Three California Fitness Franchises to Invest in 2022
With summer in full swing, families are hitting the beaches, swimming pools, and other outdoor water-related activities, making fitness franchises a hot investment as Americans look to get in their ‘summer bod’ shape. And nowhere is that trend hotter than California fitness franchises.
According to Mordor Intelligence, the global health and fitness club market is projected to achieve a CAGR of 7.21 percent between 2022 to 2027. The key market drivers for this growth are attributed to consumers willing to spend more on health and fitness clubs, with a rising focus on personal health driving market growth across the world. The rise in fitness centers offering personal training both in-person and online along with new fitness equipment and program offerings like hot yoga, high-altitude training rooms, metabolic testing equipment, medical exercise areas, and day spas, are attracting consumers to join health and fitness clubs.
This growth surpasses previous estimations from Allied Market Research, which forecast that the global fitness and recreational sports centers market size valued at $83,680 million in 2016, was expected to reach $113 billion by 2023, projecting a CAGR of 4.4 percent over 2017 to 2023.
Check out these three fitness franchises based in California ready for the ‘summer bod’ surge:
Founded in 1969 and first franchising in 1982, Jazzercise has grown to 8,400+ franchise locations in the US and 25 other countries. Jazzercise, Inc. combines dance, strength and resistance training with popular music for a full-body workout class that makes exercise fine. Entrepreneur ranked Jazzercise 410th in its 2021 annual Franchise 5,000, and the company enjoys strong brand recognition. Startup costs to begin operating a Jazzercise, Inc. franchise start at $1,000. To learn more about purchasing a franchise opportunity with Jazzercise, Inc., click here.
PickUp USA Fitness
Founded in 2012 and franchising since 2016, PickUp USA Fitness has grown to 24 basketball-focused locations. The franchise provides large gym environments with new layouts, programs and equipment to keep patrons active and engaged. Startup costs to open a PickUp USA Fitness franchise begin at $533,000. To learn more about a franchise opportunity with PickUp USA Fitness, click here.
Gymboree Play & Music
Franchising since 1978, Gymboree Play & Music has grown to over 800 locations across 40 countries. Gymboree Play & Music offers different classes weekly for children aged 0-4 years old that are designed to foster healthy childhood development through fun physical activities; this model has helped the franchise’s growth as its popularity endures. Startup costs to open a Gymboree Play & Music franchise begin at $35,000. To learn more about a franchise opportunity with Gymboree Play & Music, click here.