Franchise Information Sessions
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Are you a Personal Trainer currently working out of a big name gym, paying rent to someone else and helping them pay off their businesses?
If this sounds like you, then think about this. When looking at the cost of renting PT space in a gym, the average cost was more than $63,000 over a 5 year period.
| Weekly Rent | Annual Rent | 5 Year Total |
|---|---|---|
| $244 | $12,688 | $63,440 |
Compare this to the following table. Here you will find the EFM Resale figures from the past three years, from franchises sold around Australia.
| Club State | Buy | Sell | Gain | Years as Franchisee |
|---|---|---|---|---|
| SA | $50,000 | $60,000 | $10,000 | 8 |
| QLD | $27,000 | $165,000 | $138,000 | 6 |
| VIC | $66,000 | $150,000 | $84,000 | 6 |
| SA | $120,000 | $160,000 | $40,000 | 4 |
| QLD | $50,000 | $100,000 | $50,000 | 7 |
| VIC | $25,000 | $65,000 | $40,000 | 5 |
With the figures above, the average cost to buy an EFM franchise was $56,000.
The average selling price of the franchise was $117,000.
This gave franchise owners an average gain of $61,000.
Purchasing an EFM franchise not only allows you the flexibility and freedom of running your own business out of your own site, but is also financially more rewarding. Why pay $60,000 in rent, when you can sell your business for that profit?
For more information about EFM Franchise Opportunities around Australia, fill in the ‘Franchise Enquiry’ box above!