Anytime Fitness

Fitness center

Background

Founded: 2001 Franchising since: 2002
Address:
12181 Margo Ave. S.
Hastings, Minnesota 55033
Phone:
(800)704-5004


Franchisor is a privately-held company with 18 employee(s); 5 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 1,082 10 19 15
2008 965 2 0 10
2007 444 1 0 10
2006 196 1 0 8

Where Seeking Franchisees
Nationwide
Worldwide

Exclusive territories available.
Territory size: 2-5 miles depending on population density

Costs and Fees

Total investment: $33,074 - $298,074
Franchise fee: $10,999 - $17,999
Ongoing royalty fee: $419/mo.
Term of agreement: 5 years, renewable


Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs Yes No
Equipment Yes No
Inventory Yes No
Accounts Receivable Yes No
Payroll Yes No

Qualifications
Net worth requirement: $50,000
Cash liquidity requirement: $13,500 - $70,000
Business Experience:
  • General business experience

Operations
  • 40% of all franchisees own more than one unit
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 days minimum
  • At franchisee's location: 3 days minimum
  • Ongoing training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks

Rankings

Franchise 500® rank:
#43 (2010); #47 (2009); #75 (2008); #353 (2007); #261 (2006);

Fastest-Growing Franchises:
#12 (2010); #9 (2009); #13 (2008); #36 (2007); #58 (2006);

Low-Cost Franchises:
#12 (2009); #19 (2008); #94 (2007); #61 (2006);

Top New Ranking:
#20 (2007); #14 (2006);

America's Top Global Franchises:
#37 (2010); #41 (2009); #70 (2008); #189 (2006);


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