Fitness Together vs Workout Anytime 24/7 Franchise Comparison

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

Start-Up Costs and Fees
 
Fitness Together Franchise
Workout Anytime 24/7 Franchise
Investment $189,162 - $328,576$562,850 - $1,008,550
Franchise Fee $39,900$35,000
Royalty Fee 6%4%+
Advertising Fee 2%1%
Year Founded 19841999
Year Franchised 19962005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of current franchise fee-


Business Experience Requirements
 
Fitness Together Franchise
Workout Anytime 24/7 Franchise
Experience
  • Industry experience
    		• -

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

    Training & Support
     
    Fitness Together Franchise
    Workout Anytime 24/7 Franchise
    Training Classroom Training: 40 hours On-The-Job Training: 30 hours Classroom Training: 40 hours
    Support Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform 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 Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Fitness Together Franchise
    Workout Anytime 24/7 Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Fitness Together

    Established by Rick Sikorski in 1983, Fitness Together offers individual instructional courses to customers between the ages of 15 and 80. The organization, which started diversifying in 1996, works diversified studios over the United States.

    Best 5 reasons why you ought to consider owning a Fitness Together establishment:

    - A one of a kind private preparing idea
    - Solid establishment bolster with more than 30 years involvement in the individual preparing industry.
    - Set up working frameworks that use best business hones.
    - The chance to change lives with enhanced wellness and wellbeing

    - Proposals for showcasing and advancement of your studio

    The total investment necessary to begin operation of a Fitness Together studio ranges from $189,162 to $328,576. This includes $43,559 to $48,559 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin operation of a Fitness Together area development franchise ranges from $79,800 (for a 2-studio commitment) to $299,000 (for a 10-studio commitment). This entire amount must be paid to the franchisor.

    VetFran incentive - 20% off the initial franchise fee

    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.