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Popular Personal Training Franchise for Corporate Layoffs

When you think about the ideal franchise business, personal training franchising may come to mind. Not only is it a great way to stay active and healthy, but it also offers the perfect opportunity for people to start a business with minimal risk and strong potential rewards. With personal training, you are the sole proprietor who typically receives the majority of the profits. The International Franchise Professionals Group (IFPG) is a membership-based franchise consulting network with more than 1,300 franchisors, franchise consultants and vendor members. We’ve researched and answered some of the most frequently asked questions regarding this business option for you.

What is a Personal Training Franchise?

A personal training franchise is the purchasing of an existing business model, which has already been developed, tested and tested again in hundreds of markets, offering services primarily focused on fitness, health and wellness. A “franchise” is essentially a business opportunity that grants a person/individual the right to use the successful concept and brand name of a large franchise system.

What are the Benefits of Owning a Personal Training Franchise?

Owning a personal training franchise has a number of advantages. First, the franchise model offers fast start up and the guarantee of a business that has already been proven successful across the country. Secondly, most franchise systems require minimal staff or resources, allowing you to start with a very small and manageable operation. Additionally, most franchisees are provided with a prospective list of customers and local areas to service. Finally, the personalized attention that a personal training franchise offers creates an opportunity to develop relationships with customers and help them develop healthier lifestyles.

What Investment Is Required to Start a Personal Training Franchise?

The initial investment necessary to open a personal training franchise vary widely. They typically range between $25K and $30K, but the cost could be much higher depending on size, scope, and special needs of each individual program. In addition to the initial investment, cash flow requirements and operating expenses may be necessary to successfully launch a program.

How Do I Get My Personal Training Franchise Certified?

Most franchise systems require franchisees to complete the National Personal Training Certification, which is a rigorous process designed to ensure that all fitness professionals possess the necessary skills to provide adequate and safe instruction to clients. Depending on the specific franchising model, some franchisees may also have to become certified in specific areas such as nutrition, aerobics, aquatic training, strength training, weight management, or martial arts.

How Much Money Can I Make with a Personal Training Franchise?

The potential earnings of a personal training business depend on a number of factors, including the location, reputation, and size of the franchise, the skill set and experience of the owner/operator, marketing efforts, and the number of clients. As a general rule, franchisees can expect to gross anywhere from $55,000 to $90,000 per year. Once the franchisee is comfortable with the business and more targeted marketing campaigns are implemented, profits can jump to $100,000 to even $150,000 per year.

Is a Personal Training Franchise Right for Me?

A personal training franchise is ideal for individuals with an entrepreneurial spirit who are passionate about fitness, health, and wellness. While most franchisors provide comprehensive training and ongoing support, the franchisee must still have an aptitude for business and the determination to make their personal training program a success.

If you are a corporate layoff candidate with a passion for fitness and the aptitude and desire to run a business, a personal training franchise may be the perfect business opportunity for you. With an initial investment of $25K or less and a great earning potential, a personal training franchise is an excellent career option. Contact the International Franchise Professionals Group (IFPG) to discuss how we can help you create the right business plan and acquire the ideal franchise opportunity.

Topics:

Personal Training Franchise,

Franchising,

Investment

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