StrengthTime vs Workout Anytime 24/7 Franchise Comparison

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

Start-Up Costs and Fees
 
StrengthTime Franchise
Workout Anytime 24/7 Franchise
Investment $100,000 - $160,000$562,850 - $1,008,550
Franchise Fee N/A$35,000
Royalty Fee -4%+
Advertising Fee -1%
Year Founded -1999
Year Franchised -2005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
StrengthTime Franchise
Workout Anytime 24/7 Franchise
Experience --

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

Training & Support
 
StrengthTime Franchise
Workout Anytime 24/7 Franchise
Training - 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 --

Expansion Plans
 
StrengthTime Franchise
Workout Anytime 24/7 Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About StrengthTime

The beauty of the StrengthTime system is its simplicity. The notion of "efficient & effective" translates to our business operations. First, StrengthTime requires a small footprint-1,500 and 2,000 sq. ft.-with locations enjoying success in secondary retail locations.

There are no locker rooms, showers or other environmental concerns. A single restroom, changing room, and small reception/office area are all you need to augment your workout studio. Additionally, because our program is so focused on providing an effective and efficient workout, there are no distractions like loud music or mirrors This helps clients focus on their workout.

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.