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What's the investment? | Startup costs

Initial Investment

The total estimated investment for each Anytime Fitness franchise ranges from $222,490-$602,140, including an initial franchise fee ranging from $49,990-$54,900. Based on your budget and cash flow, your upfront costs can be minimized by leasing equipment and spreading your build-out costs into your monthly lease (although this may increase your rent).

Capital Requirements

Type of Expenditure

Cost

Franchise Fee

$49,990 to $54,990

Training

up to $2,000

Fit Out

$50,000 to $160,000

Utility Deposits

$2,000 to $5,000

Equipment

$65,000 to $325,000

Legal & Accounting

$3,750 to $6,500

Business setup

$2,000 to $4,500

Security System

$38,000 to $50,000

Initial Marketing

$5,000 to $10,000

Website Set up

$250

First Aid Equipment

$3,300 to $4,000

Interior Signs

$1,800 to $2,500

External Signs

$9,000 to $19,500

Misc Expenses

$500 to $2,000

Deposit on Real Estate

$2,500 to $15,000

Insurance

$4,400 to $5,900

Working Capital

$10,000 to $35,000

 

Range: $222,490 to $602,140

THESE FIGURES ARE ESTIMATES OF THE COMPLETE INVESTMENTS IN SETTING UP AN ANYTIME FITNESS CENTER AND OPERATING IT FOR 3 MONTHS. IT IS POSSIBLE TO SIGNIFICANTLY EXCEED COSTS IN ANY OF THE AREAS ABOVE.

Some costs will vary in relation to the physical size of the fitness club. A lower cost club is one that would require fewer leasehold improvements and fewer equipment expenditures. Moderate and higher cost fitness clubs may require extensive interior renovations and additional equipment. The above figures do not include extensive exterior renovations.

Our Disclosure Document provides you with in-depth information regarding the costs and expenses you can plan to incur when developing an Anytime Fitness club. These are estimates and they can vary by area of the country. To receive the Anytime Fitness disclosure document, please submit an application.

Controlling Expenses

A key business strategy with Anytime Fitness is to keep your expenses low. Our compact facilities incorporate a simple interior design so you may not have to spend a lot on leasehold improvements, and our franchise fees are much lower in comparison to other franchises, ours is a flat fee of $1,000 per month (ex GST), not a percentage of sales. Keep in mind that expenses will vary based on the economics of your area, but our streamlined operations process may help you shave costs. Our experienced team can also assist you in dealing with landlords, equipment representatives, and other industry vendors.

Here's a list of the greatest expenses typical clubs have and how we can help lower them:

  • Monthly Lease | Lease negotiations can be tenuous. Considering the different lease terms, like triple net leases, gross leases, and outgoings, deciding on a lease option can be daunting if you lack experience in dealing with building owners. We can help with advice and experience.

  • Equipment Purchase | Our franchise consultants can work with you on choosing the best equipment for the size of your club and your budget. Our volume buying power may provide savings to you, as we are able to obtain discounted rates with preferred equipment vendors--saving you thousands of dollars! We can make suggestions based your market demographics, area competition, your personal preferences, and our experience with other franchisees feedback. Our finance experts can assist you with leasing options and put you in touch with some of the best leasing companies for the fitness industry.

  • Insurance | What type should you buy? How much should you have? Where do you get it? These are questions we are used to handling. Let our insurance experts assist you with these important questions.

  • Payroll | The biggest expense the average fitness club has is payroll (sometimes as high as 50%). Our exclusive systems integration allows you to run a safe and secure 24-hour operation with dramatically lower, if not completely eliminated, payroll costs.

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