Anytime Fitness

Fitness center
Year began: 2001    Franchising since: 2002

12181 Margo Ave. S.
Hastings, MN 55033

Phone: (800)704-5004
Fax: (651)438-5099

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


Franchise Growth
Year

2008
2007
2006
2005
2004
U.S. Franchises
642
444
196
95
46
Canadian Franchises
2
1
1
1
0

Foreign Franchises
0
0
0
0
0
Company
Owned
10
10
8
6
0

Where Seeking Franchisees
Nationwide

Outside the U.S.:

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

Costs & Fees
Total investment: $28.3K-286.5K
Franchise fee: $3.99K-13.5K
Ongoing royalty fee: $419/mo.
Term of agreement: 5 years, renewable
Renewal fee: $500
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoNo
InventoryNoNo
Accounts ReceivableNoNo
PayrollNoNo
Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $13.5K-70K
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 & 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 in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#75 (2008); #353 (2007); #261 (2006);

Fastest-Growing Franchises:
#13 (2008); #36 (2007); #58 (2006);

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

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

America's Top Global Franchises:
#70 (2008); #189 (2006);

Last Updated: 2/19/2008 12:00:00 AM



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