Posted on Jun 23rd 2016
As the U.S. economy continues to strengthen and households generate more disposable income, families have additional money to put toward child recreational and enrichment activities. Consumer demand for kid’s gyms has consistently been a primary driver for overall growth in the children’s fitness industry.
According to the latest IBISWorld market research report about children’s fitness center franchises in the U.S., the industry revenue was estimated to be roughly $550 million. In the past six years, extracurricular recreational and enrichment classes for children have steadily grown about two percent. According to the U.S. Bureau of Labor Statistics, that trend shows no signs of slowing down, as consumer spending in childhood enrichment and education is projected to increase 2 percent annually in the next six years.
The initial costs of entry into the children’s fitness center franchises industry are considerably low, especially compared to the food and hospitality industry. One of the biggest expenses associated with children’s gyms is equipment; however, business owners can keep costs relatively low and can ensure a longer life span for capital assets like equipment by working with a franchise system with well-established partnerships with equipment suppliers.
Romp n’ Roll offers its unique brand of recreational and enrichment classes and has been in the franchise space for the last ten years. The franchise brand has grown immensely since its inception. With 95 locations in the U.S. and internationally, Romp n’ Roll has developed a proven model that works locally and abroad.
Franchisees are not required to hold a background in education, but rather possess a passion for working with children and a desire to make a difference in the community. For those interested in becoming a part of childhood enrichment brand, Romp n’ Roll offers a proven franchise system, comprehensive marketing and operational support, and low franchise fee and liquid cash requirement – making it an extremely attractive concept in the space.
Romp n’ Roll is expanding across the U.S., due to increasing demand for quality, early childhood education programs that offers a unique mix of education, art, and exercise. Romp n’ Roll provides a well-rounded program that not only engages them but demonstrates true enrichment.
Michael Barnett is the Co-Founder and CEO of Romp n' Roll. In addition to leading the Romp n' Roll management team, Michael is an active member of the International Franchise Association, the National Association for the Education of Young Children, and serves on the Board of Directors for Connor's Heroes and Juniata College Center for Entrepreneurial Leadership. He and his wife, Babz, were featured on the first season of ABC-TV's Shark Tank.