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Below is an in-depth analysis and side-by-side comparison of Anytime Fitness vs OrangeTheory Fitness 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 | $608,172 - $1,800,322 |
Franchise Fee | $25,000 - $42,500 | $59,500 |
Royalty Fee | $649-$699/mo. | 8% |
Advertising Fee | $600/ mo | 2% |
Year Founded | 2001 | 2010 |
Year Franchised | 2002 | 2010 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $1000 | - |
Business Experience Requirements |
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Experience | $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/Yes |
Payroll | No/Yes | -/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. | On-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning |
Support | Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, 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) | Manual provided Number of Employees Required to Run: 8 - 11 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | Yes |
International Expansion | Yes | 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.