It requires the franchisees to be fully active in the decision-making and running of their clubs.
Not a passive business opportunity: The franchisor does not allow for absentee ownership.ft.) reducing leasing and equipment costs Simple franchise model: The brand utilizes smaller square footage than most other gyms (under 6,000 sq.It does not authorize any other franchises to operate in the area during the term of the franchise agreement. Exclusive territory protection: The franchisor offers its franchisees exclusive territory protection.Multiple revenue streams: The brand provides franchisees with the potential for recurring revenue through personal and group training as well as membership fees.Third-party financing: Anytime Fitness has an agreement with third-party partners to fund its franchisees’ start-up fees, equipment, inventory, and payroll.Convenience: The fitness franchise offers members flexibility and uninterrupted access to their gyms 24/7.It also helps in the club layout and design, the building of the clubs, and equipment selection. Site selection and construction: Anytime Fitness helps franchisees identify a convenient location for their clubs, considering high-traffic areas.Its current training program consists of 24 on-the-job training hours and 34 classroom hours. Comprehensive training: Anytime Fitness offers its franchisees a 2-week training curriculum to equip them with the basics of its business concept.Anytime Fitness franchises pros and cons Pros It provides gym fitness centers offering convenient access and one-on-one, small-group, and large-group training and coaching services.Īnytime Fitness began franchising in 2002 and currently has over 4,700 gyms in 50 US states and over 50 countries globally. It is a subsidiary of Self-esteem Brands and is headquartered in Woodbury, Minnesota. The franchise was founded in 2002 in Cambridge, Minnesota, by Chuck Runyon, Dave Mortenson, and Jeff Klinger. * in addition to a $749 Base Technology Feeĭownload the template What is Anytime Fitness?Īnytime Fitness is an American fitness chain that operates health and fitness clubs 24 hours a day, 365 days a year. How much does it really cost to open a new Anytime Fitness franchise? How much profits can you really make as the franchisee? In this article we’re diving into the Franchise Disclosure Document to find out whether you should open a new Anytime Fitness club. Indeed, whilst you would need to invest $510,165 to open a new gym on average, the revenue per gym is about $413,942 and EBITDA margins reach 15%, impressive. In addition to being the largest fitness in the US by far with more than 4,700 gyms (of which 2,500 are franchise owned), it’s also a very profitable business. a percentage of revenue, Anytime Fitness is a very popular chain for franchisees who want to get into the fitness industry. One of the very few fitness club franchise to charge a fixed royalty fee vs.
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