Small fitness franchises like Extreme Gym when compared to large fitness franchises have many more benefits than what you might expect. One of the things you don’t want to stress about day in and day out is the amount of your rent. Although not all small franchises help set you up in a location with low rent, Extreme Gym does assist you in finding a location that fits your budget usually around $1500 to $2500 monthly for a 2200 to 5000 sq ft space. Keep in mind the smaller your space the lower your utility cost also. Remember, the larger the space the higher your electricity, cooling and heating cost will be and the bigger the space the more members you must sell to cover all that overhead expense. A larger space means you have to try and accomplish a 3000 – 5000 member base and more importantly try to retain those members. Going small only requires about 300 – 700 members to cover the overhead and make a nice comfortable living.
Small Gym Franchises vs Large Gym Franchises
Another aspect of small gym franchises vs large gym franchises is a lower franchisee fee and lower royalty fees. Extreme gym has the lowest franchise fee of any fitness franchise and at the moment offer gym franchises with no royalty fees. The cost for equipment is less with a small franchise as well as the total investment. Ongoing support is one of the most important aspects of any franchise. The smaller the gym the more hands on support you will likely receive when compared to larger gym franchises with thousands of locations. There just aren’t enough employees to service every franchisee one on one . We have all heard of the age old cliche “start small and work your way up” Well that holds especially true when choosing between a small and a large gym.
