Park City, UT- Athletic Republic – the premier destination for individualized, sport-specific athletic training, backed by science – looks to capitalize on the momentum of a successful year in 2022, and ring in the new year with strong continued growth. In 2023, the franchise is expected to sign up to 20 additional development deals after signing 11 in 2022. With the addition of new center locations in Florida, Tennessee, North Dakota, New York, Indiana and Utah in the past year, Athletic Republic looks forward to bringing their state-of-the-art trainers and facilities to additional territories in 2023.
Year after year, Athletic Republic has increased same store sales by 15%, and the upcoming year looks to have the same, if not more, positive outlook. With consistent growth of passionate and skilled operators, the existing network continues to stay focused on the number one priority of training youth athletes and company initiative of improving unit economics and simultaneously rolling out industry-disrupting new technology.
“The technology that we are implementing at Athletic Republic will change sports training for athletes of any kind, all over the world,” said Charlie Graves, Chief Executive Officer of Athletic Republic. “Our most fulfilling wins of the new year are always the performance gains of our athlete-network. We strive to provide the best facilities and equipment for these athletes so they can perform at their best while at the highest level of competition.”
The Athletic Republic athlete network has recently surpassed 2 million athletes trained, including one Heisman Winner and 8 finalists, 75 Olympic athletes, and countless Division 1 committed athletes. Due to a strong economic outlook for fitness and sports franchises, Athletic Republic looks forward to training even more athletes to achieve their goals throughout 2023 while implementing new technologies such as their new custom AR High Speed Running Treadmill in partnership with Woodway launching throughout the brand in 2023.
“Analysts agree with the positive outlook for the fitness industry as it rebounds stronger than ever after the height of the COVID-19 pandemic,” said Graves. “The demand for health, fitness, and well-being is at an all-time high and Athletic Republic is poised to be the leader within the sports industry.”
Recent reports from market research firm IBISWorld, peg growth in the fitness industry at 1.5% through 2022 and predict franchised fitness brands may grow twice as quickly as entrepreneurs look to cash in on reliable investment opportunities. Athletic Republic is actively seeking single and multi-unit franchise partners worldwide. The brand is looking for partners who possess a love for sports and that are looking for a unique opportunity to own their own business. Including a franchise fee of $50,000, the initial investment to own and operate an Athletic Republic ranges from $200k – $538k, with an average of $300,000.
To learn more about Athletic Republic’s franchise opportunity, please visit: https://www.athleticrepublic.com/franchise.
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About Athletic Republic
Athletic Republic is the nation’s premier destination for individualized, sport-specific training. With technologically advanced equipment, Athletic Republic tracks and showcases the improvements an athlete experiences through their training regimen. The brand is the nation’s leading sports performance franchisor, with over 80 training centers and over two million athletes trained in the program. It is the top tier place for data-backed training for athletes of all ages and abilities who seek to improve their speed, power, agility and stamina. For more information, visit www.athleticrepublic.com.