How to Get a Fitness 24 Franchise
A Fitness 24 center gives you the ability to work out whenever you want, remaining open after other fitness centers have closed for the day. When you purchase a 24-hour fitness franchise, you're helping people reach their weight-loss goals any time of the day. Like any other franchise, it takes time, planning and investment to make your 24-hour fitness center a success.
Instructions
-
Start a 24-Hour Fitness Center at Anytime Fitness
-
1
Go to the Anytime website (see Resources) to learn more about Anytime Fitness programs. According to Anytime Fitness, the total investment is between $43,074 and $298,074 (including an initial franchise fee ranging from $8,999 to $19,999). Anytime also charges a flat $419 per month franchise fee, not based on your sales percentage.
-
2
Call (800) 704-5004 or (651) 438-5000 for franchise information or complete the online form at anytimefitness.com/en-us/opportunities/information. Include your name, email address, contact information and available capital, and submit the form.
-
-
3
Read through the paperwork you receive in the mail and complete the franchise agreement/contract supplied by Anytime Fitness at least two weeks before purchasing the franchise.
-
4
Take advantage of any support you can receive for financial assistance, construction/layout help, training/web seminars, marketing information, lease negotiations and branding of your franchise.
-
5
Attend trainings to learn about opening your 24-hour fitness franchise, operations and marketing/sales tactics.
-
6
Open your store and continue using ongoing training/support.
Start a 24-Hour Fitness Center at Snap Fitness
-
7
Complete the online information request form at Snap Fitness' website (snapfitness.com/franchise_us/getting_started.cfm). Include your name, contact information, net worth, liquid capital, when you'd like to buy the franchise and the reason you'd like to buy it.
-
8
Qualify by having a household income of $100,000 or more, liquid assets of $60,000 or more (after the franchise fee), net worth of $250,000 or more and a credit score of 700 or higher. According to Snap Fitness, your initial investment is about $70,000 (plus total costs), and the start-up working capital is about $240,000, including the franchise fee of $15,000.
-
9
Read through the introductory kit and franchise disclosure document you receive in the mail. You will receive a follow-up call from a sales consultant.
-
10
Continue by participating in a conference call, contacting the Snap Fitness Financial Group about financial options and/or meeting the founder.
-
11
Take advantage of any support you can receive, including financing/loan approval, training, demographics and installation, grand opening and campaign materials, operations, marketing/sales and development of fitness programs.
-
12
Set up a location in a city or town where there is not a Snap Fitness franchise and open your store. Continue using ongoing training/support.
-
1