|
GYMGUYZ Franchise ProfileFitness Franchises > Personal Training |
How To Open a GYMGUYZ Franchise?
To begin your journey with GYMGUYZ, the world's largest mobile fitness franchise, you should start by submitting an initial inquiry to express your interest. If you meet the financial requirements, including a minimum of $50,000 in liquid capital and a net worth of $150,000, you will likely engage in a series of discovery calls with a franchise representative. These discussions cover the brand's unique mobile business model and the initial franchise fee of $49,500. After completing due diligence and attending a discovery day to meet the executive team, you may be awarded a territory. Once the agreement is signed, you will undergo comprehensive training to learn how to deliver personalized in-home workouts and manage your fleet of branded vans.
What Might Make a GYMGUYZ Franchise a Good Choice?
GYMGUYZ offers a lower barrier to entry compared to traditional brick-and-mortar gyms, with a low initial investment starting at $92,100 and reaching up to $174,000. Because the business is mobile and van-based, you can avoid the high overhead costs associated with commercial real estate, such as expensive leases and facility maintenance. The brand has demonstrated consistent growth, expanding from 97 franchised units in 2022 to 116 units by 2024. Prospective owners should account for ongoing costs, including a 7% royalty fee and a 2% marketing fee. For those seeking a faster path to operations, the brand has shown a relatively quick breakeven time of approximately 6 months, though long-term investment payback is estimated at 95 months.
Why You May Want to Start a GYMGUYZ Franchise?
Starting a GYMGUYZ franchise allows you to tap into the booming "fitness at your doorstep" trend, providing convenience to clients who prefer working out at home, in the office, or at local parks. You don't need a background in fitness to be successful; rather, the brand looks for motivated individuals with strong leadership skills who can manage a team of certified personal trainers. The mobile model provides flexibility and scalability, allowing you to add more vans and trainers as your client base grows. With a median annual revenue per unit of $150,000 and the highest performing units reaching over $161,000, the business model is designed to reward high-energy entrepreneurs who are passionate about changing lives through health and wellness.
Is Owning a GYMGUYZ Franchise the Right Move for You?
If you are looking for a business that breaks the mold of the traditional gym industry, GYMGUYZ might be the perfect fit. Since you are bringing the workout to the customer, you are providing a solution to the biggest barrier in fitness: lack of time. With 116 franchised units currently in operation and a stable corporate presence of 3 company-owned units, the system is well-established and supported. You must be prepared to handle the operational logistics of a mobile fleet and stay active in local marketing to drive brand awareness. If you have the drive to lead a team and the financial readiness to invest in a growing health brand, you could be ready to bring the gym to your community.
GYMGUYZ Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
GYMGUYZ Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2022 | 2023 | 2024 |
|---|---|---|---|
| Total Units | 100 | 122 | 119 |
| Net Change YoY | N/A | 22 | -3 |
| Franchised Units | 97 | 119 | 116 |
| Net Change YoY | N/A | 22 | -3 |
| Corporate Units | 3 | 3 | 3 |
| Net Change YoY | N/A | 0 | 0 |
Investment Requirements
To become a GYMGUYZ franchisee, you will need a minimum of $50,000 in liquid capital and a net worth of at least $150,000. The total initial investment ranges from a low of $92,100 to a high of $174,000, which includes an initial franchise fee of $49,500. This low-cost entry model is designed to provide an accessible path for entrepreneurs looking to enter the mobile fitness industry.
Ongoing Fees
Franchisees are required to pay a monthly royalty fee of 7% of gross sales to the franchisor. Additionally, there is a 2% marketing fee dedicated to brand development and promotional efforts. These fees support the ongoing corporate infrastructure, training programs, and national brand awareness initiatives that benefit all units within the franchise system.
Unit Growth and Network
GYMGUYZ has demonstrated a consistent presence in the fitness market, growing from 100 total units in 2022 to a peak of 122 units in 2023. As of 2024, the network consists of 119 total units, including 116 franchised locations and 3 corporate-owned units. This distribution highlights a business model heavily focused on franchise expansion and owner-operator success.
Financial Performance
Based on the latest disclosure data, the franchise has seen a median annual revenue per unit of $150,000. While performance varies by territory and management, the highest performing units have reached annual revenues of $161,702. Prospective owners should evaluate these figures alongside their local market conditions to project potential earnings.
Breakeven and Payback
The GYMGUYZ model is designed for a relatively quick operational start, with an estimated breakeven time of approximately 6 months. The long-term investment payback period is projected at 95 months. This timeline allows franchisees to focus on scaling their mobile fitness fleet and building a recurring client base during the early stages of the business.
Franchise Opportunity
GYMGUYZ offers a unique mobile personal training franchise that brings the gym to the client. By eliminating the overhead of a traditional brick-and-mortar facility, franchisees can operate with lower fixed costs. With a proven system, a growing network of over 110 locations, and a focus on convenience and personalized health, it represents a modern solution in the evolving fitness landscape.
Frequently Asked Questions
The total investment necessary to begin operation of a GYMGUYZ franchise ranges from $92,100 to $174,000. This range covers various startup costs including the initial franchise fee, equipment, and initial marketing.