Quick Answer: How To Open Anytime Fitness Franchise?

How much does it cost to start an Anytime Fitness franchise?

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.

How do I get a Anytime Fitness franchise?

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).

How much do Anytime Fitness franchise owners make?

How much does a Owner Operator at Anytime Fitness make? The typical Anytime Fitness Owner Operator salary is $3,919. Owner Operator salaries at Anytime Fitness can range from $3,385 – $8,457.

Is Anytime Fitness franchise profitable?

Revenue and Profits On average, Anytime Fitness franchise generates a yearly revenue of $421,800, and the average yearly profit is $114,611 for Anytime Fitness Franchise owner. Anytime Fitness Revenues and profits vary from franchise to franchise depending on the location and membership fee that customers pay.

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How much does a gym franchise owner make?

At present, gym owners ‘ salaries are between $26,500 (25th percentile) and $78,000 (75th percentile). Top workers (90th percentile) make $140,000 every year across the U.S. The normal compensation range for an exercise center owner differs by as much as $51,500.

Do franchise owners make money?

Pro: You can earn a decent income On average, franchise owners earn $60,000 a year, according to the jobs website CareerBliss. Of course, that means many franchise owners make more — and many make less.

Is owning a gym profitable?

In the world of gym ownership, there are three surefire ways to boost profit: Increase membership revenues – If membership at your gym is $1,000 per year, you only need 100 members to turn over $100,000 in annual revenue. But adding just one new member every week puts annual revenues at $152,000.

What is the best franchise to buy?

Best Franchises to Buy

  • McDonald’s.
  • 7-Eleven.
  • Dunkin’
  • The UPS Store.
  • Popeyes.
  • Sonic Drive-In.
  • Great Clips.
  • Taco Bell.

What is Anytime Fitness net worth?

Anytime Fitness is a franchise of 24-hour health and fitness clubs that is headquartered in Woodbury, Minnesota, United States. The company operates over 4,000 franchised locations in 50 countries. Anytime Fitness.

Exterior view of an Anytime Fitness from Rosemount, Minnesota.
Revenue US$1.45 billion
Website anytimefitness.com

What franchises are the most profitable?

10 of the most profitable franchises in 2021

  1. McDonald’s.
  2. Dunkin’
  3. The UPS Store.
  4. Dream Vacations.
  5. The Maids.
  6. Anytime Fitness.
  7. Pearle Vision.
  8. JAN-PRO.

How do I start my own gym?

Start a gym by following these 9 steps:

  1. STEP 1: Plan your business.
  2. STEP 2: Form a legal entity.
  3. STEP 3: Register for taxes.
  4. STEP 4: Open a business bank account & credit card.
  5. STEP 5: Set up business accounting.
  6. STEP 6: Obtain necessary permits and licenses.
  7. STEP 7: Get business insurance.
  8. STEP 8: Define your brand.
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How much does it cost to start a gym?

Initial Costs to Start a Gym If you’re looking to open a gym, we can start off by saying you should expect to save anywhere between $15,000-$100,000. Pretty wide range, right? That’s why it all depends on your location’s area, demographic, rental options, loan choices, and financing choices.

Is a gym a good business to start?

Starting a profitable gym isn’t cheap. Just the basic one requires a $10,000-$50,000 investment, according to Entrepreneur. A one-of-a-kind, high tech gym can easily run your budget into six figures. You’ll also need some cash flow along the way.

Do fitness franchises make money?

In all, consumers frequented their health clubs for more than 6 billion visits in 2018. As you can see, working in the personal training industry is a great place to be right now. Fitness franchises are widely profitable, and there are many different niches and which to make your living.

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