Planet Fitness, F45 Training, Crunch, Orangetheory Fitness, and Anytime Fitness were the top-ranked fitness chains, among others, that landed on Entrepreneur’s Franchise 500 rankings for 2023.
Entrepreneur’s 44-year-old ranking formula gives each franchise a cumulative score based on its analysis of more than 150 data points. The 500 franchises with the highest cumulative score are ranked from 1 to 500. The ranking accounts for costs and fees, size and growth, support, brand strength, financial strength, and stability.
Planet Fitness ranked 28 overall and led the fitness category for the fifth year in a row for its high performance in store growth, financial strength and stability and brand power.
F45 Training was ranked 29; Crunch, 39; Orangetheory Fitness, 85; and Anytime Fitness, 91.
Among other fitness chains and boutiques, The Exercise Coach ranked 137; Pure Barre, 181; Club Pilates, 211; Burn Boot Camp, 247; CycleBar, 370; Workout Anytime 24/7, 387; Stretch Zone, 405; D1 Training, 416; Jazzercise, 425; RockBox Fitness, 468; Row House, 476; 30 Minute Hit, 482; Mayweather Boxing + Fitness, 484; and YogaSix, 494.
Among retailers in the active lifestyle space, the top franchisor was Pro Image Sports, the seller of fan apparel and gear, at 216; The Good Feet Store, which specializes in arch support, ranked 287; Destination Athlete, a team dealer, at 344; The Vitamin Shoppe, at 418; and Play It Again Sports, appears at 432.