How much can you make owning an Anytime Fitness franchise?
The average Anytime Fitness location brings in about $441,116 in revenue per year, but a franchise owner can expect to make about $114,000 in profit after expenses. Anytime Fitness is the world’s fastest-growing fitness club, according to the International Health, Racquet and Sportsclub Association.
Is Anytime Fitness a good franchise to own?
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 the most profitable gym franchise?
The Complete List
| Rank | Franchise Name | Cash Required |
|---|---|---|
| 1 | StretchLab | $100,000 – $250,000 |
| 2 | The Exercise Coach | $50,000 – $100,000 |
| 3 | Send Me a Trainer | $50,000 – $100,000 |
| 4 | 9Round Fitness | $50,000 – $100,000 |
Who owns the Anytime Fitness franchise?
Self Esteem Brands
That’s the lofty goal of Self Esteem Brands, the parent company of Anytime Fitness (the world’s #1 “Top Global” franchise) Waxing the City, Basecamp Fitness, and The Bar Method. Self Esteem Brands is also the parent company to affiliates Provision Security Solutions, Healthy Contributions, and PumpOne.
Are fitness franchises profitable?
Yes, fitness franchises offer great profits but not as much as you might think. According to Investopedia, most franchise owners take home around $50,000 per year, but about 7% of franchise owners earn more than $250,000 per year.
How much do fitness franchise owners make?
How much does a Planet Fitness franchise owner make?
How Much Do Planet Fitness Franchise Owners Make?
| FRANCHISED ONLY | ||
|---|---|---|
| BOTTOM THIRD | MIDDLE THIRD | |
| Average Annual EFT Revenue- | $1,022,241 | $1,550,746 |
| Median Annual EFT Revenue- | $1,050,049 | $1,545,877 |
| High Annual EFT Revenue- | $1,316,182 | $1,786,355 |
Are gyms a good investment?
Market research across the USA shows that a gym owner of a medium-sized gym could earn around $150,000 per year. The general setup costs for a medium-sized gym is around $100,000. But your profits for the first financial year could be as little as $50,000.
How does Anytime Fitness make money?
How does an Anytime Fitness club create revenue? The majority of your revenue will come from membership sales. We will recommend a monthly dues program with a one-time enrollment fee. Each member has the option to pay in full or pay dues each month via EFT (Electronic Funds Transfer).
Is a fitness franchise a good investment?