World Gym International vs Workout Anytime 24/7 Franchise Comparison

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

Start-Up Costs and Fees
 
World Gym International Franchise
Workout Anytime 24/7 Franchise
Investment $852,000 - $2,975,000$562,850 - $1,008,550
Franchise Fee $25,000$35,000
Royalty Fee $1,000/mo.4%+
Advertising Fee included1%
Year Founded 19761999
Year Franchised 19822005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
World Gym International Franchise
Workout Anytime 24/7 Franchise
Experience --

Financing Options
 
World Gym International Franchise
Workout Anytime 24/7 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/-
Start-up Costs -/-Yes/-
Equipment -/Yes-/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/Yes

Training & Support
 
World Gym International Franchise
Workout Anytime 24/7 Franchise
Training On-The-Job Training: 7 days Classroom Training: 5 days 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 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 TemplatesCo-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: 15

-

Expansion Plans
 
World Gym International Franchise
Workout Anytime 24/7 Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About World Gym International

With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.

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.