All costs presented in the table are nonrefundable. Additionally, these costs are based on the lease for a “vanilla shell” or “as is” space for the operation of the Fitness Centers. These costs are estimates based on costs incurred by recently opened Anytime Fitness franchises. The cost of an Anytime Fitness franchise is estimated to be between $381,575 and $783,897 for standard locations and $290,746 to $584,441 for Fitness Express locations.Ī breakdown of the costs is shown below. Anytime Fitness expects its franchisees to compete with nationally established chain centers, such as 24 Hour Fitness and Planet Fitness, as well as local fitness centers and personal training studios. The fitness center industry is well-established and highly competitive in America. How Is Anytime Fitness Positioned in the Fitness Center Industry? This article will break down the Financial Disclosure Document for Anytime Fitness and provide all the information that prospective franchisees should know before making an investment decision. Stepping into the fitness industry can be a daunting task considering the significant start-up costs and the increasingly competitive nature of the industry. Anytime Fitness Express centers are typically between 1,500 and 4,000 square feet and are located in towns with fewer than 7,000 people. Regular Anytime Fitness centers are typically between 4,000 and 6,000 square feet. ContentsĪnytime Fitness has two types of fitness centers. Prospective franchisees will be happy to hear that Anytime Fitness operates under the franchising model, meaning nearly all of their centers are franchised. It has over 4,000 locations worldwide in over 50 countries, making it one of the largest names in the fitness industry. Anytime Fitness is the fourth largest fitness brand in the United States and currently has over 2,300 locations across the United States. In addition, the company provides site planning support, i.e., helping franchisees deal with landlords, equipment dealers, and other industry vendors.This article is based on the video featured above, originally recorded for Vetted Biz Youtube Channel.Īnytime Fitnessis a Minnesota-based fitness chain that offers access to one-on-one, small, and large group training in exchange for a membership fee. The company claims to have experts that can help on matters related to insurance, payroll, monthly lease, and more.ĪnyTime Fitness also offers discounted rates on equipment through their partner equipment vendors. Some of the biggest expenses that fitness club franchisees will have to spend on include Insurance, Payroll, Monthly Lease, and Purchase of Gym Equipment.Īnytime Fitness assures prospective franchisees that they will help the franchisee on minimizing major expenses and in answering questions that they may have. In addition to the franchise fee, there is also a flat fee of P85,000 per month, excluding VAT, replacing the monthly percentage of sales common in other franchising ventures.Īll in all, the Total Franchise Investment required to operate AnyTime Fitness can range from P7,150,000 to P15,625,000. To franchise Anytime Fitness in the Philippines, you will need to pay an initial Franchise Fee of P2,700,000 plus VAT. The company also claims that two franchises are being opened worldwide every day.
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