TL;DR
The article highlights five health and wellness franchises that could be a smart investment, including Heyday, P.volve, BeBalanced, Fitness Premier 24/7 Clubs, and FYZICAL. These franchises offer various services such as facials, functional training, holistic centers, group-workout gyms, and physical therapy.
Startup costs: $574,000 – $755,500
Units: 10
Heyday is reinventing the entire facial experience by making it easier, more affordable and more personalized. By focusing solely on facials, Heyday can offer an effective membership model that promotes reoccurring business for lasting customer retention. Heyday is also poised to explode — the brand currently has 10 locations in New York, Los Angeles and Philadelphia with plans to open 300+ shops over the next five years.
Startup costs: $414,950 – $707,000
Units: 3
P.volve is a functional training method that reduces pain, improves balance and builds total body strength. It recently started franchising, and is looking to expand rapidly — it has plans to reach more than 250 studios in markets across the country within the next five years, and the franchise is actively recruiting passionate and qualified franchisees. Top markets include Chicago, LA, NYC, and Nashville, to name a few in the U.S., plus expansion into Canada and the UK.
Startup costs: $155,650 – $208,450
Units: 25
Founded in 2007 and franchising since 2015, BeBalanced is a Pennsylvania-based franchise of non-medical, holistic centers that help women lead their best lives through natural solutions to stubborn weight, PMS and menopausal symptoms. It’s attracting the attention of seasoned, multi-unit developers who are securing key markets for growth, in the dominant weight loss market, which, in the U.S. grew at an estimated 4.1% rate in 2018, from $69.8 billion to $72.7 billion. The total market is forecast to grow 2.6% annually through 2023.
Startup costs: $39,999
Units: 15
Fitness Premier 24/7 Clubs is a fast-growing, 13-location, group-workout gym concept that has seen major success in smaller markets that its competitors wouldn’t think to go after. The brand’s innovative model is bringing group fitness and engaging classes to rural markets and the suburbs. It's quickly sweeping through the Illinois and Indiana regions.
Fitness Premier 24/7 Clubs offers a great turnkey solution focused on markets that other fitness competitors are not focused on. The average community size where a Fitness Premier opens has between 15,000–20,000 in total population in a 5-mile radius.
Startup costs: $61,000 – $729,000
Units: 400+
FYZICAL is the fastest-growing physical therapy franchise in the United States and has a revolutionary business model that is designed to optimize profitability and growth. The brand offers comprehensive patient care through unique balance protocols and healthy lifestyle products and services. FYZICAL is a champion of patient choice and direct access and a leader in the future of health, wellness and preventative care. Its widespread and well-established franchise system means franchisees will have plenty of support.
In this story
This story was originally published in 1851 Franchise on February 10, 2022. Burnaze summarizes and links to the original reporting.
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