2020 was not what we would call fun or anything we hope to repeat, but we didn't just get through it - together with our fantastic network of studio owners, we beat it!
Eat The Frog Fitness just got a second-ranking from Entrepreneur Magazine! First, we ranked in the top 500 Franchises and just now ranked #26 in the Top 100 New Franchises. What?! We've been working our tails off and are so proud of the recognition.
As we take the fitness industry by storm and redefine what fit means, Eat The Frog Fitness continues to prove they are the leaders in personal fitness experiences.
A Brand To Watch
Who are some of the newest stars in the franchising world this year? To answer that, Entrepreneur compiled a list of the top 100 companies submitted for Entrepreneur's 2021 Franchise 500® ranking that began franchising in the last five years (since 2016).
The companies on the Top 100 New Franchises list are ranked based on the scores they received in their Franchise 500 evaluation. Entrepreneur Magazine analyzed more than 150 data points in costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. For example, they looked at:
- Costs and Fees: including the franchise fee, total investment, and royalty fees
- Support: including training times, marketing support, operational support, and franchisor infrastructure
- Size and Growth: including open and operating units, growth rate, and closures
- Brand Strength: including social media, system size, years in business, and franchising
- Financial Strength and Stability: franchisor's audited
Five Years In The Making
We spent our early years meticulously crafting the most personal group training experience and now are enjoying the fruits of that labor. Eat The Frog Fitness never planned to be just another fitness studio. Out of the gate, we aimed to be exceptional. Taking a queue from our Co-Founder and Olympic Gold Medalist 'good' was never going to cut it for us.
We want to help people live better lives, not just get fit. There's no plan to slow down with 22 open studios and another 38 in development. Texas and Iowa will be the following states with studios starting pre-sales, representing the first studios to open in each market.
Over the last 24 months, we've grown by 400%. Our accomplishments come down to having the best franchise partners, regional developers, home office team, and vendor partners. They have made Eat The Frog Fitness the brand it is today.
If you've considered owning your own business, connect with us and learn more about franchising with Eat The Frog Fitness here.