Getting to that 500 location number in the Australian market means that opportunities for growth lessen with our smaller population, and cannibalisation of other gym owner markets in the brand becomes a more challenging issue. Of note, the brand reports that nearly 48% of existing franchisees own more than one location.Ī 24/7 gym operation. The chain experienced fast growth in Australia from start in 2008 to 400+ locations by 2016. A look at their current available franchise opportunities, it appears that WA is a region of significant focus for new growth in Australia. The brand falls under the Collective Wellness Group, that also has the XTEND barre brand as well in it's stable. UP 12 locations (previously in 1st place)Īn international brand founded in 2002 and headquartered in the USA, and now operating in more than 50 countries, it expanded into the Australian market in 2008. Around 40% of the brands' Australian locations are located in NSW. Anytime Fitness - 530 locations (AU) (March 2023) The company will assist with these decisions as well.1. In addition to membership fees, franchisees have opportunities to create additional revenue streams by offering certified personal training, tanning and vending. The monthly rate you charge customers also varies based on local demographics, but the company will assist you in setting a rate that is appropriate. Of course, these figures can vary greatly from one franchise to another, depending on factors such as location, market demand, management practices and more. The average yearly revenue for Anytime Fitness franchises is $421,800, and the average yearly profit is $114,611. Franchise fee discounts are awarded to qualifying veterans. Gym Cleaning Services: $25 to $75 per hourĭiscounts are available is some circumstances, so it’s important to check with the company to see what is currently being offered.Initial franchise fee for Anytime Express: $18,000.Initial franchise fee for standard gyms: $35,000.Total investment for Anytime Fitness Express: $62,900-$279,300.
Once accepted, there is an initial franchise fee due upfront, then ongoing royalty and advertising fees. Franchisees must meet minimum net worth and liquid assets (i.e.
Initial Costs and Ongoing FeesĪnytime Fitness has a fee and financial requirement structure that is similar to most other franchises, both in the gym industry and beyond. Understanding the costs associated with a new business venture is one of the first steps to deciding if it’s the right fit. However, starting any type of franchise comes with a significant investment, as well as some risk. The company’s popularity has been fueled by the relatively low operating costs compared to competing gym franchises, as well and franchises in other industries. Entrepreneur recently ranked Anytime Fitness the 10th best franchise in the country as part of its 2016 Franchise 500 list. Members can access the gym with a secure key card, even when the gym is not staffed.įounded in 2001, Anytime Fitness already has more than 3,000 franchises worldwide. Our service is 100% free!Īnytime Fitness is a fast-growing chain of gyms that is unique in the industry because, as the name suggests, clubs are open 24 hours. Answer a few short questions & get cost estimates for your needs from trusted franchise pros who service your area. Find the Best Franchise Companies Who Will Compete for Your Business.
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