Sports-performance training franchise Athletic Republic, Park City, Utah, is planning to expand its health club network by 100 locations in the next three years, with a strategy to target new franchisees primarily in the South, the company recently announced.
Athletic Republic is actively seeking new franchise partners in Atlanta, Charlotte, Dallas, Houston, Austin and Miami, as well as various markets throughout California, CEO Charlie Graves said in a July 25 media release.
The company, founded in 1990, has grown to 115 locations across North America since launching its franchise program in 2006.
“People will always want to win,” Graves said the release. “Our mission at Athletic Republic is to help those competitive athletes improve their skills to make winning possible. As the premier destination for intense, individualized, sport-specific training, we’re equally dedicated to performance improvement for the bottom line and success of our franchisees.”
Initial investments for Athletic Republic franchisees range between $245,000 to $300,000, depending on facility size, location and equipment needs, according to the company. Graves said he is seeking community-minded franchise partners who are passionate about sports and fitness.
“We’re scouting franchisees to join our team who are searching for a profitable entrepreneurial opportunity where he or she can exercise a passion to train athletes and make a difference in the community,” Graves said. “We are truly in a league of our own in fitness franchising, and I’m excited to spread the news about how our science-based training methods translate a human’s potential into athletic performance.”
Graves, a former competitive triathlete, joined Athletic Republic as CEO in 2007.