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By: Madi LuckenbaughBy: Madi Luckenbaugh
Their HistoryTheir History
The first club was opened on May 30, The first club was opened on May 30, 2002 in Cambridge, MN.2002 in Cambridge, MN.
Co-founded by Chuck Runyan and Co-founded by Chuck Runyan and Dave MortensenDave Mortensen
Runyan has more than 20 years of Runyan has more than 20 years of experience in managing, consulting, experience in managing, consulting, and owning health clubs.and owning health clubs.
Their MissionTheir Mission
““Provide our customers with Provide our customers with convenience and affordability without convenience and affordability without sacrificing quality.”sacrificing quality.”
What They SellWhat They Sell
Profits come from membership fees Profits come from membership fees and monthly fees, personal training, and monthly fees, personal training, tanning, and vending.tanning, and vending.
What Affects the ProfitWhat Affects the Profit
The market size, demographics, The market size, demographics, efforts made by the owners, and efforts made by the owners, and economic factors affect the profits economic factors affect the profits made in a franchise.made in a franchise.
The RankingsThe Rankings
#6 in 2013 Entrepreneur Franchise #6 in 2013 Entrepreneur Franchise 500500
#1 in Fitness Category#1 in Fitness Category Franchising Today’s “50 Top Franchising Today’s “50 Top
Franchises for Veterans and for Franchises for Veterans and for Minorities”Minorities”
How They’re DoingHow They’re Doing
Over 1 million membersOver 1 million members Over 1,800 clubs worldwide (ex: Over 1,800 clubs worldwide (ex:
Ireland, Belgium, Luxembourg, Ireland, Belgium, Luxembourg, Canada, Qatar, Poland, Japan and Canada, Qatar, Poland, Japan and more!)more!)
60% of franchisers own more than 60% of franchisers own more than one club.one club.
Future PlansFuture Plans
No specific plans are listed other No specific plans are listed other than to keep up with what they are than to keep up with what they are doing and to approve along the way.doing and to approve along the way.
Help in the CommunityHelp in the Community
Provide support groups in the Provide support groups in the communitycommunity
No known donations are made.No known donations are made.
The Process to Start Your OwnThe Process to Start Your Own
Go to their website to do the following steps:Go to their website to do the following steps:1.1. Determine your compatibility to see how this Determine your compatibility to see how this
fits you.fits you.2.2. Contact them.Contact them.3.3. Receive and fill out the Franchise Disclosure Receive and fill out the Franchise Disclosure
DocumentDocument4.4. Receive and sign the franchise agreementReceive and sign the franchise agreement5.5. Make the final decisionMake the final decision6.6. Attend trainingAttend training7.7. Open your club!Open your club!
The FeesThe Fees
Start-up Cost: Anywhere from Start-up Cost: Anywhere from $71,599 to $353,900$71,599 to $353,900
Franchise Fee: $26,999Franchise Fee: $26,999 Monthly Payment: $499Monthly Payment: $499
What is ProvidedWhat is Provided There are no requirements from the franchiser There are no requirements from the franchiser
listed, but they do provide a lot to you:listed, but they do provide a lot to you: Training, Building Process, Location Settlement, Training, Building Process, Location Settlement,
Club Layout, Interior Design, Security, and Club Layout, Interior Design, Security, and Surveillance SystemsSurveillance Systems
Franchise Consultant is provided to you.Franchise Consultant is provided to you. Weekly Conference CallsWeekly Conference Calls Advanced Training for managers and sales Advanced Training for managers and sales
personnelpersonnel ShadowingShadowing Contact: 1-800-704-5004Contact: 1-800-704-5004
Sources UsedSources Used
http://www.entrepreneur.com/http://www.entrepreneur.com/ www.anytimefitness.com/www.anytimefitness.com/ http://www.franchising.com/http://www.franchising.com/