Franchise Business Review's Top Low-Cost Franchises
9Round Kickboxing, the 30 minute fitness program, was recently featured in the Franchise Business Review for being a low-cost Franchise opportunity.
Franchise Business Review's Top Low-Cost Franchises looks at the top low-investment franchise opportunities based on their annual franchisee satisfaction research into hundreds of leading franchise brands.This report highlights the top brands for low-cost franchises based exclusively on satisfaction, and they dig into what potential franchisees should consider as they research low-investment opportunities. Investing in a business is never without risk, but this list is a great place to start. 9Round Fitness was first on this list in the fitness category along with Baby Boot Camp and Fitness Revolution.
One of the things that makes 9Round so attractive is the low start up cost. There are no expensive machines like tread mills, elliptical, TV's, or expensive barbells. Along with a smaller foot print, the average 9Round location is 1200 square feet, there isn't a lot of inventory to keep in stock. Which is key for a small business to cash flow and turn a profit.
Another perk of a membership based business is the opportunity to build recurring revenue. 9Round has a powerful billing and collection software which allows the club owner to focus on training and delivering quality customer service to each client. We like for our club owners to focus on what they do best, training clients, and not have to worry about collecting payments.
A successful 9Round Franchise can be ran with anywhere from 1-4 employees which keeps labor cost down to a minimum. The corporate office, which is based out of Greenville SC, helps the club owner with site selection, lease negotiation, build out, and they also provide each owner with a 9am-5pm on call account manager for support.