Seventeen fitness franchise companies made the US Entrepreneur magazine’s 2017 Franchise 500 list, which was released this month. The list includes franchises of any kind.
Anytime Fitness, Hastings, Minnesota, was the highest ranking fitness franchise on the list, coming in at No. 14 compared to its ranking of No. 10 last year.
Two fitness franchises had big jumps on this year’s list compared to last year’s list. Orangetheory Fitness, Fort Lauderdale, Florida, moved to No. 19 on this year’s list after being ranked No. 255 on last year’s list. iLoveKickboxing.com jumped from No. 388 last year to No. 196 this year.
Three fitness franchisors are new to this year’s list: Workout Anytime 24/7 (No. 294), Club Pilates (No. 361) and Title Boxing Club (No. 363).
Fitness franchise companies that were on last year’s list but are missing from this year’s list are Gold’s Gym, i9 Sports, CKO Kickboxing, Brickhouse Cardio Club, The Exercise Coach and Pro Martial Arts Franchise Corp.
The fitness franchise companies that made the 2017 500 list are:
No. 14: Anytime Fitness
No. 19: Orangetheory Fitness
No. 32: Planet Fitness
No. 81: Jazzercise
No. 88: Crunch Franchise
No. 119: Retro Fitness
No. 121: 9Round
No. 125: Snap Fitness
No. 183: Pure Barre
No. 196: iLoveKickboxing.com
No. 251: My Gym Children’s Fitness Centre
No. 285: The Little Gym
No. 290: UFC Gym
No. 294: Workout Anytime 24/7
No. 361: Club Pilates
No. 363: Title Boxing Club
No. 391: Parisi Speed School
This is the 38th year for the Entrepreneur list, which is created based on a variety of data, including data from each company’s 2016 Franchise Disclosure Document (FDD).
This year, 988 companies submitted their FDDs. Only companies with 10 units open as of July 2016, with at least one franchise in the United States or Canada, and which were not in bankruptcy could be considered for the list. The Entrepreneur staff then scored each company based on 150 data points. The scores determined the rankings.
So who did take that top spot. Here are the top 3 for 2017 – drum roll please….
No. 1: 7-Eleven Inc.
No. 2: McDonald’s
No. 3: Dunkin’ Donuts
Source: Club Industry.