US fitness chain Anytime Fitness has announced its intention to capitalise on Olympic fever by offering its business model to potential franchisees across the UK.
Founded in 2002, Anytime Fitness now claims to have almost 1.5 million members in 2000 clubs spanning countries including the US, Canada and New Zealand. It was recently named the ‘Fastest Growing Fitness Chain in the World’ by health club trade association IHRSA and was also ranked number 1 in the fitness club category of the Entrepreneurs 500.
Anytime Fitness claims that the steady revenue provided by annual membership fees is a more reliable source of income compared to other franchised businesses, and they also claim that the flat rate model of monthly franchise royalties is cheaper compared to a percentage of income model. The company estimates that startup costs for potential franchisees are around £150,000 – £250,000, with a full return on investment expected within 3 years.
Karl Dietrich, Sales and Marketing Director at Anytime Fitness UK, said: “At this time of austerity and limited investment opportunities, Anytime Fitness offers a high level return in a recession resilient industry, with great potential for growth and expansion.
Additionally, with only 12% of the population currently using a health and fitness facility there is still a huge market to access. Our community based culture means you will not only own a high yielding business, but you will be helping people in the community to get active and lead healthier lives.”
To contact Anytime Fitness about becoming a franchisee call 0800 033 7773 or visit www.anytimefitness.co.uk