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Anytime Fitness franchise financing options
Compare costs, fees and where to get financing for a Anytime Fitness.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Anytime Fitness franchise may result in higher or lower fees.
Franchise feesAnytime Fitness franchise fees total around $22,825, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Initial franchise fee and development fee||$3,150 to $42,500|
|Estimated total||$3,150 to $42,500|
Equipment feesEquipment fees total $108,682 for Anytime Fitness. This is less than the $180,023 average for the top 200 franchises.
|Fitness equipment||$19,977 to $141,012|
|Technology solutions and equipment package||$3,246 to $34,718|
|First-aid equipment||$150 to $1,000|
|Outside signs||$750 to $7,000|
|Supplies and furniture||$510 to $9,000|
|Estimated total||$24,633 to $192,730|
Real estate feesReal estate will set you back $117,303 for Anytime Fitness, thought it's less than the average of $788,376 for the top 200 franchises.
|Real estate and improvements||$35,639 to $189,267|
|Architect and design fees||$1,200 to $8,500|
|Inspection fee||Generally $50-$100|
|Estimated total||$36,839 to $197,767|
Training feesAnytime Fitness initial training costs total $1,582, which comes in under the nationwide average of $9,788.
|Travel and living expenses while training||$413 to $2,750|
|Estimated total||$413 to $2,750|
Marketing costsAdvertisement and marketing costs total up to $9,991 for Anytime Fitness, which is more than the nationwide average of $9,938.
|Interior signs||$375 to $2,857|
|Presale and grand opening advertising||$750 to $16,000|
|Marketing materials||Variable, but currently at the franchisoru2019s cost plus shipping.|
|Estimated total||$1,125 to $18,857|
Insurance costsInitial insurance costs for Anytime Fitness run $1,574. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance||$398 to $2,750|
|Estimated total||$398 to $2,750|
Administrative feesAnytime Fitness administrative fees total up to $2,475 — which comes in under the overall nationwide average of $6,761.
|Legal and accounting expenses||$450 to $4,500|
|Estimated total||$450 to $4,500|
Other expensesMiscellaneous expenses for Anytime Fitness total $3,440 — less than the nationwide average of $69,970.
|Miscellaneous opening costs||$617 to $6,263|
|Estimated total||$617 to $6,263|
How to financeSince the estimated total for Anytime Fitness is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Anytime Fitness franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Anytime Fitness about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $267,871 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?You have several options when it comes to financing a Anytime Fitness — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Anytime Fitness opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Compare small business lendersYou may not need financing to cover the estimated $67,625. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Anytime Fitness stacks upCompare how Anytime Fitness holds up against two similarly sized franchises.
|Snap-on Tools||Anytime Fitness||Curves|
|Average Franchise fees||$49,500||$22,825||$33,750|
|Average Equipment fees||$96,800||$108,682||$9,525|
|Average Real estate fees||NA||$117,303||$4,375|
|Average Training fees||NA||$1,582||$2,750|
|Average Inventory fees||$112,200||NA||$750|
|Average Marketing fees||NA||$9,991||$6,000|
|Average Licenses and permits fees||$1,300||NA||$250|
|Average Insurance fees||$1,250||$1,574||NA|
|Average Admin fees||$1,200||$2,475||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||NA||$3,440||$2,000|
Bottom lineAnytime Fitness franchise costs run a total of $267,871. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
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