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![]() This is average annual turnover of 222 franchised Crunch Fitness health clubs operating in 2021. On average, a Crunch Fitness franchise has a turnover of $1,864,000 per year. What is the turnover of a Crunch Fitness franchise? Operating Costs: opening inventory, utility deposits, insurance, and working capital for first 3 months, etc.Initial Marketing: grand opening marketing expenses.Formation Costs: site selection, training fees, lease deposits, security deposits, leasehold improvements, fitness equipment, furniture, sign, technology system, permits, business licenses, etc.More specifically, in addition to the initial franchise fee ($25,000 – $50,000), the investment pays for: From construction costs to initial operation costs, the investment covers it all. The investment covers all the necessary startup costs you may need to start a gym. The investment amount is an average that depends on the model you choose from the two types of health clubs offered by Crunch Fitness.Īccording to the latest Franchise Disclosure Document, you would need to invest twice as much for a Crunch Fitness Model ($668,000 – $3,488,000) vs. On average, you may need to invest around $3,092,000 to open a Crunch Fitness health club. How much does a Crunch Fitness franchise cost? Competition: The franchise faces stiff competition from other fitness chains such as Anytime Fitness, Gold’s Gym and Planet Fitness.Franchise owners must follow the franchisor’s operating hours. ![]() Not a part-time business: The business cannot run on a part-time basis.Franchisees must establish an office space, retail facility, or warehouse. Not a home-based or mobile business: A crunch Fitness franchise cannot be operated from home or a vehicle.Franchisees can leverage the brand’s popularity, national media, social media, regional advertising, fun and quirky promotional campaigns, and advertising tools to attract customers and improve their sales. Public relations and marketing: Crunch Fitness has an experienced marketing team to help its franchisees with their public relations and create awareness for their local studios.It does not establish other franchises or operate competing channels in the designated areas. Exclusive territory protection: The franchisor provides its franchisee with an exclusive development market through a protected territory.Third-party financing: The brand assists franchisees with financing assistance for start-up and development costs through third-party lenders.These include equipment, online nutrition, one free personal training session, proprietary group fitness classes, small group training, streaming workout videos, indoor cycling, multi-club access, unlimited guest privileges, tanning, and Hydro Massage. Flexible membership options: Crunch Fitness has designed a variety of flexible membership options to enable members to get the most out of their subscriptions.Its on-the-job and classroom training covers the business concept, training, sales, and hiring of the best staff. Quality training program: The chain offers its franchisees an extensive training program to equip them with the necessary resources to establish and run successful clubs.Crunch Fitness franchises pros and cons Pros The chain started selling franchises in 2010, and today it has over 400 gyms in the US, Canada, Spain, Portugal, Costa Rica, and Australia. There are only 28 Crunch Signature gyms in the world. Crunch Signature Clubs are mainly premium, full-service clubs with monthly memberships located in major metropolitan areas and offering a wide array of services, classes, and amenities. ![]() Crunch Fitness is the standard format: it offers group classes, advanced HIIT classes, and traditional gym services instead.The chain was founded by Doug Levine in 1989 in NYC’s Greenwich Village and began as a fitness studio in a small basement.Ĭrunch Fitness has two brands, Crunch Fitness and Crunch Signature: ![]() Crunch Fitness is an American fitness studio chain based in New York City. ![]()
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