Anytime Fitness vs My Gym Children's Fitness Center Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Anytime Fitness vs My Gym Children's Fitness Center including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Anytime Fitness Franchise
My Gym Children's Fitness Center Franchise
Investment $96,140 - $523,824$36,760 - $277,200
Franchise Fee $25,000 - $42,500$25,000 - $55,000
Royalty Fee $649-$699/mo.7%-8%
Advertising Fee $600/ mo1%
Year Founded 20011983
Year Franchised 20021995
Term Of Agreement 5 years12 years
Term Of Agreement 5 years12 years
Renewal Fee $1000-


Business Experience Requirements
 
Anytime Fitness Franchise
My Gym Children's Fitness Center Franchise
Experience
  • General business experience

  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Anytime Fitness Franchise
    My Gym Children's Fitness Center Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Anytime Fitness Franchise
    My Gym Children's Fitness Center Franchise
    Training With Anytime Fitness, the training never stops. Initially, we have a mandatory, one-week training course at our corporate office in Minnesota. Once the first week is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance.On-The-Job Training: 40 hours Classroom Training: 19 hours
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations 10% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Anytime Fitness Franchise
    My Gym Children's Fitness Center Franchise
    US Expansion YesYes
    Canada Expansion YesNo
    International Expansion YesYes

    Company Overviews

    About Anytime Fitness

    As an Anytime Fitness proprietor, we can help you open the key to conceivable achievement in the wellness business and furnish you with scripts, promotions, advertising pieces, deals and operations manuals we have created and utilized, which ought to give you the preferred standpoint you should be successful in your business attempts. Amid the underlying, compulsory preparing to all franchisees, we will cover:

    Executing a 9-stage deals procedure to offer more enrollments .

    Step by step instructions to make more activity through corporate deals, senior projects, referrals and the sky is the limit from there.

    At the first of consistently you may get our "Month to month Success Pack" which may contain new deals tips, advertising pieces, client benefit thoughts, part maintenance programs and progressing training parcels.

    Duplicates of daily paper advertisements, regular postal mail pieces, radio promotions, telemarketing scripts, tributes, referral passes and a showcasing plan to take after.

    1-800-704-5004 whenever for continuous preparing or day by day addresses.

    Yearly club camps, nearby visits and a talk space for other Anytime Fitness proprietors to share thoughts and musings on the wellness business. Give us a chance to help you bring your thoughts alongside criticism from other Anytime Fitness proprietors and put them under a magnifying glass.

    Pre-deal help.

    The most effective method to deal with your time and handle the everyday operations.

    The most effective method to ace approaching and active deals calls.

    The total investment necessary to begin operation of an Anytime Fitness center in 2019 was between $78,012 and $521,437. This included $13,000 to $80,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of an Anytime Fitness Express center in 2019 was between $58,870 and $393,829. This included $7,900 to $49,000 that must be paid to the franchisor or affiliate.

    "Top  ""     "Entrepreneur
    #51 in Canada's Top franchises.
    #22 in Franchise 500 for 2020.
    #30 in Franchise 500 for 2021.
    Veteran Incentives   20% off franchise fee







    About My Gym Children's Fitness Center

    Welcome to the exciting business of children's gyms! The timing is right The children's fitness industry offers a vast marketplace where the potential has now become even greater because of school budget cuts, decreasing opportunities for safe play in parks and neighborhoods, and the appalling state of the physical fitness of our youth. Millions of our children are overweight, inactive and below minimum standards for strength, flexibility and endurance. The need for more children's gyms is apparent, and the field offers an abundance of opportunities to those who love children.
    Improve the lives of children Our innovative and carefully structured programs, along with our ideal student/teacher ratio and noncompetitive atmosphere, allow children to discover what great things they can accomplish. My Gym Kids have so much fun developing strength, balance, coordination, agility, flexibility, fine and gross motor proficiency, social skills and self-esteem as they run, jump, tumble, dance and sing.
    Be your own boss Our franchisees derive real satisfaction from running a business
    that promotes the physical and emotional health of our world's most precious resource, our children.
    Veteran Incentives  $10,000 off franchise fee
    #202 in Franchise 500 for 2020.