Boutique Fitness Is Booming & Stronger than Ever After COVID-19
One of the few upsides of the COVID-19 pandemic was the proof of how incredibly resilient the fitness industry can be. Even amidst unprecedented times, fitness remained a highly sought service. Sure, we had to pivot and overcome unusual hurdles to adapt to social distancing, public mandates, and the emergent popularity of virtual fitness options. Nevertheless, one fact remained indubitable – there will always be a demand for a service that offers health benefits, human connection, stress relief, and a positive community!
At REGYMEN Fitness Franchise Office, we are as bullish as ever about the future of the fitness industry. The demand for fitness is as strong as ever. Now is the ideal opportunity for industry growth. If you are thinking of starting a sustainably profitable franchise location, read more about what REGYMN can offer you today! We’ll also discuss current industry-wide growth projections and how the positive uptick in health awareness worldwide will positively impact our business.
Here are the top 5 reasons to consider the Fitness Industry for your next business venture:
Individuals Are Increasingly Prioritizing Fitness as a Lifestyle Necessity
The psychological and physical benefits fitness studios deliver have been widely championed in recent years via scientific studies, nutritional trends, social media movements, and savvy marketing campaigns. A subscription/membership to a boutique gym is no longer viewed as a luxury item or delicacy when factoring in the rising costs of healthcare and exercise’s ability to mitigate illnesses and disease. In fact, more and more people are starting to view fitness as a long-term investment in their health and overall well-being. There’s no doubt about it: Fitness is skyrocketing to the top of consumer priorities.
A Simplistic Yet Effective Business Model
A fitness service/boutique studio consists of a basic business model that is easy to get behind, advertise, operate, and grow. It doesn’t take rocket science to understand how one’s return on investment might multiply exponentially after investing in a successful fitness franchise model. Our services, state-of-the-art facilities, and affordable membership plans will do most of the work for you – customer retention will likely be the last of your concerns.
REGYMEN Fitness Franchise Office further simplifies our franchise system by providing loyal, ongoing support to each franchisee. You will inherit one-on-one assistance, elite training, premium discounts on equipment, industry-bestsystems, elite marketing strategies, immediate brand familiarity and marketing perks, flexible financing options, and so much more! We never stop refining and improving our franchise network. Our top priority is to help every REGYMEN location thrive and succeed, and we help out in the margins so you can concentrate on deliveringextraordinary services.
Past & Future Data Projections Are Promising
In the wake and subsiding of COVID-19, there appear to be no signs of slowing down in the fitness industry. Even amidst the pandemic, the gym, health, and fitness industry prospered for most of 2017-2022 – bolstered by public health initiatives showcasing exercise as an antidote for obesity, diabetes, and other health conditions. The rise in health-conscious citizens, the increase in disposable income, and the emergence of the physically active Baby Boomer population all contributed to its recent success.
Current projects anticipate the gym, health, and fitness industry to continue to prosper as more and more consumers return to boutique gyms, studios, and fitness clubs. Over the past 5 years, disposable income per capita has increased by an annualized rate of 1.7% – proportionately boosting consumer spending. This trend is expected to continue well into the foreseeable future. The rise in disposable income levels means more consumers will be capable of including gym memberships in their budgets. Similarly, a projected spike in sports activities and athletic endeavors should bolster interest and investment in the industry.
The Fitness Industry Is Here to Stay
The fitness industry is not going anywhere anytime soon. It is built on solid ground – offering a rewarding service that delivers substantive results. Exercise is proven to dramatically improve individuals’ quality of life, mental health, happiness, and overall well-being. The rewards magnify when working out with a supportive community. Receiving external motivation, accountability, inspiration, and companionship while working out among peers and personal trainers is second to none.
Unsurprisingly, more and more loyal gym and fitness members are becoming outspoken about the myriad benefits of joining a boutique fitness studio and becoming part of a workout community. This increasing fervor/positive morale surrounding fitness and health is excellent news for REGYMEN’s future.
Our industry is currently in the growth lifecycle stage: a phase where sales/subscriptions, revenue, and profit generation are all booming. The sky is currently the limit! There’s never been a better time to invest! Make the wise decision and reach out to our incredible franchise support team! We offer business owners a proven business model, financial flexibility, support, and independence. We can help you analyze the costs, plans, and investment obligations so that you can start working toward a bright and profitable future today!
Are you interested in becoming a REGYMEN franchisee? We are seeking passionate and dedicated franchisees! Call (866) 954-1590 today!