The report highlighted by the British Franchise Exhibition (BFE), which takes place on 17-18 June at EventCity Manchester, found 34 per cent of UK adults said they arent members of a gym but would like to join one. Meanwhile, 12 per cent of existing members are looking for a new location to work up a sweat.The demand for health clubs has risen six per cent annually, while the BFE found franchised companies and the affordable options they bring to the market is enabling them to dominate. Particularly as fees play a part in Brits decisions to join gyms.
Brett Edwards, GM at Anytime Fitness, said:Access to gyms has increased dramatically; they are on our high street and range from budget to high end. Our job is to strike a chord with these consumers and appeal to them as a club not just a place to work out.Investing in a health and fitness franchise is one of the smartest business moves you could make in 2016. It is such a lucrative market, consumers are starting to get smart about what they want so businesses need to wise up to that too, as this survey suggests. The British Franchise Association (BFA) found that 97 per cent of franchise-owned units reported profitability last year, which encouraged the BFE to insist franchising is in the best shape it’s ever been . BFA CEO Pip Wilkins said: There is a wide range of business opportunities for different budgets. More choice in a growing marketplace means entrepreneurs are taking notice.
Read more on the fitness sector:
- Xercise4Less to open 20 new UK-wide gyms with 7.6m BGF investment
- Why women have slammed Superdrugs ridiculous, sexist fitness marketing effort
- Small UK fitness ventures muscle in on gym chains with 37 per cent growth
We dug deep to find out how the boutique fitness sector is squaring up to gym chain giants in David vs Goliath battle.Image: Shutterstock
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