The load loss market is a billion greenback business. In actual fact, it’s $72.6 billion and is forecasted to extend to $75 billion this yr. In the event you’re trying to be part of this recession resistent business, Curves / Jenny Craig have been main gamers serving this marketplace for many years.
Curves and Jenny Craig are two separate weight reduction facilities. Curves is extra of a fitness center whereas Jenny Craig is a weight reduction program. The 2 function individually however come collectively to assist their shoppers drop some weight and reside a wholesome life-style underneath the twin branded Curves / Jenny Craig middle.
How a lot does it price to open Curves / Jenny Craig? For Curves / Jenny Craig facilities, the liquid capital to franchise with them begins at $50,000 and a minimal web value of $150,000 is required. The estimated preliminary funding vary is $150,000 – $155,000 with a franchise price of $90,000.
On this franchise evaluate, I consider the enterprise mannequin of Curves / Jenny Craig. I break down the benefits and challenges and whether or not or not they might be the proper franchise. Take this 7-minute franchise quiz to seek out out if that is the proper alternative.
Monetary Necessities and Charges
| Charges / Bills | Monetary Quantity |
| Liquid Capital | $50,000 |
| Internet Value | $150,000 |
| Complete Funding | $150,000 to $155,000 |
| Franchise Payment | $90,000 |
These are the monetary necessities to open a twin branded Curves / Jenny Craig middle. However it’s also possible to franchise these facilities individually. There’s not a lot info on what the opposite bills are for the twin branded middle. However must you resolve to open a Curves or Jenny Craig individually, word that the estimated funding for a Curves middle is $45,595 to $75,295 whereas a Jenny Craig is $182,100 – $433,000.
As well as, each companies provide a veteran low cost. Although Jenny Craig has not disclosed their precise low cost provide, Curves then again gives to waive their $499 coaching price for any veteran. Financing for each companies isn’t out there.
Curves and Jenny Craig are two separate weight reduction companies which explains why the startup price varies between the 2 alternatives. Additionally, do word that this knowledge isn’t official since Curves / Jenny Craig will solely disclose their precise franchise monetary info while you inquire with them straight. These numbers might not be up to date on the time of this writing.
Common Gross sales / Income per 12 months
There isn’t a recognized official knowledge for the twin branded middle and Curves’ income however for Jenny Craig, Zippia reviews that the load loss program has annual income of $483 million.
Curves / Jenny Craig Franchise Information
| Complete Items | 173 (Curves) / 500 (Jenny Craig) |
| Included Title | Curves Worldwide, Inc. / Jenny Craig |
| Franchising Since | 1995 (each corporations) |
| Business | Weight Loss |
| Subsector | Gymnasium / Program |
Curves for Ladies began in 1992 in Harlingen, Texas by Gary and Diane Heavin. The Heavin’s believed there have been obstacles stopping girls from entry and sustaining a fundamental health. These challenges included: time restraints as a consequence of caring for household / youngsters, the high-expense of fitness center memberships, and the intimidation of becoming a member of a fitness center the place everybody else is already in form. Many ladies felt a way of self-consciousness and others didn’t need to work out round males. So the Heavin’s opened Curves for Ladies by tackling and adjusting these obstacles.
By 1995, Curves franchised their gyms and by 2002, they had been in a position to have 3,000 franchises in the US and internationally with over 1,000,000 members. Entrepreneur journal’s Franchise 500 record ranked Curves for Ladies because the third fastest-growing franchise in 2002.
Jenny Craig then again opened her weight reduction middle in 1983 together with her husband Sid Craig. Jenny Craig was struggling to drop some weight after her second youngster that she determined to take motion and create a weight reduction program that was sustainable and labored for mothers. Her weight reduction program contains nutritious and well-proportioned meals for shoppers. For nearly 40 years, Jenny Craig helped hundreds of thousands of individuals drop some weight by way of wholesome consuming and train.
In 2015, it was reported that Curves and Jenny Craig would come collectively to supply weight reduction applications that concerned maintaining a healthy diet meals and incorporate train actions as properly. Jenny Craig’s menu plan is customized whereas Curves supplied 30-minute full-body exercise with cardio, energy coaching, and stretching for each health stage. prospects can enroll in this system collectively or individually by visiting Curves/ Jenny Craig facilities.
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As of the second there isn’t a franchise info as to how one can open a twin branded Curves / Jenny Craig middle. However to franchise simply Curves, you’ll have to finish the shape right here that can get you to obtain their Discovery Packet. As for Jenny Craig, you’ll must contact them by calling 1-800-536-6922 or full the contact kind right here.
Curves is a verified member of the Franchise Registry and the US Small Enterprise Administration and is owned by Koshidaka Holdings Co Ltd. whereas Jenny Craig is owned by H.I.G. Capital.
How A lot Does Curves / Jenny Craig Make in Revenue?
There isn’t a up to date info on how a lot Curves / Jenny Craig facilities make in revenue. In accordance with this interview with the CEO in 2018, Jenny Craig introduced in an annual income of $400 million. That’s not very inspiring since which means the everyday location would gross properly underneath $1 million in income yearly. The common revenue margin of health golf equipment is between 15% – 20% of whole income in keeping with consultants.
Benefits of a Curves / Jenny Craig Franchise
Franchising a Curves / Jenny Craig middle can result in a number of benefits. Listed below are a couple of you possibly can count on.
Joint Weight Loss Program
As talked about above, Curves / Jenny Craig is a twin branded weight reduction middle that gives the very best of each worlds that are train actions for you coupled with a personalised meal plan that can assist you reside a wholesome life-style. Not a whole lot of applications or facilities have these two providers and for those who franchise a Curves / Jenny Craig, you’re making weight reduction simpler and extra accessible to the individuals close to your location.
Main Key Participant
A 2022 analysis report by the International Well being and Health Membership Market cited Curves Worldwide as a serious key participant. One other analysis confirmed that Jenny Craig can also be forecasted as a serious participant within the Ladies Weight Administration market. Each companies look to be doing properly as key gamers within the weight reduction business and if you’re to franchise with them, it’s also possible to be part of these corporations’ development.
Challenges of a Curves / Jenny Craig Franchise
Even a protracted operating enterprise franchise like Curves / Jenny Craig could have some challenges. Listed below are a couple of of them.
Historical past of Decline
Although Jenny Craig appears to be sustaining their enterprise, however the identical can’t be stated to Curves. The load loss and health middle have seen a big decline within the variety of items over the previous decade. As an example, Curves used to have greater than a thousand areas. However now they’re all the way down to lower than 200 areas. In addition they was once often called “The World’s Largest Health Middle Franchise” by Guinness World Information in 2000. Although the file isn’t up to date anymore, the title isn’t longer held by Curves.
So for those who franchise with Curves / Jenny Craig, this historical past of decline could taint your weight reduction middle’s popularity.
Competitors
Each Curves and Jenny Craig face robust competitors in the US. Curves as a health middle go up towards giants equivalent to Anytime Health and Gold’s Gymnasium. In the meantime, Jenny Craig additionally face widespread weight reduction applications like Weight Watchers. In actual fact, Sports activities Illustrated picked Weight Watchers because the Greatest Total Weight Loss Program for Ladies whereas Jenny Craig was chosen as Greatest Meal Supply.
In the event you franchise Curves / Jenny Craig, know that you simply’re going up towards a number of weight reduction facilities so that you may need to review your demographic and placement earlier than committing to franchising.
Lack of Franchise Data
There’s not a lot info out there on-line on how one can franchise Curves / Jenny Craig facilities. These twin branded facilities aren’t talked about in Curves’ web site and Jenny Craig’s web site both. Some Curves / Jenny Craig facilities have additionally reportedly closed whereas leaving one open. So for those who’re planning to franchise a Curves / Jenny Craig, you’ll must inquire straight since there was a lack of awareness since 2019.
Is the Curves / Jenny Craig Franchise Proper For You?
Opening a weight reduction and health middle looks like a very good time for the time being particularly when the load loss market is on the rise. However whereas the business continues to develop, the Curves franchise alternative continues to say no. Perhaps the provide now not resonates with the fashionable girls the identical method it did within the 90s? There’s been much more competitors together with at-home choices like Peloton which have come to market within the Nineteen Nineties. The differentiators that made Curves so profitable prior to now aren’t as massive of an issue for ladies any longer.
Nonetheless, one should additionally research all the things there’s {that a} franchise has to supply. And with Curves / Jenny Craig, I don’t see any sturdy catalyst for a efficiency turnaround. You’ll be able to nonetheless speak to them and inquire personally for his or her financials and look into their Franchise Disclosure Doc to higher perceive the enterprise. However till then, I can’t give my suggestion to spend money on a Curves / Jenny Craig. It’s essential do your personal homework and discover out if that is the proper funding for you.
What’s another Curves / Jenny Craig franchise?
One weight reduction and health middle that you could franchise is Anytime Health. They’ve made a reputation for being a fitness center that’s accessible wherever on the earth and operates 24/7 at that. They provide private coaching as properly. Anytime Health has 5,000 areas in the US and internationally.
To franchise Anytime Health, count on the funding to vary from $381,575 to $783,897 with a franchise price of $42,500.
In case you are keen about weight reduction and serving to different individuals get right into a wholesome form, then weight reduction companies are for you. Simply you should definitely learn by way of the Franchise Disclosure Doc completely earlier than making any closing choices. Higher but, get a authorized advisor that can assist you perceive all the mandatory particulars so you realize what you’re entering into earlier than you signal your title on a contract.
I hope this information in franchising Curves / Jenny Craig was in a position that can assist you perceive extra in regards to the weight-loss business and this enterprise.
