A 2015 State of the Industry report by the International Health, Racquet and Sportsclub Association concluded that health clubs part of a larger chain franchise had a nine percent median net membership growth, which represented the highest growth rate among the various business categories listed in the report. Owners of a sports and recreation franchise can also feel good about the fact that they are contributing to improving people's health. Purchasing a sports and recreation franchise allows you to earn money doing something you love while also promoting healthy habits.
There are many different types of sports and recreation franchises, all of which help individuals stay active. Companies like AirTime Trampoline & Game Park emphasize fun and entertainment for the whole family. Others, including Rock Box Fitness, provide unique workout classes in a small, boutique-style setting. Boutique fitness studios, like Club Pilates, have exploded in recent years, with a growth rate of approximately 70 percent.
Whatever your interest, there is a sports and recreation franchise for you. Franchises are often cheaper and more likely to succeed than a typical small business. The franchisor may be able to provide funding to help you open your first store, and franchisees may also get valuable training and assistance from a franchisor who has already had success in the industry.
Sources: www.business.qld.gov.au/starting-business/buying-business/buying-franchise/advantages-disadvantages, www.franchiseopportunities.com/industry-profile/sports-recreation-industry
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