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Below is an in-depth analysis and side-by-side comparison of Anytime Fitness vs Extreme Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $96,140 - $523,824 | $75,453 - $96,998 |
Franchise Fee | $25,000 - $42,500 | $10,000 |
Royalty Fee | $649-$699/mo. | - |
Advertising Fee | $600/ mo | - |
Year Founded | 2001 | 2002 |
Year Franchised | 2002 | 0 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $1000 | - |
Business Experience Requirements |
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Experience | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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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. | - |
Support | Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
10% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
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.
There are a number of reasons why the Extreme Gym franchise is a far smarter choice than other fitness franchising programs or trying to obtain a club on your own.
Primarily the lower initial cost and lower ongoing monthly fee. However, there are also virtually no controls or restrictions, no reporting requirements, no non-competition agreements, and no performance criteria with us as
compared to other gym franchises.
In regards to some of the world's most expensive fitness franchises, franchisees often find themselves sinking their entire life savings into the business or taking out huge loans only to wait many years for profitability. The Extreme Gym program is 1/6 to 1/4 the cost so you start profiting in months.