Snap Fitness vs Workout Anytime 24/7 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Snap 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

 
Snap Fitness Franchise
Workout Anytime 24/7 Franchise
Investment $144,798 - $478,762$562,850 - $1,008,550
Franchise Fee $29,500$35,000
Royalty Fee $580/mo.4%+
Advertising Fee $275/mo.1%
Year Founded 20031999
Year Franchised 20042005
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Snap Fitness Franchise
Workout Anytime 24/7 Franchise
Experience "What I want is somebody who is a fitness nut: a personal trainer, somebody who comes from running a health club themselves. The economics of it are second to me." - Joey Aunan, franchise development director-

Financing Options

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

Training & Support

 
Snap Fitness Franchise
Workout Anytime 24/7 Franchise
Training On-The-Job Training: Ongoing Classroom Training: 30 hours 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 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 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1-

Expansion Plans

 
Snap Fitness Franchise
Workout Anytime 24/7 Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Snap Fitness

Thanks for your interest in owning a Snap Fitness franchise. If you are looking for a proven, affordable and trail-blazing concept in a growing industry, you've come to the right place! Today more than ever, people know it's important to be fit. Their challenge is squeezing exercise into busy lives. With Snap Fitness, you provide the solution, bringing fast, convenient and affordable workouts into their neighborhoods - minutes from their doorsteps - with your own compact, 24/7 state-of-the-art fitness center. The Industry's Fastest-Growing Fitness Franchisor Our first club opened in 2004. Today, with more than 1,500 sold in the United States and Canada, we rank #1 on Franchise Market Magazine's Top 100 New Franchises* and #3 among Entrepreneur Magazine's Top New Franchises**. A Snap Fitness franchise is easy to afford, easy to manage - 70% of our franchisees are absentee owners - and easy to market. As important, you'll find us to be trustworthy partners. Our success is driven by a single-minded focus to make YOU successful and Christian principles that guide us to treat everyone with dignity, respect and fairness. Take Your First Step Towards Freedom and Fulfillment We invite you to take a close look at us as an opportunity to turn wellness into wealth and to live your dream with a degree of freedom and flexibility not possible in the traditional work world. We stand ready to help you determine if a Snap Fitness franchise is right for you. You can contact a sales consultant right now. Thanks again for stopping by, and - be well.

Veteran Incentives  $5,000 off franchise fee

"franchiserankingscom"
#89 on Franchise Rankings.com

"Entrepreneur
#470 in Franchise 500 for 2020.


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.