How profitable is an anytime fitness franchise?
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Top best answers to the question «How profitable is an anytime fitness franchise»
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.
FAQ
Those who are looking for an answer to the question «How profitable is an anytime fitness franchise?» often ask the following questions:
💄 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.
- Are anytime fitness franchises profitable?
- How does anytime fitness franchise work?
- How to open anytime fitness franchise?
💄 Is anytime fitness profitable?
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.
- Is anytime fitness a profitable business?
- Is owning an anytime fitness profitable?
- How much are anytime fitness franchise fees?
💄 Is anytime fitness a franchise?
- Anytime Fitness is ranked #20 in the Franchise 500! Anytime Fitness clubs are open 24 hours a day every day of the year, thanks to security systems that allow members to access the clubs during unstaffed hours. The company, which began franchising in 2002, is expanding worldwide.
- How much to franchise a anytime fitness?
- How much to franchise anytime fitness philippines?
- How to own an anytime fitness franchise?
10 other answers
Is owning an Anytime Fitness profitable? But the Anytime Fitness franchise dominates the market surpassing all other franchises by the pervasiveness of locations alone. The company’s revenue has arrived at $1 billion in sales revenue and claims to open a location every day with a member joining every 3 minutes.
Is Anytime Fitness profitable? We have projected Average Net Profit and Average Total Revenue based on an Anytime Fitness center with 865 members during the entire year, with an estimated average monthly membership fee of $36.58 per member and estimated annual personal training revenue of $111.18 per member.
Anytime has over 2,255 U.S. owned franchises, while 1,240 locations operate internationally. 38 franchise locations are retained by corporate. The Anytime Fitness franchise, along with thousands of other thriving gym franchises have changed the landscape of the fitness industry. Initial Investment: $114,950-$434,521.
In this way, are Anytime Fitness franchises profitable? We have projected Average Net Profit and Average Total Revenue based on an Anytime Fitness center with 865 members during the entire year, with an estimated average monthly membership fee of $36.58 per member and estimated annual personal training revenue of $111.18 per member.
When clients sign up for personal training, the trainers receive a commission (and possibly an hourly wage) for the sessions and the gym gets the rest of the money. For a $50 dollar/hr training session, the trainer might take 40% or 20$. This creates even more income for the franchisee.
Of the 2,235 Anytime Fitness clubs open for at least 12 months as of February 28, 2019, 391 (17%) had an average of over 1,150 members, as measured on February 28, 2019. Revenue, Expense, and Profit Assumptions for Anytime Fitness Clubs
General Advertising Fee: Currently, $600 per month, beginning when franchisees open their center; $300 per month for an Anytime Fitness Express center. Grand Opening and Ramp Up Program: $11,000 to $23,000 for an Anytime Fitness center; no minimum for an Anytime Fitness Express center. Base Technology Fee (formerly, Global Access Fee)
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).
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.
Is owning an Anytime Fitness profitable? But the Anytime Fitness franchise dominates the market surpassing all other franchises by the pervasiveness of locations alone. The company’s revenue has arrived at $1 billion in sales revenue and claims to open a location every day with a member joining every 3 minutes. What is Anytime Fitness worth? Anytime Fitness
We've handpicked 23 related questions for you, similar to «How profitable is an anytime fitness franchise?» so you can surely find the answer!
How to start 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).
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 big is an anytime fitness express franchise?- Anytime Fitness Franchise Business Model. An Anytime Fitness club ranges in size from 2,500 to 5,000 square feet, with an average club size of 4,000 square feet. The more compact Anytime Fitness Express concept ranges in size from 1,200 to 2,500 square feet. Each franchisee is granted an exclusive territory.
The typical Anytime Fitness Owner Operator salary is $40,746. Owner Operator salaries at Anytime Fitness can range from $38,731 - $96,772. Click to see full answer. In this way, are Anytime Fitness franchises profitable?
How much does an anytime fitness franchise cost?- 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).
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.
How much to buy a anytime fitness franchise?The cost of buying Anytime Fitness Franchise runs between $46,299 and $321,899, depending on the size of the gym. The franchise owners pay a flat fee of $499 to Anytime Fitness as a royalty. The Table below shows a Breakdown of Cost to Buy an Anytime Fitness Franchise. Name of Fee Low High; Initial Franchise/ Development Fee: $3,150: $42,500: Travel and Living Expenses While Training: $413: $2,750: Real Estate and Improvements: $20,706: $207,130: Architect/Design Fees: $1,200: $9,000 ...
How much 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 mxuch is a franchise forworkout anytime fitness?The Investment
The startup costs for a Workout Anytime franchise range from $449,800 to $866,000 and include a franchise fee of $35,000. Franchisees who opt to sign a three-unit deal will enjoy a discounted franchise fee of $60,000. How to become a franchise for anytime fitness?- Tell us a little more about yourself or give us a call at (800) 704-5004 to talk more about franchising opportunities. We’re turning passion into profits for our franchisees and building healthy communities for our members.
- To franchise Anytime Fitness in the Philippines, you will need to pay an initial Franchise Fee of P2,700,000 plus VAT.
Anytime Fitness Cons. As with everything in life, nothing is perfect. Company reviews offer a great insight into how a business is run, operated, and the overall gym experience. One negative aspect of Anytime Fitness is that some gym-goers found there to be a variance in the size of each gym location. Some facilities are smaller than others, likely due to the location and space available.
What profits do anytime fitness franchise owners make?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. Where was the first anytime fitness franchise located?- After watching their athletic club grow the two drew up the first franchise agreement with another employee Eric Keller and the first Anytime Fitness franchise location opened in Cambridge, Minnesota. (Keller is now Vice President of International Franchise Support for Anytime).
The typical Anytime Fitness Owner Operator salary is $40,746. Owner Operator salaries at Anytime Fitness can range from $38,731 - $96,772. Click to see full answer. In this way, are Anytime Fitness franchises profitable?
What are the requirements for an anytime fitness franchise?- Anytime Fitness has a fee and financial requirement structure that is similar to most other franchises, both in the gym industry and beyond. Franchisees must meet minimum net worth and liquid assets (i.e. cash) requirements to be considered. Once accepted, there is an initial franchise fee due upfront, then ongoing royalty and advertising fees.
$42,500
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. Why is the anytime fitness franchise a good choice?- Combined with massive support from regional offices, this is how the Anytime Fitness franchises have been able to reduce overhead. Anytime has also been one of the leaders in engaging with customers outside of the gym. The launch of the Anytime Fitness App shifted the franchise from a ‘workout space’ to a dynamic brand.
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 much is it to get into anytime fitness franchise?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.
How much does it cost to buy an anytime fitness franchise?The cost of buying Anytime Fitness Franchise runs between $46,299 and $321,899, depending on the size of the gym. The franchise owners pay a flat fee of $499 to Anytime Fitness as a royalty. Currently:1-3 centers: $699 per center. 4-9 centers: $699 per center.
How much does it cost to start 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).
I want to cancel my membership
You will need to give one full calendar month notice, as most of our Membership Agreements run for 12 months and then on a rolling month by month basis after the first year ends.