Crunch
Fitness centers- 2023 Franchise 500 Rank
-
#39 Ranked #43 last year
- Initial investment
-
$399K - $7M
- Units as of 2022
-
408 45.7% over 3 years
Crunch is a gym franchise that encourages patrons to work out in a fun environment.
With signature group workout sessions that blend entertainment and hard work, the gym franchise has welcomed diverse groups through its doors since opening and beginning to franchise in 2010. No matter your age, gender, or race, the franchise strives to create an empowering atmosphere where you can feel good about getting fit.
Crunch has more than 225 locations in the United States, another few dozen in Canada, and even a few international franchises. With the gym and personal fitness industry being an increasingly important one, you may find that opening a Crunch franchise is a good decision for you.
Why You May Want to Start a Crunch Franchise?
Blending business with health and exercise couldn’t get any more “gym-azing” (to use Crunch’s words). With transparent information on sales and optimal locations, Crunch may help you make all the right business decisions for your franchise from the start.
The franchise also gives your gym the support to promote both locally and nationally, taking advantage of the digital front. Crunch’s No Judgements®, a pressure-free attitude, may make signing up for a membership appealing to a broad audience. This may increase your chances at gaining customers and succeeding as a Crunch franchisee.
When you start a Crunch franchise, you create a loyal community that promotes healthy lifestyles. You also may create the “fun jobs near me” that personal trainers are typically searching for.
What Might Make a Crunch Franchise a Good Choice?
To be part of the Crunch team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Terms of agreement between Crunch and its franchisees usually last for 10 years, at which point you will be offered the chance to renew your franchise for a sum if the company wishes to continue its relationship with you.
How to Open a Crunch Franchise
Before making any financial commitments or signing an agreement with Crunch, you must perform your due diligence and establish if this is the right opportunity for you. This process may also include speaking to a financial planner and an attorney.
To get started with Crunch, you’ll fill out an online application. If your application and finances are approved, you’ll learn more about what it means to own a Crunch franchise. You may attend a webinar, download the Franchise Disclosure Document, and speak with other franchisees to better understand the business.
Speak to existing franchisees and ask questions directed to the Crunch team. If your net worth and available liquid capital match the brand’s requirements, you may qualify to open a Crunch franchise, and you can get started with an initial investment and training.
Once you meet with executives and tour a Crunch gym, you may decide to open a Crunch franchise. If both parties feel you’re a good fit for the brand, you’ll sign an agreement form and start “working out” your Crunch franchise location.
Company Overview
About Crunch
- Industry
- Health & Wellness
- Related Categories
- Fitness
- Founded
- 2010
- Leadership
- Ben Midgley, CEO
- Corporate Address
-
1 Harbour Pl., #230
Portsmouth, NH 03801
Business Overview
- Franchising Since
- 2010 (2023-2010 years)
- # of employees at HQ
- 50
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 408 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Crunch franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $25,000
-
Initial Investment
Information Circle - $398,500 - $6,986,000
-
Net Worth Requirement
Information Circle - $2,000,000
-
Cash Requirement
Information Circle - $400,000 - $500,000
-
Veteran Incentives
Information Circle - 20% off franchise fee with purchase of 3+ clubs
-
Royalty Fee
Information Circle - 5%
-
Ad Royalty Fee
Information Circle - 2%
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Crunch has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 200 hours
- Classroom Training
- 40 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 15
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like Crunch? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Crunch landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Crunch ranked on other franchise lists? Find out below.
Ranked #39 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #117 in 2023
Meet the companies that are leveraging their ability to scale fast across the U.S. and Canada in Entrepreneur's annual fastest-growing franchises ranking.
Ranked #30 in 2023
Top Global Franchises
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Crunch.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One
A successful private equity transaction for your franchise business means bringing on the right strategic thought partner.
What Makes Ellie Mental Health a Top New & Emerging Franchise
CEO Erin Pash was skeptical of using franchising to expand her mental health business at first, but now she's seen the positive impact it can have
The Real Cost of Franchising Your Business
Franchising can be a low-cost way to expand your brand — but it's not no cost. Here's what to keep in mind.
Understanding the Basics of Franchising Your Business
Is franchising right for you? Unlock your business's potential and learn where to start.
How to Evaluate Whether a Franchise Opportunity is Right for You
Buying a franchise is a significant investment, so don't rush the process.
How to go From Aspiring Entrepreneur to Successful Franchisee in 9 Steps
Ready to become a franchise owner? Use this checklist to get started.