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Plus Fitness Franchise Overview
Plus Fitness is a prominent Australian-originated gym franchise that has earned numerous awards for its commitment to providing high-quality fitness facilities. As a leading 24/7 gym franchise network, it is one of the fastest-growing in the fitness industry globally. With its head office in Sydney, Australia, and a national office in Ahmedabad, India, Plus Fitness has established a strong presence both in Australia and internationally. The franchise is known for its affordable, world-class gym facilities that cater to an ever-expanding base of fitness enthusiasts.
Business Model and Support
One of the major advantages of owning a Plus Fitness franchise is the turn-key franchise solution it offers. This means that the franchise cost includes all necessary components for setting up the gym, from gym equipment and fit-out to signage, marketing, and IT systems. This comprehensive package allows franchisees to focus on running their gym without the complexity of sourcing or managing these essential resources. Plus Fitness also provides extensive initial and ongoing training, alongside robust support to ensure the success of each franchisee. From the first step of the process to the grand opening and beyond, Plus Fitness is dedicated to helping its franchisees succeed in every aspect of running their business.
Rapid Growth and Global Reach
With over 320 franchises sold globally, Plus Fitness is rapidly expanding its footprint. The brand opens a new club approximately every 21 days, a clear indicator of its popularity and success in the competitive fitness market. This impressive growth rate is a testament to the strong business model, ongoing support, and brand recognition that Plus Fitness offers. The franchise's international presence continues to increase, attracting entrepreneurs from different parts of the world to join its network of franchisees.
Franchise Cost and Financial Details
For those interested in joining the Plus Fitness family, the franchise investment cost typically ranges from Rs. 1 Crore to 2 Crore. The franchise fee is set at Rs. 15,00,000, which is part of the initial investment. Remarkably, Plus Fitness does not charge any royalty or commission, allowing franchisees to retain a larger share of their profits. The return on investment (ROI) is impressive, with the expected ROI standing at approximately 38%. This makes Plus Fitness a financially attractive opportunity for prospective franchisees.
The payback period for the capital invested in a unit franchise is estimated to be around 2 to 3 years, making it a relatively quick route to profitability. However, prospective franchisees should also factor in the floor area requirements, which range from 3,000 to 4,000 square feet for each location.
Plus Fitness offers a compelling opportunity for entrepreneurs looking to invest in the booming fitness industry. With a proven business model, low operational costs, and strong support, it continues to attract individuals eager to benefit from its expanding network.
Operations Commenced On 1996
Franchise Commenced On 2009
Investment INR 1 Cr. - 2 Cr
Franchise/Brand Fee INR 1500000
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 38 %
Likely pay back period of capital for a Unit Franchise 2-3 Years
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Gujarat, Rajasthan, Maharashtra, Goa
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Type of property required for this franchise opportunity Commercial
Floor area requirement 3000 - 4000 Sq.ft
Preferred location of unit franchise outlet Metro area
Detailed operating manuals for franchisees Yes
Franchisee training location India
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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