GET A MEMBERSHIP TO WORK OUT ON YOUR FINANCES!
Initial fee: | $20,999 - $26,999 |
Royalty fee: | $499/mo. |
Total investment: | $56,299 - $353,900 |
Term of agreement: | 5 years, renewable |
Branch: | Fitness center |
If you like to break records, you will like Anytime Fitness. You can work on your fitness goals and on your business goals at the same time. Anytime Fitness is the largest and fastest-growing fitness franchise and is a great opportunity for motivated entrepreneurs.
Operating since 2001, Anytime Fitness is in the franchise business since 2002. From the 2,000 international locations with the Anytime brand, only 16 are owned by the company.
The fitness business is highly competitive and cyclical. The demand for fitness services can be seasonal; many of the New Year’s resolutions include gym memberships. How often customers go to fitness clubs is also based on location and customer income. The large number of Anytime Fitness centers allows for the convenient distribution of locations. Members can access any fitness location close to their homes and offices with a single membership card.
Anytime’s fitness clubs are open 24/7 each day of the year. The company promotes a fun way to work out and stay healthy. The clubs are not very big and are the closest thing to a home-fitness experience.
The key to Anytime’s success in franchising is the comprehensive start-up support and ongoing trainings. The investment in an Anytime franchise is significantly less compared to other Franchise 500 leading companies. Both the franchise fee and the royalty fees are low. In fact, the royalty fee is fixed /$499 per month/ and is not based on earnings.
Absentee ownership of franchise is allowed. This means that you can open a franchise and still keep your job. Veterans can make use of special discounts.
All this attracts franchisees because it results in a fast return on investment. More than 40% of the franchisees chose to own more than one Anytime Fitness location.
Anytime Fitness offers 24/7 fitness services on convenient locations. It is expanding worldwide and is looking for motivated entrepreneurs. The company has lowest franchising fees and a fixed royalty fee of $499 per month. This makes the franchise investment low and the ROI high.