Profitable Gym Franchises to Invest in India
The fitness industry in India is witnessing an exceptional growth and the trend is likely to multiply in the forecast period. With the rise in the consumers choosing to live healthier lifestyle, the demand for fitness center, wellness centers, gyms and studios is most likely to increase exponentially, without any hindrance. The Indian fitness industry is expected to reach USD 554.2 million by 2022. Nowadays, the most common decision by a person in order to become healthy is to join a gym. The obsession and enthusiasm towards fitness has given birth to a large number of gyms and gym franchises in India. Here is the list of profitable Gym franchises in India:
- Gold’s Gym:
Gold’s Gym is the most recognized name in fitness and the largest co-ed gym chain in the world. It has got 50 years of history and shining future ahead of it. The brand claims its global brand strength to be unrivalled. Gold’s Gym was started in the year 1965 by Joe Gold who opened the first gym in Venice Beach, California. The brand has succeeded in having more than 2 million members worldwide. Also, Gold’s Gym is currently the fastest growing International gym chain in India.
- Fitness First.
This international fitness center brand was founded in 1993 in the UK. Fitness First has more than 380 franchises and more than 10 lakhs members in more than 17 countries of the world.
- SK 27 Gym:
SK 27 is a fitness franchise in India, founded by the fitness enthusiast Salman Khan himself, striving to provide affordable gyms with extensive expertise and state-of-the-art equipment. SK -27 offers a platform to you to set up your own gym to spread the message of good health and expand the industry. Each of its fitness facilities meets the International standards.
- Talwalkars Gym:
Talwalkars is the largest chain of health clubs with over 15 ultra-modern gyms across 80 cities with more than 2 lacs members in India. The company was started in 2003. The minimum investment required is 1 crore INR and the minimum area required is 2500 square feet.
- Snap Fitness:
Snap Fitness is a privately owned and operated health and fitness club founded in 2003 by Peter Taunton. The brand is the world’s premier gym dedicated to providing results to members through 24-7 access to high intensity interval training. The company has more than 2500 clubs in over 24 countries. The minimum outlet space required is 3000 Sq. Ft. and the cost of investment would be between 1.3 to 1.5 crores.
The profit margin for Snap Fitness is considered to be around 40 percent.
- O2 Gym:
O2 gym has multi specialty center concept. It has a wide range of services for the customers like gym and spa, integrating all the possible relaxation, exercises and group exercise techniques. It aims to provide people with the right method and equipment to improve their health and fitness. The brand is also an active promoter of the Go Green campaign. The amount of investment is 50 lacs to 2 crores and the minimum area required is 3000 to 7000 Sq. Ft.
The gym business in India is booming and if you too want to invest in it we are here to help you out. We can help you suggest the best franchise for you. For more details contact:
Email id: support@franchiseinsider.in
Website: www.franchiseinsider.in
Phone: +91 6351238956
