Do you want to start a gym house business by buying La Fitness franchise? If YES, here is how much it cost to open a La Fitness franchise.
LA fitness is owned by Private Bodies whose goal is to offer its help to as many people as possible, guiding them through achieving a healthier and happier lifestyle. The principal ownership interests of this firm are possessed by a private equity firm Seidler Equity Partners and Madison Dearborn Partners.
The LA Franchise has become a very attractive franchise opportunity for those entrepreneurs who are interested in getting involved in a health and fitness business. If you are interested in this franchise, then follow us as we tell you a little more about the requirements to open this franchise.
How Much It Cost to Open a La Fitness Franchise
LA Fitness offers franchise, and the total cost of acquiring this franchise business lies between $77,000 and $250,000. This of course is not all the fees you have to pay as an owner of the LA fitness franchise. The franchise fee would cost you anywhere from $15,000 to $30,000, depending on the size of your unit.
You will also need to have a liquid investment capital of $50,000 before the company can do business with you. You are also required to pay other legal fees and royalties fees which usually fall anywhere between $400 and $500 per month.
These requirements tend to vary based on size, and because the company has not set standards on how much these amounts should be.
How to Open an LA Fitness Franchise?
If you are interested in the LA fitness franchise, then you ought to know how to acquiring this business. You should note that LA fitness company only listens to entrepreneurs who have the qualified papers, the confidence to run the business, and people who are able to help the franchise develop and grow.
Entrepreneurs that are interested in starting an LA Fitness franchise can contact the company straight on their website at www.lafitness.com. You can look for the company’s franchise intention form, fill it and send to them. The company would reply you in a short time and answer all your questions pertaining to the franchise.
LA Fitness Franchise Training and Support
LA Fitness franchise provides a comprehensive training and support to its franchisees. The support LA Fitness franchise offers to its franchisees include;
- Financial aid
- The franchisees get installation team from the company to install the equipment on their behalf.
- LA Fitness franchise provides marketing support for its franchisees.
- Franchisees receive advertising support from the firm.
What You Must Know About La Franchise
The LA fitness is a popular health club that is gaining fast grounds in the united states and in the international community. The center was founded in the year 1984 by Chin Yi and Louis Welch. This fitness center began as a single station at the intersection between Arrow Highway and Hollenbeck Avenue in Los Angeles, California, United States.
The company offers the widest range of amenities any fitness center has to offer as well as one of the most affordable prices in a friendly and inviting atmosphere. Their services include offering the most modern equipment for fitness use, kids clubs, sports leagues and personal training. Some centers also have Indoor heated lap pool, whirlpool spa and saunas; yoga, cycling, mat pilates, kickbox cardio, aqua aerobics, and much more.
Since it first started operation, the company has grown from a single club into many fitness centers and health clubs in the United States, Canada, and internationally. The headquarters of LA Fitness franchise is located in Irvine, California, United States.
In 1995, the company came up with a multipurpose sports and fitness club that became the firm’s sign model at the moment.
Their amenities include juice bars, locker rooms, group exercise rooms, courts, pools and exercise equipment rooms. The LA Fitness Company is open 24/7, making it convenient for anyone and everyone. The company also acquired other companies and exercise clubs to boost its strength.
These clubs include 171 clubs from Bally Total Fitness, 33 clubs from Lifestyle Family Fitness Clubs, Buffalo and Rochester Athletic Clubs in New York, and 10 Vision Quest Sport and Fitness clubs in Seattle area.
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