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Updated RecentlyWorkout Anytime 24/7 vs AKT Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Workout Anytime 24/7 vs AKT including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $562,850 - $1,008,550 | $341,200 - $529,900 |
| Franchise Fee | $35,000 | $60,000 |
| Royalty Fee | 4%+ | - |
| Advertising Fee | 1% | - |
| Year Founded | 1999 | 2018 |
| Year Franchised | 2005 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/- | -/- |
| Start-up Costs | Yes/- | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | Yes | - |
Company Overviews
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.
$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]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#351 in Franchise 500 for 2020.
About AKT
!["AKT]("https://fddexchange.com/wp-content/uploads/2019/07/AKT.png")
AKT is a dance-based cardio concept, offering a unique combination of four
modalities: toning, interval, circuit and dance. With new original
programming created every 3 weeks and the belief that movement has a
powerful, lasting impact, AKT is for all body types and fitness levels.
With this positivity and a combination of personal training and
movement-based technique, AKT empowers members across the country to
become stronger in their bodies, minds and communities - and they have
fun doing it!
With a proven concept in one of the most competitive markets, AKT has
extensive market potential - be the first to bring AKT's unique workout
to your local market!
AKT has the brand strength and proven franchise model to deliver excellent
profit potential. International & U.S. markets are available for
multi-unit and single-unit investors. Don’t miss the opportunity to own
your local market!