Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
5/10

Franchimp Summary Rating

6 /10
Lower than 42% of peers
3 /10
Higher than 76% of peers

Franchise Summary

Description
The franchise we offer is a fitness center offering convenient access and one on one, small and large group training. We also offer the opportunity to open a more limited Anytime Fitness Express center.
Company Background
ANYTIME FITNESS is the world's largest coed, 24-hour fitness franchise. We are passionate about helping people transform their lives with fitness. ANYTIME FITNESS offers a convenient, affordable and proven way to get in shape that fits into your life.
Franchise Opportunity
We all know that being in shape is important, but it's hard to get motivated and stay on track. Most people who start working out don't stick with it for more than a few weeks or months. It can be incredibly frustrating to have so much motivation at the beginning, but then lose steam quickly afterwards. Anytime Fitness offers an amazing solution for this problem by making fitness convenient and affordable. Our gyms are open 24 hours a day 7 days a week and offer small group training classes as well as one-on-one personal trainers if you want extra help staying on track with your workout routine. You also never need to worry about missing workouts because of bad weather or transportation issues since our gyms are always accessible!
Corporate Structure
Anytime Fitness LLC is a Minnesota limited liability company that was originally formed as a corporation on February 22, 2002, and converted to a limited liability company in December 2009. They maintain their principal place of business at 111 Weir Drive, Woodbury, Minnesota 55125. They are owned by Self Esteem Brands, LLC (“SEB”). SEB is owned by Anytime Worldwide, LLC. The majority of Anytime Worldwide, LLC is owned by Anytime Holdings, Inc… They began offering Anytime Fitness franchises in October 2002. They began offering Anytime Fitness Express franchises in October 2006.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Health & Fitness Industry

$384,958 / unit

Franchise Type: Standard

Average Revenue During 2021

$384,958
$153,501
Industry Low
$3,652,222
Industry High

Franchisee Attrition

6 /10
This franchise's rate of attrition in 2021 of 3.68% was Slightly Lower than the 6% in the Health & Fitness industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Distribution of Anytime Fitness Franchisees

Anytime Fitness Franchise System Development in 2021

Historical Franchisee Revenue

Historical Franchisee Gross Profit

FAQ

How much investment do I need to start my own Anytime Fitness business?
Franchisees typically require at least $381,575 to $783,897 investment to get their Anytime Fitness business started
What are the initial franchise fees for Anytime Fitness?
Franchisees typically need to pay at least $77,037 in fees directly to Anytime Fitness in order to earn the right to launch their business
How much money can I make with a Anytime Fitness franchise? What are the average revenues for a typical Anytime Fitness business?
We estimate that the average revenue of an individual Anytime Fitness unit is approximately $384,958. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Anytime Fitness unit? What is my contractual commitment?
Anytime Fitness franchisees are typically required to sign up to a 6 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

3 /10
The Franchisor's investment costs ranges from $381,575 to $783,897 which is Much Lower than the $322,949 to $669,726 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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