Core Progression - Franchise
Core Progression is not your typical gym. We are a personal training centric, total wellness, franchise. By combining customized personal and semi-private training with group classes, wellness providers, and retail products we give clients a one-stop wellness shop. Through experience, we discovered that big box gyms were treating personal training as an “add-on service” and not giving it the attention it deserved. Capitalizing on this oversight, Core Progression was developed to revolutionize the personal training industry. We provide excellent customer service while focusing solely on unparalleled, results-driven training in a clean and fun environment. By incorporating facility memberships, personality tests, science-based training, and a unique modern design, it is no surprise that we have experienced 10 years of consistent growth and outlasted many other fitness trends.
What Does a Core Progression Franchise Cost?
To buy a franchise with Core Progression, you'll need to have at least liquid capital of $75,000 and a minimum net worth of $300,000. Franchisees can expect to make a total investment of $152,990 - $508,630. They also offer financing via 3rd party as well as a discount for veterans (15% off first territory). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $75,000 What does Liquid Capital mean? |
---|---|
Net Worth: | $300,000 What does Net Worth mean? |
Total Investment: | $152,990 - $508,630 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | 15% off first territory |
Franchisor Details
Facts about this franchise:
Total Units: | 2 |
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Home Office: | Northglenn, CO |
Year Founded: | 2008 |
Franchising Since: | 2017 |
Core Progression is not your typical gym. We’re a personal training-centric, total wellness franchise concept. Combining customized personal and semi-private training with group classes, wellness providers and retail products, we give clients a one-stop wellness shop.
Big box gyms are treating personal training as an “add-on service” and not giving it the attention it deserves. Capitalizing on their oversight, our purpose is to revolutionize the personal training industry. We provide excellent customer service while focusing solely on unparalleled results-driven training, in a clean and fun environment.
Incorporating facility memberships, personality tests to place members with the right trainer, science-based training and a unique modern design, it’s no surprise that we’ve experienced 10 years of consistent growth and outlasted many other fitness trends.
5 Reasons to Investigate Core Progression:
- Revolutionary Concept: We’re the first personal training-centric franchise. Our science-based approach to training and utilization of personality tests guarantees our clients will see the results they’re looking for.
- Low Stress Model: Big box gyms need 1,500 clients to be successful whereas Core Progression is profitable with only 100. That takes the pressure of finding hundreds of customers off of you and allows your studio to focus on your clients. As a result, we enjoy an 80% customer retention rate.
- Multiple Revenue Streams: We offer 5 revenue streams, including personal training, semi-private training, group classes, room rentals to wellness providers and retail sales.
- No Employees: The staff at Core Progression are independent contractors, minimizing payroll costs.
- Modern Design: Our studios have a luxury feel at an affordable price. The modern “industrial chic” design of our locations enhances the client experience and increases retention.
The Industry
The Personal Training industry is a $10 billion-a-year industry that is projected to grow by 24% from 2010 to 2020. An increasing focus on health and weight loss is leading more people to hire a personal fitness coach. Personal trainers are one of the top five fastest growing careers, and one-on-one training has remained in the top ten fitness trends for the last nine years.
The American College of Sports Medicine cites the top industry trends right now as body weight training, HIIT training, and strength training, all of which are offered at Core Progression. The increasing popularity of custom fitness plans and the rising demand for boutique studios has Core Progression poised to be a stable and profitable business.
Your Typical Day
If you’re an Owner/Operator type, then you’ll be hiring and overseeing the independent contractors that work in your gym. You’ll engage clients by selling memberships, managing renewals, and building your community’s brand awareness. You’ll handle all the administrative activities of managing your gym, such as PnL management, equipment maintenance, supply chain and marketing. If you’re more of a Semi-Absentee owner, you’ll hire a manager, hold meetings and review financial performance. Or if you’re an investor, you’ll host a weekly phone call to check in and do a monthly review of performance.
Ideal Candidate
Our Franchise Owners do not need a background in fitness but it is important that they are a fitness enthusiast. Successful Franchise Owners will devote the majority of their time to running the business from behind the scenes, which is why a business background is heavily emphasized.
You’ll succeed in being awarded a franchise if you have:
- Business Acumen
- Leadership / Management Experience
- Fitness Knowledge
- A Passion for Changing Lives
- Motivation to Succeed
- A Friendly & Outgoing Personality
You don’t need to have a background in fitness, but it’s important that you’re a fitness enthusiast. To be successful, you’ll have to devote the majority of your time to running the studio from behind the scenes, which is why a business background is heavily emphasized.
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Awards
Core Progression has received the following awards and acknowledgements:
Franchise Gator Top Emerging (2018)
Availability
Core Progression is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $75,000 in liquid capital to invest.
Thank You for Your Interest in this Franchise Opportunity!"
Great news! Core Progression has reached its current goals thanks to high demand. We're now enhancing these new partnerships. More opportunities are coming soon— sign up here for updates and be the first to know! Here are the few other suggestions to start with.
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