ShapeXpress vs Workout Anytime 24/7 Franchise Comparison

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

Start-Up Costs and Fees
 
ShapeXpress Franchise
Workout Anytime 24/7 Franchise
Investment $89,500 - $152,000$562,850 - $1,008,550
Franchise Fee $20,000$35,000
Royalty Fee Varies4%+
Advertising Fee -1%
Year Founded 20021999
Year Franchised 20032005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
ShapeXpress Franchise
Workout Anytime 24/7 Franchise
Experience
  • Marketing skills
  • Sales skills, previous employee supervision skills
    		• -

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

    Training & Support
     
    ShapeXpress Franchise
    Workout Anytime 24/7 Franchise
    Training Ongoing On-The-Job Training: 30 hours Classroom Training: 40 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsPurchasing 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 slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    ShapeXpress Franchise
    Workout Anytime 24/7 Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About ShapeXpress

    NO LONGER FRANCHISING

    Proven results for members AND franchisees! Join our success in the $14.8 billion fitness industry! ShapeXpress for Women is setting the standard for women's only fitness franchise opportunities. "Amazing support from the corporate office." That's what our franchisees are saying about ShapeXpress. Support in every area of starting and operating your club: finding a location, negotiating a lease, decor & build-out, financing, marketing, membership sales, daily operations, billing, member tracking, hiring and more. Each franchisee is assigned a Franchise Support Executive to personally assist with setting goals and addressing concerns. Weekly conference calls keep our franchisees in communication with our corporate office and each other. Among U.S. franchises, 65% consist of fewer than 100 stores and 49% have under 50 locations. Compare this to ShapeXpress, which in its first 3 years of offering, has sold over 300 franchises!

    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.