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1 Franchise Direct provides a detailed description of the cost and fees involved in a My Gym franchise. 2  Insurance costs for a mobile franchisee fee ranged from $1,750 to $2,500. 3  The insurance costs for a fixed center ranged from $2,000 to $5,000.
Monthly fees average $35 to $40 for a single membership, but can be as low as $20 depending on age, location and whether customers are willing to sign an extended contract. Many health clubs also charge an average enrollment fee of $40, but some can charge more than $100. Nearly all gyms offer membership packages for 3, 6, or 12 months, which often requires signing a contract. Rates often drop by 25 percent for 12-month contracts or if yearly dues are paid up front.