Interested in opening a sports franchise? You’ve got good instincts. Sports and fitness can be a lucrative business opportunity with so many options on the playing field. The sports and fitness industry has experienced significant growth in recent years. The latest figures by IBISWorld, value the industry at over $30 billion here in the U.S., driven by increased awareness of health and wellness. People are becoming more conscious of the importance of staying active and maintaining a healthy lifestyle, increasing demand for sports and fitness services.
Benefits of Investing in a Sports Franchise
This health-conscious consumer demand equates to a good franchise opportunity for you. Consider the advantages of being a sports franchise owner.
- Diverse revenue streams: Some franchises in the sports and fitness industry offer various revenue streams, including membership fees, personal training sessions, group classes, merchandise sales, sponsorship deals, and event hosting. This diversity allows businesses to generate income from multiple sources.
- Recurring revenue: Many sports and fitness franchises operate on a subscription or membership-based model. This structure provides a consistent stream of recurring revenue, making it easier to forecast and plan for future growth.
- Niche markets: Within the sports and fitness franchise industry, there are numerous niche markets that can be targeted. By catering to specific demographics or offering specialized services, businesses can differentiate themselves and attract a dedicated customer base.
Being part of a sports franchise requires careful planning, market research, and a solid understanding of the target audience. To find the most profitable sports franchises, look for a franchise that has a unique value proposition, provides high-quality services, and is competitive.
5 Franchises to Consider
As you search for the most profitable sports franchises, know what you want to spend. There are some low-cost franchises with high profit potential, including some franchises under 100K. The first step is determining what kind of franchise suits you personally, professionally, and financially. Below are some options:
- Jazzercise: This is a niche group fitness class, typically catering to women, allowing you to own your franchise location and run classes yourself or leave it to staff instructors. There is a low initial franchise fee with overall startup costs under $100K.
- Tiger-Rock Martial Arts: This is a facility that provides martial arts training and fitness to both children and adults. Their franchise fee is $25,000 to get started and their initial investment is right in the ballpark of $100K.
- British Swim School: This is a learn to swim program designed for children from 3-months-old to adults. There is a $45,000 franchise fee and the initial investment ranges from $94,000 to $125,000 – putting you just above the 100K threshold depending on where you open your location among other variables.
- Live 2 B Healthy: This franchise brand offers on-site fitness to senior residents, allowing them to stay fit and healthy. The franchise fee is under $35,000 and the initial investment is under $40,000.
- Skyhawks Sports Academy: A leading youth sports franchise providing a safe, fun, and skill-based sports experience for kids between the ages of 4 and 12. The franchise has an initial franchise fee ranging between $15,000 and $42,500, with an investment range under $100K.
Consider the Skyhawks Franchise Option
Becoming a franchise owner with Skyhawks Sports Academy checks all your boxes when looking for an ideal franchise investment. With our business model, you can enjoy owning a business with great work/life flexibility while satisfying customer demand by providing a great service to your community.
In addition to offering organized sports for kids between 4 and 12, Skyhawks has a SuperTots Sports Academy, which offers classes and enrichment programs for little ones ages 18-months to 5-years-old. We offer up to 11 different sports across a variety of programs including traditional summer camps, leagues, after-school programs, STEM Sports®, clinics, and classes. These offerings provide a variety of revenue streams to you as an owner throughout the whole year.
Being part of a low-cost sports franchise means you’re part of the growing $19 billion youth sports industry in the U.S. according to Wintergreen Research. Parents are increasingly seeking opportunities for their children to participate in organized sports and physical activities to promote their overall development and well-being. This demand creates a favorable market for kids’ sports franchises.
We’ve been perfecting our model for more than 40 years, simplifying your entry into the market. Our pre-designed programs, curriculum, marketing materials, and operational systems have been fine-tuned through experience. We’re dedicated to your success with a comprehensive training program and ongoing support to help you set-up and run your business. Franchise ownership with Skyhawks means you enjoy immediate brand recognition and credibility, attracting a customer base that helps you stand out in a competitive market.
You’ll have the potential to make a positive impact on your local community by providing children with opportunities for physical activity, skill development, and social interaction. This is personally rewarding as the services you’re providing for kids promotes the importance of active lifestyles, personal growth, and development.If you’re looking for one of the most profitable sports franchises, Skyhawks gives you a lucrative opportunity with a low cost of entry into the growing youth sports industry. Request franchise info to learn more.