Gym Guyz is a mobile personal fitness training service offering customized workout programs for clients at their location. The franchise provides convenient, personal fitness training in clients' homes or at other preferred locations.
Key Insights
- Gym Guyz began with a vision to bring personalized fitness solutions directly to clients, evolving from a passion for accessible training into a established network of service providers. The business model focuses on delivering in-home and on-location personal training, leveraging experienced coaches to meet individual health and wellness goals across diverse demographics.
- The franchise operates by connecting certified personal trainers with clients seeking convenient and effective fitness programs. This model emphasizes flexibility, allowing individuals to achieve results without the commitment of a traditional gym membership, fostering strong client relationships built on trust and accountability.
- The fitness industry encompasses a broad spectrum of health-focused services, with a growing segment dedicated to personalized and at-home training. Gym Guyz operates within this dynamic sector, catering to increasing consumer demand for tailored fitness experiences and wellness support that fits their lifestyles.
Franchise Fee and Costs to Open
Exploring the financial picture of Gym Guyz gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $92,100 - $174,000, along with a franchise fee of $49,500 - $49,500.
Financial Performance and Revenue
Yearly gross sales of $130,644 and estimated earnings of $18,291 - $23,516 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.9-8.9 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Gym Guyz provides comprehensive training and resources for new franchisees. Initial training is a four-day program held at the Gym Guyz headquarters. The franchisor offers ongoing support and access to a vast library of operational and marketing materials, designed to assist franchisees in building their business.
Legal Considerations
Legal considerations for a Gym Guyz franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a Gym Guyz franchise involves navigating local market dynamics, including existing fitness studios and personal training services. Ensuring consistent service delivery across a mobile operation requires efficient scheduling and resource management. Dependence on equipment suppliers and fitness apparel vendors for timely inventory can also present considerations for seamless operations and client satisfaction.
Franchise Datasheet
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