Platoon Fitness vs Workout Anytime 24/7 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Platoon Fitness vs Workout Anytime 24/7 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Platoon Fitness Franchise
Workout Anytime 24/7 Franchise
Investment $29,300 - $40,100$562,850 - $1,008,550
Franchise Fee $20,000$35,000
Royalty Fee 6%4%+
Advertising Fee -1%
Year Founded 19991999
Year Franchised 20062005
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Platoon Fitness Franchise
Workout Anytime 24/7 Franchise
Experience --

Financing Options
 
Platoon Fitness Franchise
Workout Anytime 24/7 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/-
Start-up Costs No/NoYes/-
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/-
Payroll No/No-/Yes

Training & Support
 
Platoon Fitness Franchise
Workout Anytime 24/7 Franchise
Training * Available at headquarters: 2 weeks

* At franchisee's location: 2 months

* Additional training 5 times a year at franchisee's location

 On-The-Job Training: 30 hours Classroom Training: 40 hours
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations * Franchise can be run from home

* Number of employees needed to run franchised unit: 2

* Absentee ownership of franchise is allowed.

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Expansion Plans
 
Platoon Fitness Franchise
Workout Anytime 24/7 Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Platoon Fitness

Can you devote the same focus to our franchise as our workout teams do to their fitness? If so, that's the kind of franchisee we're looking for! Platoon Fitness

That's right just like one of our workout teams, we expect our franchise team to be on board with the program 100%. There's simply no point in becoming a part of the team if you are not prepared to put in the effort and keep a sharp focus on the key factors needed to reach our franchise goals. The reason for our company's phenomenal success is no accident. Years of planning, testing, adjusting and refining have taught us many of the pitfalls of business ownership and allowed us to continually improve and learn through experience. A Platoon Fitness franchisee needs a clear mind to focus on the most important task at hand: running a successful business.

About Workout Anytime 24/7

Franchising with Workout Anytime is a great option for those who are looking to have more control over their own destiny by running their own business. One of the perks of franchising with an established brand like Workout Anytime is that once your location is up and running, you’ll be able to enjoy greater flexibility with your time. We want our franchise-partners to enjoy financial and lifestyle independence by being able to delegate day-to-day tasks to their trusted employees, leaving them free to decide for themselves when they’d like to come in to work.

The total investment necessary to begin operation of a Workout Anytime franchised business is from $562,850 to $1,008,550. This includes
$159,398 to $273,004 that must be paid to the franchisor or affiliate.
The total investment necessary under the Development Agreement is from $1,643,550 to $2,980,650. This includes total initial franchise fees of $60,000 that must be paid to the franchisor or its affiliates.
Veteran Incentives  22% off franchise fee

"Entrepreneur
#351 in Franchise 500 for 2020.