- Anytime Fitness recommends liquidity of $100,000 and net worth of at least $300,000
- The cost of the franchise itself ranges between $20,000 and $40,000
- Real estate and improvements range widely, from $12,000 to $299,000, depending on location and needed improvements
- Fitness equipment ranges between $4,200 and $23,000
- Global access equipment ranges from $4,000 to $14,300
Full Answer
How much does it cost to own an Anytime Fitness?
Anytime Fitness Franchise Startup Fee. You’ll need to pay a franchise fee to be able to use the company’s name. The costs are as follows: Standard Anytime Fitness center: $16,000 to $39,500. Anytime Fitness express center: $13,000 to $20,000. You should settle the Anytime Fitness franchise startup fee through lump sum payment.
What is the average monthly fee for Anytime Fitness?
The average cost of a monthly membership at Anytime Fitness is $36.50 in the United States and $49 in Canada. The membership fee, club dues, and any additional charges are specific to each independently-owned gym. Since franchisees are the ones who operate local Anytime Fitness branches, their prices can differ significantly.
How much money does an Anytime Fitness owner make?
When factoring in bonuses and additional compensation, a Owner Operator at Anytime Fitness can expect to make an average total pay of $40,799 . Also, are fitness franchises profitable?
How much does it cost to open a fitness franchise?
What Does an Anytime Fitness Franchise Cost? To buy a franchise with Anytime Fitness, you'll need to have at least $100,000 in liquid capital.Franchisees can expect to make a total investment of $94,430 - $523,824.They also offer financing via 3rd party as well as a discount for veterans (Yes - $1,000-$8,500 off franchise fee).
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How many members does Anytime Fitness have?
Largest presence of any fitness franchise. Anytime Fitness is the first franchise on all 7 continents, with over 4,700 territories sold and 4 million members worldwide.
Why do 60% of franchisees own more than one club?
60% of our existing franchisees own more than one club because they’ve experienced the success of our business model.
How to contact franchising company?
Take The First Step Today. Tell us a little more about yourself or give us a call at (800) 704-5004 to talk more about franchising opportunities.
Is the fitness industry growing?
The fitness industry is constantly growing which means success for our franchisees. It also gives us a meaningful purpose to change the lives in our communities for the better.
How many locations does Anytime Fitness have?
Anytime Fitness is the world’s fastest-growing fitness club, according to the International Health, Racquet and Sportsclub Association. It operates more than 4,000 franchised locations in 50 countries.
How to determine how much profit a franchise makes?
Franchise owners can determine how much profit they’ll make by taking their expected revenue and subtracting expenses like payroll, rent, royalties, marketing, utilities, insurance and more. Prospective franchisees can review Item 19 in Anytime Fitness’ Franchise Disclosure Document for complete details.
How much does it cost to franchise a fitness center?
You’ll need to pay a franchise fee to be able to use the company’s name. The costs are as follows: Standard Anytime Fitness center: $16,000 to $39,500. Anytime Fitness express center: $13,000 to $20,000.
How much does a fitness center cost?
The investment for a standard fitness center runs from under $115,000 to over $677,000
Is gym becoming more prevalent?
More and more people are getting into living a healthy lifestyle. Concerned about their health, consumers now pay attention to their diet and fitness. No wonder gyms are becoming ubiquitous.
How much is the franchise fee for Anytime Fitness?
How much are the franchise fees? In comparison to other franchises, the fees for Anytime Fitness are considerably lower. Our fee structure includes a one-time $42,500 franchise fee and an ongoing $699 monthly payment. Most franchisors take a percentage of gross sales. With Anytime Fitness, you don't pay fees based on sales totals.
What is the cost to become an Anytime Fitness Master Franchisee?
The costs associated with becoming an international Master Franchisee are typically significantly greater than purchasing an individual franchise. However, the costs vary widely and depend upon the region being considered. The rights fees take into consideration the overall potential of the region, including population and demographics, fitness participation trends, and general economic factors.
What can I expect to make from my business?
Income from each Anytime Fitness club varies based on many variables including market size, demographics, efforts made by owners, competency, and economic factors.* We can put you in touch with many different Anytime Fitness owners, and you can discuss their revenue and income with them. *Item 19 of our Franchise Disclosure Document (FDD) provides you with in-depth information regarding projected annual earnings and revenues.
How much training will I receive?
With Anytime Fitness, the training never stops. Initially, we have a mandatory, two-week training course at our corporate office in Minnesota. Once the two-week training is complete, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance.
How many hours will I work in my Anytime Fitness club each week?
That decision is completely up to you. Some owners maintain full-time jobs and watch over the operation of their club with occasional check-ups. Other owners operate their Anytime Fitness club as a full-time job. Depending on your circumstances, it can work either way.
Who are the biggest competitors for Anytime Fitness?
Obviously other fitness clubs, community centers, hospital wellness facilities, and YMCAs are direct competitors. We can help you evaluate your competition and explore the possibilities of adding an Anytime Fitness club within your market before you make any commitment.
What is a Master Franchisee?
A master franchisee purchases the exclusive rights to sub-franchise the Anytime Fitness concept within their international geographic region. The master franchisee replicates the business strategy of Anytime Fitness in their geographic region, selling the proven Anytime Fitness concept to individual franchisees within that region, which could be a city, state, territory, country, or group of countries. Master franchisees receive extensive initial and on-going support from our talented headquarters team, allowing them to focus on promoting and selling franchises within their market.
