Question 1

How many NexGen Fitness franchise locations are there?

Accepted Answer

NexGen Fitness currently has 18 total units, including 17 franchised locations and 1 company-owned locations.

Question 2

Is the NexGen Fitness franchise system growing or shrinking?

Accepted Answer

NexGen Fitness has experienced positive net growth of +0.0% over the past year, with a 3-year compound annual growth rate (CAGR) of +6.3%.

Question 3

What is the franchise vs. company-owned ratio for NexGen Fitness?

Accepted Answer

NexGen Fitness has a franchise ratio of 94%, meaning 94% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many NexGen Fitness franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), NexGen Fitness had 1 units opened and 1 units closed.