Anytime Fitness

Anytime Fitness

Anytime Fitness
#14

Initial Investment

LOW: $80,020
HIGH: $490,100

Change in Units

+12.6% +384 UNITS (1 Year)
+42.6% +1023 UNITS (3 Years)

Company Profile

Founded

2001

Franchising Since

2002 (15 Years)

Corporate Address

111 Weir Dr. Woodbury, MN 55125

CEO

Chuck Runyon

Parent Company

Self Esteem Brands

About Anytime Fitness

Anytime Fitness clubs are open 24 hours a day every day of the year, thanks to security systems that allow members to access the clubs during unstaffed hours. The company, which began franchising in 2002, is expanding worldwide.

Financials

Financial Requirements

Initial Investment

$80,020 - $490,100

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$19,000 - $37,500

Ongoing Royalty Fee

$449-$549/mo.

Ad Royalty Fee

$300/mo.

Financing Options

Anytime Fitness has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


20% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 day

Training at headquarters: 10 days

Additional Training: Ongoing training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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The co-founder of Anytime Fitness shares his best tips for avoiding some of the all-too-common traps aspiring business owners fall into.
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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 10th, 2016

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