new gym and fitness franchises to enter the marketplace, leading to further growth for the industry.

Wondering if you're a good fit for owning a gym or fitness focused franchise? Read about how a retired Marine Colonel went about finding his perfect fitness franchise.

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