HEALTH AND FITNESS FRANCHISES
Who We Are
Greyson Legal are franchise law experts with extensive experience advising clients within the health and fitness franchise industry.
We have 20 years legal experience representing prospective and existing franchisees. If you are looking to buy a 24/7 fitness franchise, functional fitness franchise, or other fitness oriented franchised business - we can provide you with legal advice and assist you through the franchise business purchase process.
Fitness Industry Market
The sport, fitness and recreation industry is a dynamic sector within the Australian economy, with estimated revenues of $2.9 billion in the 2019-20 financial year. (Source: IBIS World: Gyms and Fitness Centres in Australia - Market Research Report).
The continued growth in this sector derives from various factors, including:
a broad range of fitness options available for consumers to choose from
increased competition within the industry leading to lower costs for consumers
emergence of premium functional fitness gyms
growth in the number of 24 hour gyms
greater awareness of the health benefits of physical activity
Fitness franchises, especially in the 24 hour gym space, have equally grown in popularity. Anytime Fitness and Jetts Fitness, for example, were pioneers in Australia by providing 24-hour gym access for members. A number of other fitness franchise brands have followed their lead.
Here are a few Fitness Franchise clients we have represented
Matt Fiddes Martial Arts
Tribe 41 Functional Training
F45 Functional Training
It is critical not to overlook the legal considerations involved in purchasing a fitness franchise. Franchise Agreements and associated legal documents can be extremely complex. If you fail to understand the implications of signing a Franchise Agreement you could expose yourself to additional risk and run into issues down the track.
At Greyson Legal, we offer a comprehensive Franchise Agreement review and issue you with a thorough written report highlighting the key terms and conditions and detailing our recommendations. We can also assist with clause re-drafting and negotiations with your franchisor.