"[23], In the fall of 2013, TSG Consumer Partners LLC became an equity partner in the Planet Fitness franchise. 8. [44][37] In 2016, over 90% of Planet Fitness locations were opened by existing franchise owners. Before the pandemic, it was growing at a rate of approximately 200 units a year, which is impressive. Ms. Gosselin was named a Top Woman in PR by PR News in 2020. Follow along as PF Trainer Teddy teaches you the basics of fitness, right in the comfort of your own home. [15], Rondeau and the Grondahls recognized that there was a greater opportunity to serve a much larger segment of the population if they changed the gym environment, both in attitude and format, by creating a non-intimidating, low-cost model. It was founded in 2001, began franchising in 2008, and currently has over 120 locations in 26 states. As a franchisee, youll be required to pay 6% in royalty fees and 2% in marketing fees. Initial franchise terms are 10 years. "[20] In 2003, Planet Fitness opened its first franchised location in Florida, with Eric Dore and Shane McGuiness. It was founded in 2001, began franchising in 2008, and currently has over 120 locations in 26 states. Even though the history of barre dates back to 1959, when the discipline was created by former ballerina Lotte Berk, the ballet/Pilates/yoga hybrid saw a huge boom in the 2010s. Initial franchise fee: $32,000 to $40,000, Estimated total initial investment: $2.2 million to $5 million. Your Royalty payment is currently based on the total gross monthly and annual membership fees for the, You must maintain your equipment according to, Your actual costs may be higher or lower depending on the size of your, You must maintain the franchise premises according to, Franchise Disclosure Document (FDD) Database, Your Lender; Approved Suppliers; Our Affiliate, Paid to various media companies and other third parties to promote the opening of your business, Computer System, Point of Sale System, and other Supplies, Utilities, banks/credit card companies, leased equipment vendors, alarm company, telephone company, Your Out-of-Pocket Initial Training Expenses. Even after the pandemic hit, it continued to grow at a rate of over 100 units. Prior to that, she served as the Vice President of Digital Marketing & Innovation at Dunkin Brands where she was responsible for developing and marketing Dunkins digital platforms, including the DD Mobile app and the DD Perks loyalty program. Before joining NerdWallet, he served as senior editorial manager of QuinStreet's insurance sites and managing editor of Insure.com. An offshoot of the (purportedly) $7 billion UFC brand, UFC Gyms offer MMA-inspired personal and specialized training, traditional and fusion martial arts classes, and youth fitness classes. To be eligible to open a. , candidates must have at least $1 million in net worth and access to $300,000 to $400,000 in liquid assets. However, the profit varies on your location also. [3] The company reports that it has around 2,400 clubs,[4] making it one of the largest fitness club franchises by number of members and locations. Building in competition to workouts enhances ones motivation and keeps consumers coming back. You will pay a lump-sum nonrefundable Initial Franchise Fee in the amount of $20,000 when you sign the Franchise Agreement. Planet Fitness has the franchise fee of up to $20,000, with total initial investment from $969,600. 1 comment. Training starts with one week at the companys San Francisco headquarters, followed up by three to six months of training, led by a dedicated trainer, in your home location. This routine is an 18-minute HIIT workout that targets cardio and endurance. Have questions? Royalty fees and advertising fees are generally calculated as a percentage of gross sales in franchise agreements, but Anytime Fitness rates are flat from month to month, which makes it easier for you to plan and organize your expenses. On this Wikipedia the language links are at the top of the page across from the article title. This is a good indication of high growth as a company overall. As a franchisee, youll be required to pay 6% in royalty fees and 2% in marketing fees. [56][57][58] Planet Fitness has also provided mini "Judgement Free Zone" gyms to Boys & Girls Clubs in Manchester, New Hampshire[59] and Pasadena, California. [6], In 1992, Planet Fitness founders, Michael and Marc Grondahl acquired a struggling Gold's Gym franchise in Dover, New Hampshire. The private equity owners of United PF Partners, the largest Planet Fitness franchisee conglomerate, have sold the group to American Securities, another New York-based private equity firm, for an undisclosed sum, the companies announced in a Jan. 6 media release. Today the brand has over 2,000 locations system-wide. Upon your submission of your Construction Development Plans for our approval, Point of Sale Support, Processing and Account Management Services Fees, $149-$199 plus processing and credit card fees based on the number of transactions processed per month or number of eligible accounts enrolled in collections. Mr. Fitzgerald has over 30 years of leadership experience in financial management in the retail industry, most recently serving as Chief Financial Officer and Senior Vice President at Potbelly Sandwich Works. Crunch isnt quite as widespread as Planet Fitnesscurrently, they have 300+ open locations in 29 states and five countriesbut with plans to open an additional 1,000+ locations, theyre growing quickly. NerdWallet strives to keep its information accurate and up to date. Estimated Number of Units: 2,300. That said, franchisees are responsible for additional costs, including a monthly continuing franchise fee (CFF) of either 20% of gross revenue or at least $250 per month. Ultimately, the only way to know which gym franchise is right for you is to do your own due diligence. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. Under Rondeau's leadership, Planet Fitness has experienced tremendous growth and has been recognized for many accolades including, Entrepreneur Franchise 500 - Fastest Growing Franchise List, Franchise Times' Top 200, Forbes' America's Best Franchises, Newsweek Best Customer Service, and Best Places to Work in New Hampshire. Join PFIFC You must commit to opening a one or more PLANET FITNESS locations as a condition of acquiring area development rights, either yourself or through one or more entities in which you own 51% or more interest. Now, youd be hard-pressed to find a gym franchise that doesnt offer some form of barre class, but owning a Pure Barre franchise takes you straight to the source. Co-founder, Elle Latham, decided to open a gym to implement her personally designed workout, which eventually became the basis for Orange Theorys system. Initial term lengths last 10 years. Gym franchises dont get much more classic than Jazzercise, the high-intensity, dance-cardio fusion class that became a fitness mainstay during the 80s exercise boom. He has covered financial topics as an editor for more than a decade. Greater of $60,000 or 7% of the total gross monthly membership fees payable to you via EFT in a quarter, and the greatest of $5,000 or 3% of the total gross monthly membership fees payable to you via EFT in a month. Prior to that, Ms. Gentilozzi served as Senior Vice President of Human Resources at Aropostale, supporting over 25,000 employees in 1,000 retail locations throughout the U.S., Canada, and Puerto Rico. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations. We offer the most complete and most accurate mailing/telemarketing list for Planet Fitness franchise owners. Therefore, this may include substantial remodeling of your premises as frequently as every 5 years. 2% of the total gross monthly EFT Dues Draft. Prior to joining Planet Fitness, Mr. Vartanian was a corporate attorney at Devine Millimet. Planet Fitness franchise opportunities are proven by 1,500 clubs successfully operating worldwide. To be eligible to open a Crunch Fitness franchise, candidates must have at least $1 million in net worth and access to $300,000 to $400,000 in liquid assets. When you go to sell a Planet Fitness franchise based on the median multiple of .67 and net sales in 2021 of $1,545,877, it would sell for $1,035,737. In this role, he oversees the Companys accounting and treasury functions. This large discrepancy indicates the potential different costs you could face when building your Orange Theory franchise as a franchisee. You may need additional operating capital, or you may need it for a longer period of time. We reviewed the larger franchise industry as well as selling price multiples for larger systems where more transaction data is available. Jennifer Simmons joined Planet Fitness in 2013 as a business analyst, later joining the executive leadership team as Senior Vice President of Business Strategy and Analytics and in 2022 was named Division President, Corporate Clubs. ASK QUESTIONS ABOUT THE FRANCHISE, Distributorship Opportunities For Business, the terms of Net Worth Requirement: $3,000,000 Franchise fee: one-time $42,500 Royalty fees: $699/mo Planet Fitness Planet fitness has locations in Canada, Mexico, Panama, and all 50 states of the US. Whether youre a gym rat yourself or youre passionate about helping others achieve their health goals, starting a fitness business can be a dream gig for health-conscious entrepreneurs. . If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. The fitness center industry is mainly divided into two groups, either a specialized fitness boutique or a full-scale gym with multiple amenities and services. Be advised to match Planet Fitness franchise cost and profit by analyzing low and high fees you need to pay starting a Planet Fitness franchise. Based on a midpoint investment of $1,378,500 with estimated profits of $94,820 (10% profit margin) it would take about 15 years to recoup your investment. Prior to Potbelly, he served in varying executive roles at Charming Charlie Inc. including President and Chief Financial Officer, and Chief Administrative Officer. The franchise also requires that candidates have at least $100,000 in combined liquid assets and a total net worth of at least $250,000. Find Accurate Contact Data for Fitness Franchise Owners. Performing this action will delete your account. Mr. ODonnell holds a CPA and received his Bachelors degree in Accounting from Assumption College in Massachusetts. Your actual costs may be higher or lower depending on the size and location of your Planet Fitness business. Franchise candidates can expect to pay anywhere between $354k to $1.2m. [13] The new model was an effort to provide a fitness hub for everyday people. Our opinions are our own. Both franchising units and company-operated stores have increased. Across 50 states the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia Franchise. Mr. Hymes started his career at Kmart Corporation, where he worked his way up the ranks starting as an hourly store team member and entered management after graduating with a Marketing degree from Northwest Missouri State University. Estimated total initial investment: $2,405 to $3,200. In this role, she oversees general HR operations, talent acquisition, leadership development, business partner support, culture and employee engagement, benefits and compensation. There are both advantages and disadvantages of franchising, so make sure you weigh both sides thoroughly. Ms. Gentilozzi has more than 30 years of Human Resources leadership experience at national retail brands, most recently serving as Executive Vice President of Human Resources at FULLBEAUTY Brands where she led all HR initiatives to support 2,000 associates. ), and that attitude trickles down into their culturethey genuinely want people to have fun while they work out. He held multiple store operations positions with P&L responsibility progressing from Store Manager to Regional Manager. Your actual costs may be higher or lower depending on the size of your Planet Fitness business, the volume, and usage of your members, or changes in the market. Share. Depending on the location and pre-existing structure that is being purchased, you could see your expenditure being on the lower or higher end of this spectrum. Ms. Kaplan holds a B.S. Mr. ODonnell has nearly 20 years of experience in a variety of finance and accounting roles. As an Orangetheory franchisee, youll be responsible for a monthly royalty fee of 8% of gross sales. The Fitness Center industry has over 111,000 businesses with a market size of $34 billion, and it supports over 800,000 jobs. Ms. Medeiros received her Bachelors degree from the University of New Hampshire. Orangetheory claims to be one of the fastest-growing franchises in the world, and theyre ranked 60th in Inc. Magazines Fastest Growing Private Companies List. After a few years of growth, Planet Fitness started franchising in 2003 with the first franchised gym opened in Florida. Ms. Simmons has an MBA in Finance from the University of New Hampshire and holds dual Bachelors degrees in Economics and Sociology from Indiana University. The highest Planet Fitness franchise made over 3 million dollars in revenue, whereas the lowest earning one made $165,000. Rated Excellent on TrustPilot with feedback from 50+ customers. If you acquire rights under our Area Development program, you will pay an Area Development Fee equal to $10,000 per location to be developed under the Area Development Agreement when you sign the Area Development Agreement. Currently, the Orangetheory franchise has over 1,100 studios in 49 U.S. states and 22 countries internationally (they started in 2010, for some context about just how quickly theyre growing). As an Orangetheory franchisee, youll be responsible for a monthly royalty fee of 8% of gross sales. Kick off your search with this list of nine of the most promising gym franchises to buy. Estimated annual transaction costs per location range from $9,000- $72,000, Equal to 50% of our then-current initial franchise fee. [39][29][40], In December 2014, Planet Fitness opened its first international location in Toronto, Ontario, Canada. One of the best ways to thoroughly research a franchise or business opportunity investment before purchasing one is to get feedback from current and former franchisees involved in the franchise system. SVP Communications and Corporate Social Responsibility, General Counsel and SVP, International Division. Get in touch with Planet Fitness Owners from around the US with verified contact data for all owners of all Planet Fitness locations. Prior to joining Dunkin' Brands, he was a Dunkin' Donuts franchisee in Richmond, VA. Tom Fitzgerald joined Planet Fitness in 2020 as the Companys Chief Financial Officer. As can be seen, Planet Fitness stock has outpaced the S&P 500 by almost 2x. Our partners cannot pay us to guarantee favorable reviews of their products or services. industry. Prior to Dunkin, she worked at various communications agencies in both Boston and Washington, DC on behalf of various leading retail brands. Pure to Joseph Pilates' original Reformer-based Contrology Method, but modernized with group read more. Currently, Golds Gym franchise has available markets in almost every state across the country, and select international opportunities. Planet Fitness growth continued over the next decade and in 2013, TSG Consumer Partners, LLC became an equity partner in the Planet Fitness franchise. This could be an indicator that franchisees are doing really well. If you can name a franchise business, it's probably on our Franchise owners marketing list. This FREE 10-part progressive program will help you get movin'. Wed recommend meeting with your bank or accountant to help you determine which franchise is financially doable for you right now. Orange Theory was ranked 49th in the franchise 500 rankings according to entrepreneur.com. [19] According to a Planet Money episode from 2014, "half of the Planet Fitness members don't ever go to their gyms. Total Investment $728,290 - $3,777,800. Please scroll down for a partial list of franchise businesses. in Pilates. Over the last three years, franchises have opened at a rate of 148 units a year. Franchising Since: 2000. Orange Theory Franchise was founded in Boca Raton, Florida in 2009. The gym utilizes a "lunk alarm", which is a loud siren and rotating light that is used when a gymgoer grunts too loudly or drops weights. Paid Grace Period. That said, as of June 2022, Planet Fitness has paused offering franchises. Even though the history of barre dates back to 1959, when the discipline was created by former ballerina Lotte Berk, the ballet/Pilates/yoga hybrid saw a huge boom in the 2010s. Here is a list of our partners. Even though its smaller than Pure Barre. Planet Fitness Franchise Owners' Salary Your gross monthly take is based on your memberships, which range from $10 to $25 per month for the franchise. Currently, the. [11][12] Berks had been catering to the bodybuilding culture in his Gold's Gym. While at Dunkin Brands, he helped lead the technology team that rolled out mobile ordering across 9,000 locations. All initial fees are the same for both initial and conversion franchises. Looks like your subscription is due. Pre-qualified offers are not binding. Our research and analytics team analyzed over 120 franchise concept investment breakdowns in order to calculate this figure. 1),[16] and in its 2016 ranking of franchises, Forbes magazine ranked Planet Fitness No. The Area Development Fee is in addition to the then-current Initial Franchise Fee due for each location at the time the Franchise Agreement for that location is executed. Crunchs fees are on the lower end of the scale: Royalty fees are 5% of monthly gross sales, and advertising fees are 2% of monthly gross sales. [21] Some bodybuilders and weight lifters have found the way they're portrayed in Planet Fitness TV commercials to be offensive, and the way they're treated in Planet Fitness gyms to be "quite possibly discriminatory. You must be logged in to view this form. 4 Liberty Ln. Ms. Kaplan has over 20 years of experience, most recently serving as Global Marketing Operations Advisor for Advent International, a global private equity firm. 2- Based on a midpoint investment of $3,273,300 with estimated profits of $154,587 at a 10% profit margin, it would take about 21 years to recoup your investment. [17], As part of their effort to create a non-intimidating environment, Planet Fitness has alienated many serious weight lifters. But buying into a gym franchise is a less risky venture than building a gym from the ground up. Annually Updated with New Owners of Planet Fitness Locations in the USA. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Please confirm by clicking on the Cancel Subscriptionbutton below. In this role, he will lead the Companys technology evolution and strategy, focused on delivering technology solutions that will continue to enhance the member experience while optimizing infrastructure, data and operations for flexibility and scale. The estimated total investment necessary to begin the operation of an Orange Theory Franchise ranges from $657,542 to $2,105,322. Headquarters: Hampton, New Hampshire. subject to maximum fee of $40,000, Concurrently with our granting a successor franchise to you, Actual costs (approximately $1,200 per visit), Cure Period Extension Fee (Franchise Agreement), Paid monthly via EFT on the day designated as your Monthly Membership Billing Day, as defined in our Franchise Agreement, Grace Period Fee (Area Development Agreement), Paid monthly beginning on the first day of the "[30] They stated that they were unable to stop the pre-scheduled payments on short notice, but would not charge future monthly dues until they reopen, and would also provide a credit for closed days previously paid for. Many of these are one-time fees that are needed to launch the franchise. Estimated total initial investment: $303,000 to $499,850. In addition to standard gym fare, Anytime Fitness locations offer a range of classes and services, like yoga, spin, cardio, Zumba, and personal training. Fitness centers have experienced sustained growth since the post-economic crisis in 2009. [46], Planet Fitness reported that it has around 2,400 gyms worldwide with a total membership of 17 million, generating an annual revenue of $936.8 million at the end of 2022. With that said, a Planet Fitness franchise . The concept currently has over 1,000 franchises in the United States and another 150 international locations and is a subsidiary of Ultimate Fitness Holdings. has over 8,900 franchises across the country. Prospective owners are asked to have a minimum net worth of $3 million and a minimum of $1,500,000 in liquid capital. [31], While Planet Fitness closed many facilities during the onset of the COVID pandemic, during the Delta and Omicron variants there was not a decrease in gym attendance. All reactions: 8. Then, you will be in compliance with the LAF requirement if you spend an amount that satisfies the LAF obligations for all the Planet Fitness businesses in the aggregate. Franchisees must also pay a 5% ongoing royalty fee on all sales to Planet Fitness. The fitness center industry has grown with the rise in disposable income and demand for a more health-conscious lifestyle among millennials. Chris Rondeau has served as the Chief Executive Officer of Planet Fitness since January 2013. She has also held editing roles at LearnVest, a personal finance startup, and its parent company, Northwestern Mutual. Prior to Jiffy Lube, he served on Shells global Downstream Acquisitions & Divestments Leadership Team with responsibility for transaction delivery across North and South America. [52], In March 2016, Planet Fitness partnered with STOMP Out Bullying,[53] a national organization dedicated to bullying prevention, and the Boys & Girls Clubs of America to launch the company's national philanthropic initiative to address bullying, The Judgement Free Generation. Planet Fitness ( PFIP LLC) is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. You'll build confidence while increasing your fitness knowledge. Brand fund contributions (aka advertising fees) are 2% of monthly gross sales, though they may be increased to 3%. This influences which products we write about and where and how the product appears on a page. Jamie Medeiros joined Planet Fitness in 2000, where she worked at the front desk in the Companys third location before transitioning to the Planet Fitness corporate marketing team. Mr. Barber holds a B.S. Comment. Crunch isnt quite as widespread as Planet Fitnesscurrently, they have 300+ open locations in 29 states and five countriesbut with plans to open an additional 1,000+ locations, theyre growing quickly. You must pay a supplemental fee of $5,000, per location remaining to be developed, plus our reasonable out-of-pocket expenses, including external legal and administrative costs we incur in connection with the transfer. He began working at Shell in 2001, holding broad and diverse roles including strategy, business development, project management, and deal delivery. Now, We Own 22 Locations", "What your new gym doesn't want you to know", "Planet Fitness vs. the lunkheads: Why is a health club trying to alienate people who love to work out? An offshoot of the (purportedly) $7 billion UFC brand, UFC Gyms offer MMA-inspired personal and specialized training, traditional and fusion martial arts classes, and youth fitness classes. The following costs are part of the upfront costs included in the initial investment for Planet Fitness locations. Their popularity mostly comes down to their unique business model: All Anytime Fitness locations are open 24 hours a day, seven days a week, and members can access any of those 4,000+ locations no matter where they are in the world. Both within the fitness industry and American culture at large, Golds Gym has become legendary for their famous members (including Arnold Schwarzenegger) and their status as the mecca of bodybuilding. Since their founding by a Merchant Marine veteran in 1965, the Los Angeles-based gym has opened over 700 gyms in 29 states and 29 countries, and their international membership is 3 million devotees strong. Franchisees must also pay a 5% ongoing royalty fee on all sales to Planet Fitness. Plus, that smaller pool of franchisees means each one receives more personalized support from the company. Along with Pure Barre, The Bar Method is one of the best-known barre studios in the country. 1. Sorry. Planet Fitness Initial franchise fee: $20,000 Estimated total initial investment: $1 million to $4.1 million Planet Fitness trademarked the phrase "judgment free zone," so that alone. Classroom Training: 80 hours They also take a fun, irreverent, quirky, and motivating approach to marketing (ever see. The franchise requires that candidates have access to over $90,000 in liquid capital, and a minimum net worth of $300,000. At the moment we can not connect you to the representative of this franchise. Justin Vartanian serves as General Counsel and SVP, International Division overseeing all legal matters and international development. We now have: 2,400+ locations open (and we're just getting started!) Earlier in her career, Ms. Kaplan held several digital and marketing leadership roles at global brands including American Express and Citi, Inc. She serves as an independent member of the Fiesta Restaurant Group Board of Directors, as well as the Massachusetts Innovation & Technology Exchange (MITX). Planet Fitness (PFIP LLC) is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. Planet Fitness is a profitable business for the franchisor, with retained earnings of $210 million in 2021. This information may be different than what you see when you visit a financial institution, service provider or specific products site. This is significantly lower than the midpoint investment of $3,273,500. The more franchises you own, the more earning potential you have as private equity firms become interested in your business instead of individual owner-operators. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. According to Franchise Direct, the initial franchise fee is $20,000, while the area development fee is $10,000. Prior to joining Planet Fitness, Ms. Simmons worked in Finance and Business Planning roles for Timberland, PepsiCo, and Fisher Scientific International. With that accessible attitude in mind, Planet Fitness tries particularly to target the 80% of the American and Canadian population who dont have gym memberships. Previously, he was the Chief Technology Officer at Airline Report Corporation, where he modernized the technology needed to process billions of dollars in payments annually. The franchise has since modernized their routines and worked Pilates, yoga, hip hop, kickboxing, and strength training into their classes, which they claim can burn up to 800 calories in one hour. Prior to Planet Fitness, Ms. Gosselin worked at Dunkin Brands on the global public relations team. [16] Planet Fitness became known as the "Judgement Free Zone", aimed more at the average user than the bodybuilder type of fitness enthusiast. Once you start operating your Pure Barre location, youll be responsible for a monthly royalty fee of 7% of gross sales and a 1% monthly marketing fee. By becoming a franchise owner, you can benefit from a proven business model, existing customer base, and franchisee support system. In her role as Chief Brand Officer, she is responsible for leading Planet Fitness brand strategy and working collaboratively with agencies and across the organization to ensure the brand vision comes to life through national and local marketing strategy, creative, brand marketing sponsorships and activations, and social media. It offers classes for dance, aqua, cycle, box, pilates, and many more. The second Toronto location opened in early 2015. - In Indian currency, the investment comes around Rs 7,14 crores to Rs 31,23 crores. Browse 1000s of reports on 1000s of franchise systems. Planet Fitness Independent Franchisee Council Join Us Today! All financial products, shopping products and services are presented without warranty. [61], In January 2020, Planet Fitness partnered with The Biggest Loser to be the official sponsor of the show's 2020 reboot.[62]. Verizon Wireless, and Westin, just to name a very few. [25][26] The company went public on August 6, 2015. "[22], As early as March 2015, the "Judgement Free Zone" policy was expanded to allow trans women to use the women's locker room. Former Gov. Royalty fees are 7% of the total gross monthly and annual membership fees, and advertising fees vary. in Management Information Systems from Northwood University. You have to pay this upfront fee when opening a Planet Fitness franchise. The chain has over a thousand locations with over 400 units outside the US. [60], In October 2017, Planet Fitness and its members raised $1 million which it donated to the non-profit Boys and Girls Clubs of America. Fitness franchises are currently booming with the largest franchises globally being Anytime Fitness and Planet Fitness. Owning a. means owning a portion of the fastest growing sport in the worlda truly future-proofed business proposition. Subscribe to our newsletters and keep up-to-date with the latest news in the franchise industry. Bringing Franchise Owners Together to Share and Grow. . And with an incredibly low initial franchise fee and upfront investment, Jazzercise is one of the best low-cost franchises youll find, especially within the health and fitness industry.