Anytime Fitness franchise
A staffed-and-keyless fitness center of roughly 4,000 to 7,000 square feet selling memberships with 24-hour member access and reciprocal use of other centers, plus personal training, group training, nutrition and recovery coaching services.
Manager-run permitted Disclosed
- Source
- 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC
- Document
- FDD 2026, issued 2026-03-31
- Item
- Item 15
- Page
- PDF p. 56
- Obtained
- Wisconsin Department of Financial Institutions — Franchise Registration Search, file 640660
While we do not require that you personally supervise your Anytime Fitness center, we recommend that you do so.
Item 15 states the franchisor recommends but does not require the owner to personally supervise the centre. An owner who is not the on-premises supervisor must designate a Principal Operator, who must complete the initial training and may be required to sign a confidentiality agreement, and who need not hold any ownership interest. A Principal Owner (more than 10% interest) must attend the franchisor's conference, and every owner of the franchisee entity, together with their spouse, must sign a personal guaranty.
What stands out
- Total initial investment of $539,329 to $905,482 for a new leased-site centre, including a standard $42,500 initial franchise fee; Item 5 shows reduced fees of $22,500 to $38,250 for veterans, existing franchisees and Club Purple or Club Platinum members, and states fees actually collected in 2025 ranged from $22,500 to $42,500.
- Continuing fees are flat amounts, not a share of sales: $842 monthly fee, $900 advertising fee and $799 base technology fee per centre per month, plus $600 to $1,000 of required local marketing, all payable regardless of revenue.
- The franchisor may convert the fixed monthly fee into a royalty of up to 8% of gross revenue on 30 days' notice, and the base technology fee may rise 10% a year on a compounding basis.
7 more observations
- Item 19 average total revenue was $446,814 and the median $398,982 for 1,683 franchised centres over the 12 months ended February 28, 2026, roughly three quarters of the 2,269 franchised centres reported at that date; the individual range was $90,337 to $2,048,737.
- The only expense and earnings data comes from 11 company-owned centres, not franchisees: average revenue $521,854, adjusted expenses $325,670, and EBITDA of $149,620 after a manager salary and before interest, taxes, depreciation and debt service.
- The U.S. franchised system shrank in each of the last three fiscal years, from 2,318 outlets at the start of 2023 to 2,271 at the end of 2025, with 193 franchised outlets leaving the system over that period (114 terminations, 76 non-renewals and 3 other closures) against 146 openings.
- Ownership turnover is high: 619 transfers to new owners across 2023 to 2025, and Exhibit C-3 lists 239 franchisees representing 319 franchises that left or stopped communicating during 2025.
- No exclusive territory. A protected territory is drawn at the franchisor's discretion as a circle of no more than 3 miles radius covering no more than 30,000 people, with no minimum quotas but with recalculation possible at renewal.
- Every owner of the franchisee entity and that owner's spouse must personally guarantee all obligations, and the initial term is 6 years with one 5-year renewal.
- Purchases meeting franchisor specifications are over 90% of opening purchases and about 70% of ongoing expenses; the franchisor booked $35,601,110, or 22.96% of its total revenue, from required franchisee purchases in fiscal 2025.
Things to verify
- Ask why Item 6 states a $900 monthly advertising fee while Item 11 states $600, and confirm which amount and which cap (3% or 2% of gross revenue) applies to the agreement being signed.
- Model the fixed monthly obligations against the first-quartile revenue figure of about $233,000 a year, since the fees do not decrease when sales are low.
- Note that no franchised-centre expense or profit data is disclosed; the Item 19 earnings statement covers 11 company-owned centres concentrated in Illinois and Minnesota that opened between 2005 and 2015, with expenses adjusted by the franchisor.
7 more questions
- Ask how the 1,683 reporting centres compare with the roughly 586 franchised centres excluded from Item 19, and what happened to the 66 centres that closed during the measurement period.
- Ask about the trend of 193 franchised outlets leaving the system over three years and about the 154 signed but unopened franchises noted as a risk factor on the cover page.
- Review the cover page notice that the guarantor's financial condition calls into question the franchisor's ability to provide services and support, alongside the Item 21 financial statements.
- Confirm the total cost of required purchases from affiliates, including the ProVision technology package of $37,857 to $45,462 plus the $799 monthly base technology fee escalating 10% a year.
- Check the renewal economics: a 6-year term, a $7,500 renewal fee, a then-current agreement with possibly different terms, and a required remodel and re-equipment the franchisor suggests budgeting $1,000 a month toward.
- Confirm with counsel the effect of the spousal guaranty, the 2-year post-term non-compete within 10 miles of any Anytime Fitness centre, and mandatory arbitration in Minneapolis under Minnesota law.
- Verify the local rent assumption of $19.08 per square foot base plus $6.05 CAM against actual market quotes, and whether a tenant improvement allowance is available in the target site.
Category cost placeholders, not a forecast. This snapshot uses the default inputs; the calculator below updates when you edit them.
Evidence confidence: High. This describes source support, not investment quality. AI-extracted and machine-verified where stated; no human line-by-line review. Source and review record.
Read the full research overview
Anytime Fitness franchisees operate a fitness centre of roughly 4,000 to 7,000 square feet with keyless 24-hour access, selling memberships plus personal training, group training, nutrition and recovery services under the required AF Coaching programme. Item 7 estimates a total initial investment of $539,329 to $905,482 for a start-up centre on a leased vanilla-shell site, including the $42,500 franchise fee and three months of additional funds, and excluding real estate purchase and financing costs.
Ongoing fees are mostly fixed dollars rather than percentages: an $842 monthly fee per centre, CPI-adjusted each January and replaceable on 30 days' notice with a royalty of up to 8% of gross revenue; a $900 monthly advertising fee; a $799 monthly base technology fee that may rise 10% a year compounded; and $600 to $1,000 a month of required local marketing.
Item 19 gives revenue for franchised centres and costs only for company-owned ones. For the 12 months ended February 28, 2026 the 1,683 franchised centres that ran the whole period, used AF Coaching and reported coaching revenue averaged $446,814 in total revenue, with a median of $398,982, quartile averages of $233,169 to $746,996, and 39% at or above average. That group is about 74% of the 2,269 franchised centres reported at that date, and excludes enrolment fees and vending income. Eleven company-owned centres in Illinois and Minnesota averaged $521,854 of revenue and $149,620 of EBITDA on adjusted expenses; no franchised-centre profit data is disclosed.
Item 20 shows a contracting system: franchised outlets fell from 2,318 at the start of 2023 to 2,271 at the end of 2025, with 146 openings against 193 departures, plus 619 ownership transfers. Item 3 lists five matters, all involving affiliates rather than this franchisor. The cover carries state-required risk notices on out-of-state dispute resolution, spousal guaranties, mandatory minimum payments, supplier control, the guarantor's financial condition, and 154 signed but unopened franchises.
View ratings and their supporting evidence
Transparent ratings
How these are computedEach dimension is scored 1–5 from published formulas. Missing data yields “Not enough evidence to rate”, never a low score. There is no composite score by design.
How the system has performed, computed from the disclosed Items 7, 19 and 20. Figures a documented material source inconsistency puts in doubt are excluded, and the dimension shows “Not rated”.
Inputs
- Franchised outlets 2318 → 2271 (Item 20, Table 3)
- Thresholds: ≥15% → 5; 5–15% → 4; 0–5% → 3; −5–0% → 2; below −5% → 1
Inputs
- Attrition = (terminations + non-renewals + reacquisitions + ceased-other) ÷ start-of-year franchised units, averaged over 3 fiscal years
- Thresholds: <2% → 5; 2–4% → 4; 4–6% → 3; 6–10% → 2; >10% → 1
Inputs
- AUV $446,814 (disclosed) ÷ midpoint investment $722,406 = 0.62×
- Thresholds: ≥2.0 → 5; 1.5–2.0 → 4; 1.0–1.5 → 3; 0.7–1.0 → 2; <0.7 → 1
How much this brand’s FDD discloses, and how well-supported our data on it is. This measures transparency, not business performance — a strong business that discloses little scores low here and stays unrated above.
Inputs
- Item 19 present (+1)
- Average plus median or a distribution (+1)
- Population 74% of franchised units, clearly described (+1)
- Cost or profit data disclosed (+1)
- Franchisor Track Record
- Franchising 24 years (since 2002) · 2,282 outlets · Item 3: 5 matter(s) disclosed · Item 4: bankruptcy disclosure present
- Multi-Unit Scalability
- An Area Development Agreement is available to qualified buyers who commit to develop 2 or more centres in a defined territory. The development fee is paid in… · Manager-run permitted
- Operational Intensity
- Manager-run permitted
Initial investment
FDD Items 5 and 7Format shown: Start-up (new build) single Anytime Fitness center on a leased 4,000 to 7,000 square foot vanilla-shell site
$539,329–$905,482 total initial investment. Excludes real estate purchase. Includes 3 months of additional funds.
View full investment breakdown — Items 5 & 7
| Initial franchise fee (the named Item 5 fee only) | $42,500 Disclosed
Flat fee for one location by a new franchisee on standard terms. Existing-franchisee, veteran, Club Purple/Platinum, and multi-location Area Development pricing are discounts/alternate structures, not the standard new-franchisee rate, per instructions. |
|---|---|
| Other required initial payments to the franchisor (Item 5) |
|
| Total Item 5 payments to franchisor/affiliates | $80,357 Derived
$87,962 Derived
|
| Total initial investment — low | $539,329 Disclosed
|
| Total initial investment — high | $905,482 Disclosed
|
| Midpoint of range | $722,406 Derived
|
| Real estate purchase included? | No — assumes a leased site |
| Additional funds assumed | 3 months |
| Required liquid capital | Not disclosed in the reviewed source Not disclosedNot disclosed in the reviewed source. We did not find this value in 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC; we do not fill gaps with estimates or third-party figures. No minimum liquid capital requirement is stated on the cover pages, in Item 1, Item 5 or Item 7 of the reviewed document. |
| Required net worth | Not disclosed in the reviewed source Not disclosedNot disclosed in the reviewed source. We did not find this value in 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC; we do not fill gaps with estimates or third-party figures. No minimum net worth requirement is stated in the reviewed document. |
The Item 7 table is for a start-up centre and assumes a leased vanilla-shell or as-is space of 4,000 to 7,000 square feet, so no land or building purchase is included. Estimates assume $19.08 per square foot base rent plus $6.05 per square foot CAM based on 2025 system averages and a one-month security deposit; Item 7 notes that most franchisees receive a tenant improvement allowance from the landlord (2025 system average $27.23 per square foot, range $0 to $75), which is not deducted from the table. Additional funds cover three months. The estimates exclude finance charges, interest, debt service and, if SBA financing is used, an additional 2.25% of the loan amount plus closing costs, interest reserves and a construction contingency. No payments are refundable and the franchisor does not offer financing for any part of the initial investment. There is only one Item 7 table; the Anytime Fitness Express Market format was offered only until April 2024 and is not offered in this document.
Item 7 line items (15)
| Expenditure | Low | High |
|---|---|---|
| Initial Franchise/Development Fee — Replaced by a Development Fee if an Area Development Agreement is signed. | $42,500 | $42,500 |
| Travel and training expenses — Franchisor does not charge for initial training; franchisee pays travel and living costs. | $1,500 | $2,425 |
| Leasehold improvements — Assumes a vanilla-shell or as-is leased space; excludes structural work, site work, surveys and exterior improvements. | $170,280 | $417,300 |
| 3 months' rent plus security deposit — Assumes $19.08 per square foot base rent and $6.05 per square foot CAM, and a one-month security deposit. | $33,500 | $58,700 |
| Construction management fees — Program is currently optional; the $12,500 cost is included only in the high estimate. | $0 | $12,500 |
| Architect/design fees — Payable to the franchisor's designated architectural vendor for construction documents. | $12,825 | $26,075 |
| Fitness equipment — Payable to the franchisor, affiliates or vendors. | $139,873 | $157,936 |
| Technology equipment package — ProVision (affiliate) basic package including an estimated 38% for taxes, shipping and installation. | $37,857 | $45,462 |
| Supplies — Includes the required automated external defibrillator, generally about $2,000. | $3,500 | $3,800 |
| Interior and exterior signs | $14,250 | $36,900 |
| Miscellaneous opening costs — Utility set-up, permits and licences, legal and accounting fees. | $6,750 | $7,910 |
| Pre-sale/grand opening advertising — Minimum required Grand Opening and Ramp Up spend, by market tier. | $11,000 | $23,000 |
| Insurance/bond — Excludes workers' compensation, employer's liability and automobile liability premiums. | $2,900 | $3,450 |
| Furniture and fixtures | $15,200 | $18,330 |
| Additional funds — 3 months — Payroll for a full-time personal trainer and 2 full-time employees, utilities, key fobs, and the first three months of Monthly Fees, advertising fees, local marketing spend and base technology fees. Excludes owner's draw. | $47,394 | $49,194 |
Source for every row: the Item 7 estimated-initial-investment table of 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC (table begins PDF p. 26) — rows inherit the table's citation rather than carrying fifteen identical ones.
Ongoing fees
FDD Item 6Royalty
$842/month Disclosed
- Source
- 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC
- Document
- FDD 2026, issued 2026-03-31
- Item
- Item 6 — Monthly Fee
- Page
- PDF p. 18
- Obtained
- Wisconsin Department of Financial Institutions — Franchise Registration Search, file 640660
We reserve the right to replace this fixed fee with a percentage-based monthly royalty of up to 8% of Gross Revenue.
Flat Monthly Fee per centre rather than a percentage royalty, adjusted every January for CPI. The franchisor reserves the right, on 30 days' notice, to replace the fixed fee with a percentage royalty of up to 8% of Gross Revenue including ancillary and point-of-sale revenue. The fee includes the monthly AF Coaching fee. Payment begins at opening, or 12 months after signing the Franchise Agreement if the centre has not opened, unless the franchisee is working with the franchisor's real estate team.
Brand advertising fund
$900/month Disclosed
- Source
- 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC
- Document
- FDD 2026, issued 2026-03-31
- Item
- Item 6 — General Advertising and Marketing Fee
- Page
- PDF p. 18
- Obtained
- Wisconsin Department of Financial Institutions — Franchise Registration Search, file 640660
General Advertising and Marketing Fee per centre, beginning at opening. Item 6 states the franchisor may increase it on 60 days' notice up to the greater of $900 per month or 3% of Gross Revenue. Item 11 of the same document describes this fee as $600 per month with a cap of the greater of $600 per month or 2%, which conflicts with Item 6; the Item 6 figure is used here and is consistent with the $10,800 annual advertising fund line in the Item 19 company-owned centre statement. Some franchisees on older agreement forms pay a fixed $150 per month. The fund is not audited and the franchisor maintains no advertising council.
Local marketing
$600–$1,000/month Disclosed
- Source
- 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC
- Document
- FDD 2026, issued 2026-03-31
- Item
- Item 6 — Local Marketing Spend
- Page
- PDF p. 22
- Obtained
- Wisconsin Department of Financial Institutions — Franchise Registration Search, file 640660
Required monthly local advertising spend after the Grand Opening and Ramp Up Program: $600 in Tier 3 markets (under 25,000 people within 3 miles), $800 in Tier 2 (25,000 to 49,999) and $1,000 in Tier 1 (more than 50,000). Normally spent directly rather than paid to the franchisor, but the franchisor may require payment to it plus a one-time $350 setup fee. Separately, a Grand Opening and Ramp Up Program spend of $11,000 (Tier 3), $16,000 (Tier 2) or $23,000 (Tier 1) is required around opening.
Core requirements shown separately; caps, credits and conditions may overlap. Check the full schedule for technology, cooperative, transfer and other charges.
View all recurring fees and conditions
| Royalty | $842/month Disclosed
Flat Monthly Fee per centre rather than a percentage royalty, adjusted every January for CPI. The franchisor reserves the right, on 30 days' notice, to replace the fixed fee with a percentage royalty of up to 8% of Gross Revenue including ancillary and point-of-sale revenue. The fee includes the monthly AF Coaching fee. Payment begins at opening, or 12 months after signing the Franchise Agreement if the centre has not opened, unless the franchisee is working with the franchisor's real estate team. Flat Monthly Fee per centre rather than a percentage royalty, adjusted every January for CPI. The franchisor reserves the right, on 30 days' notice, to replace the fixed fee with a percentage royalty of up to 8% of Gross Revenue including ancillary and point-of-sale revenue. The fee includes the monthly AF Coaching fee. Payment begins at opening, or 12 months after signing the Franchise Agreement if the centre has not opened, unless the franchisee is working with the franchisor's real estate team. |
|---|---|
| Advertising / brand fund | $900/month Disclosed
General Advertising and Marketing Fee per centre, beginning at opening. Item 6 states the franchisor may increase it on 60 days' notice up to the greater of $900 per month or 3% of Gross Revenue. Item 11 of the same document describes this fee as $600 per month with a cap of the greater of $600 per month or 2%, which conflicts with Item 6; the Item 6 figure is used here and is consistent with the $10,800 annual advertising fund line in the Item 19 company-owned centre statement. Some franchisees on older agreement forms pay a fixed $150 per month. The fund is not audited and the franchisor maintains no advertising council. General Advertising and Marketing Fee per centre, beginning at opening. Item 6 states the franchisor may increase it on 60 days' notice up to the greater of $900 per month or 3% of Gross Revenue. Item 11 of the same document describes this fee as $600 per month with a cap of the greater of $600 per month or 2%, which conflicts with Item 6; the Item 6 figure is used here and is consistent with the $10,800 annual advertising fund line in the Item 19 company-owned centre statement. Some franchisees on older agreement forms pay a fixed $150 per month. The fund is not audited and the franchisor maintains no advertising council. |
| Required local marketing | $600–$1,000/month Disclosed
Required monthly local advertising spend after the Grand Opening and Ramp Up Program: $600 in Tier 3 markets (under 25,000 people within 3 miles), $800 in Tier 2 (25,000 to 49,999) and $1,000 in Tier 1 (more than 50,000). Normally spent directly rather than paid to the franchisor, but the franchisor may require payment to it plus a one-time $350 setup fee. Separately, a Grand Opening and Ramp Up Program spend of $11,000 (Tier 3), $16,000 (Tier 2) or $23,000 (Tier 1) is required around opening. Required monthly local advertising spend after the Grand Opening and Ramp Up Program: $600 in Tier 3 markets (under 25,000 people within 3 miles), $800 in Tier 2 (25,000 to 49,999) and $1,000 in Tier 1 (more than 50,000). Normally spent directly rather than paid to the franchisor, but the franchisor may require payment to it plus a one-time $350 setup fee. Separately, a Grand Opening and Ramp Up Program spend of $11,000 (Tier 3), $16,000 (Tier 2) or $23,000 (Tier 1) is required around opening. |
| Technology / software | $799/month Disclosed
Base Technology Fee (formerly Global Access Fee) per centre, payable to the franchisor or affiliate ProVision for access-control software, updates, security monitoring, club management and operating software support, email hosting, fitness scanning and sound system services. Subject to an annual increase of up to 10%, compounded and cumulative. Out-of-scope support is billed at $150 per hour. Base Technology Fee (formerly Global Access Fee) per centre, payable to the franchisor or affiliate ProVision for access-control software, updates, security monitoring, club management and operating software support, email hosting, fitness scanning and sound system services. Subject to an annual increase of up to 10%, compounded and cumulative. Out-of-scope support is billed at $150 per hour. |
| Advertising cooperative | Not disclosed in the reviewed source Not disclosedNot disclosed in the reviewed source. We did not find this value in 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC; we do not fill gaps with estimates or third-party figures. No advertising cooperative currently exists, so no cooperative contribution amount is disclosed. Item 11 states the franchisor may establish local cooperatives in markets with 2 or more centres, participation would then be mandatory, and the contribution would not exceed 2% of monthly Gross Revenue. |
| Transfer fee | $9,999–$25,000 one-time Disclosed
$9,999 if the franchise is transferred after the centre opens; $25,000 if transferred before it opens. Club Platinum or Club Purple members buying an existing open centre for less than $125,000 pay 50% of the then-current fee. Broker fees or commissions are payable in addition. $9,999 if the franchise is transferred after the centre opens; $25,000 if transferred before it opens. Club Platinum or Club Purple members buying an existing open centre for less than $125,000 pay 50% of the then-current fee. Broker fees or commissions are payable in addition. |
| Renewal fee | $7,500 one-time Disclosed
Payable at least 30 days before the term expires, only if the franchisee chooses to renew. A $550 pre-transfer/renewal technology inspection fee also applies. Payable at least 30 days before the term expires, only if the franchisee chooses to renew. A $550 pre-transfer/renewal technology inspection fee also applies. |
| Royalty + ad fund (% of sales) | Not disclosed as percent of sales Not disclosedNot disclosed in the reviewed source. We did not find this value in 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC; we do not fill gaps with estimates or third-party figures. |
Fee schedule (37 fees; 36 verified against the source, 1 single-pass)
Every recurring, conditional and one-time fee found in this FDD's Item 6 table (plus mandatory recurring costs disclosed in Items 7/11), each cited to its page and carrying its verification status: verified means two independent readings agreed or a tie-break re-inspection of the page decided it; single-pass means one reading captured it and it has not been independently confirmed (permitted only for fees that cannot move modeled economics — see the materiality rule). Amounts marked “not stated” are charged at then-current rates the FDD does not quantify and are never modeled as $0. This schedule is marked INCOMPLETE — see the note below.
| Fee | Amount | Frequency | Mandatory | Verification | Cite | Notes |
|---|---|---|---|---|---|---|
| Monthly Fee | $842 | monthly | Yes | verified (2-pass) | Item 6, p. 18 | Adjusted annually each January for CPI. Franchisor may, on 30 days' notice, replace this fixed fee with a percentage royalty of up to 8% of Gross Revenue. |
| General Advertising and Marketing Fee | $900 | monthly | Yes | verified (2-pass) | Item 6, p. 18 | Franchisor may increase on 60 days' notice up to the greater of $900/month or 3% of Gross Revenue. |
| Grand Opening and Ramp Up Program | Tiered (base $11,000) | one time | Yes | verified (2-pass) | Item 6, p. 18 | Spent directly by franchisee on required grand-opening advertising 60 days before/after opening; already captured as a line item in the Item 7 initial investment table. |
| Base Technology Fee (formerly Global Access Fee) | $799 | monthly | Yes | verified (2-pass) | Item 6, p. 18 | 10% annual increase, compounded and cumulative. |
| Pre Transfer / Renewal Technology Inspection Fee | $550 | per event | No | verified (2-pass) | Item 6, p. 18 | Only charged in connection with a franchise renewal or transfer. |
| AF Coaching Fees | Tiered (base 149%) | monthly | No | verified (tie-break) | Item 6, p. 19 | Payable only for centers operating under Franchise Agreements dated March 28, 2019 or earlier, or by an existing franchisee newly implementing AF Coaching. A new franchisee pays nothing separately because the Monthly Fee includes the monthly AF Coaching fee. Pass B's reading adopted: the tier detail and the $300 cap are printed in the Amount column, so a null value with empty tiers (Pass A) under-reports the fee. Note 8 confirms use of AF Coaching is itself required system-wide; only this separate line item is legacy-only. |
| AF Coaching Registration Fee | $250 | per event | No | verified (tie-break) | Item 6, p. 19 | Only for an existing franchisee that will now offer AF Coaching and has not already completed the training. There is no AF Coaching Registration Fee for a new or renewing franchisee, whose AF Coaching Training sits inside the initial training program covered by the Initial Franchise Fee. Frequency is per_event (charged per person when training is scheduled), not one_time as Pass A had it. |
| On-Site Relaunch Training or Additional Assistance Fees | $4,000 | per event | No | verified (tie-break) | Item 6, p. 19 | Required for a new franchisee purchasing an existing club (2 to 6 days of on-site training), and charged whenever you request, or the franchisor determines you need, additional on-site assistance. Travel costs, room and board for corporate staff are included in the fee. |
| On-Site Relaunch Re-booking Fees | $2,000 | per event | No | verified (tie-break) | Item 6, p. 19 | Charged if you fail to supply the required club performance documents at least 14 days before the scheduled on-site training visit; payable in addition to the training fee already paid (Note 10). |
| On-Site Training Cancellation Fees | $0–$4,000 | per event | No | verified (tie-break) | Item 6, p. 19 | Note 10: no cancellation fee if you cancel 30 or more days before the scheduled training; a 100% cancellation fee (no refund) if you cancel less than 30 days before. |
| No Show Fees | $750 | per event | No | verified (tie-break) | Item 6, p. 19 | If you are scheduled for an on-site visit or registered for an in-person training program and fail to attend, fail to have the appropriate parties attend, or fail to stay for the entire program, without at least 2 weeks' advance notice. |
| Healthy Contributions Fitness Incentive Program - Initial Fees | $0 | one time | No | verified (tie-break) | Item 6, p. 20 | Payable to the franchisor's affiliate Healthy Contributions only if members or non-member attendees of your location participate in Fitness Incentive Programs (Exhibit H). Distinct Item 6 row from the Ongoing Fees; Pass B folded it into a note on the ongoing entry. |
| Healthy Contributions Fitness Incentive Program - Ongoing Fees | $5 | monthly | No | verified (tie-break) | Item 6, p. 20 | Only if members or non-member attendees of your location participate in Fitness Incentive Programs administered by Healthy Contributions (Exhibit H). |
| Charitable Contribution | $100 | monthly | No | verified (tie-break) | Item 6, p. 20 | Not currently required. The franchisor reserves the right to require $100 per month payable to the Heartfirst Charitable Foundation or another charitable organisation it designates. |
| Inspection Fee | $50–$100 | per event | No | verified (2-pass) | Item 6, p. 20 | Only charged if franchisee fails a post-opening inspection and must be re-inspected. |
| Peer Compliance Committee Default Fee | Not stated | monthly | No | verified (tie-break) | Item 6, p. 21 | Levied by a committee of other franchisees if they determine you breached certain Franchise Agreement provisions. In addition to the Standard Default Fee and any damages or costs the franchisor incurs. |
| Standard Default Fee | Not stated | monthly | No | verified (tie-break) | Item 6, p. 21 | Payable each month until an uncured breach of certain Franchise Agreement provisions is cured; in addition to any fine assessed by the Peer Compliance Committee. |
| Marketing Materials | $5,000 | annual | Yes | verified (tie-break) | Item 6, p. 21 | $5,000 is the amount for the first year of operations. After the first year the amount varies based on your needs and purchases, and counts against your Local Marketing Spend requirement. |
| Ongoing Purchases of Retail Products and Other Promotional Items | $1,000–$5,000 | annual | No | verified (2-pass) | Item 6, p. 21 | Franchisor does not currently, but may in the future, implement a mandatory auto-ship program for these purchases. |
| Conference Fee | $499–$749 | per event | Yes | verified (tie-break) | Item 6, p. 21 | Payable in each year a Conference is scheduled, for one center regardless of how many you open, and even if you do not register. Note 11 requires a Principal Owner to attend; a Principal Operator may substitute only with the franchisor's express permission. Item 19 note 7 states the Conference is held every other year. |
| Continuing Engagement Credit Fees | Not stated | annual | No | verified (tie-break) | Item 6, p. 21 | Only if you fail to complete 1,200 continuing engagement credits in a calendar year; both the requirement and the fee are prorated in your first year of operation. Payable to the franchisor or as an additional contribution to the General Advertising and Marketing Fund, at the franchisor's discretion. |
| Customer Service Webinar | $250 | per event | No | verified (tie-break) | Item 6, p. 22 | Charged if you fail to meet the franchisor's customer service standards and must take its customer service webinar, plus an additional $250 per month for each month until you attend. |
| Renewal Fee | $7,500 | one time | No | verified (2-pass) | Item 6, p. 22 | |
| Transfer Fee | Tiered (base $9,999) | one time | No | verified (2-pass) | Item 6, p. 22 | $9,999 if transferred after opening; $25,000 if transferred before opening; 50% discount for Club Platinum/Purple members buying a sub-$125,000 center. |
| Liquidated Damages | $10,000 | per event | No | verified (2-pass) | Item 6, p. 22 | Only applies under an Area Development Agreement, per undeveloped center. |
| Insurance/Bond Handling Fees | $100 | per event | No | verified (tie-break) | Item 6, p. 22 | Only if you fail to obtain the required insurance or health club surety bond and the franchisor obtains it for you. The fee excludes the insurance or bond premium itself, which you must also reimburse. A handling charge, distinct from the surety bond premium itself (see surety-bond). |
| Costs and Attorneys' Fees | Not stated | per event | No | verified (tie-break) | Item 6, p. 22 | Payable only if the franchisor is successful in a legal action it brings against you, or in defending a claim you bring against it. |
| Interest | 1.5% of other | monthly | No | verified (tie-break) | Item 6, p. 22 | Payable on all overdue amounts. |
| Indemnification | Not stated | per event | No | verified (tie-break) | Item 6, p. 22 | You must reimburse the franchisor if it is sued or held liable for claims arising out of your business. |
| Club Enhancement Program | $1,000 | monthly | No | verified (tie-break) | Item 6, p. 22 | A recommended monthly set-aside for the remodel required as a condition of renewing the franchise; the franchisor has the right to require you to pay these amounts to it to hold for you. |
| Local Marketing Spend | Tiered (base $600) | monthly | Yes | verified (2-pass) | Item 6, p. 22 | Spent by franchisee directly on approved local advertising after the Grand Opening and Ramp Up Program; not currently paid to franchisor, but franchisor may require payment of the minimum plus a one-time $350 setup fee to conduct it on franchisee's behalf. |
| AF Coaching (TNR) Revenue Reporting Fee | $500 | per event | No | single-pass | Item 6, p. 23 | Only charged for each month franchisee fails to report AF Coaching (TNR) revenue as required. [Listed by one verification pass only (A); not independently confirmed.] |
| Provider Program | 7% of other | monthly | No | verified (tie-break) | Item 6, p. 23 | Only if you elect to participate in the optional Provider Program (Exhibit Q); a separate $1,000-$2,000 training charge also applies. |
| Required insurance coverage | $3,200 | annual | Yes | verified (tie-break) | Item 19, p. 66 | General liability with complete operations and broad form contractual liability coverage, minimum $1,000,000 per person / per occurrence and $3,000,000 aggregate, naming the franchisor and affiliates as additional insureds. Estimates exclude workers' compensation, employer's liability and automobile liability. The $3,200 figure itself appears in the Item 19 operating expense table on p.65; footnote 3 explaining it is on p.66. |
| Club Management Software (and Evolt subscription) | Not stated | varies | Yes | verified (tie-break) | Item 11, p. 49 | Required for all Anytime Fitness centers; purchased from designated vendor(s) under the Service Agreements in Exhibit L, plus the Evolt Software Subscription Agreement in Exhibit O. The Base Technology Fee pays ProVision to support this software (Item 6 Note 7) but does not buy the licence. Calculator audit 2026-09-03: The item_11/Item 6 text alone makes Club Management Software read like an unpriced mandatory add-on, but the Franchise Agreement body (FA Sec. 5.4) explicitly says its use is bundled into the already-modeled $799/month Base Technology Fee, so flagging it as a separate cost gap would mislead a reader into thinking real dollars are missing from the total. (p. 253; "which currently includes the support fee for access to the Information System, u") |
| ProVision hourly support for non-ProVision equipment | $150 | per event | No | verified (tie-break) | Item 6, p. 24 | Only for service on equipment or a system that ProVision did not install; support for ProVision-installed technology is covered by the Base Technology Fee. |
| Health club membership surety bond | $250 | annual | Yes | verified (tie-break) | Item 7, p. 28 | You must purchase a bond for your business from the franchisor's designated surety bond vendor and maintain it during the term of the Franchise Agreement. The bond secures obligations to pre-paid members; applications are Exhibits K-1 and K-2. |
Marked incomplete by verification: the Club Management Software subscription and the Evolt body-scan subscription are mandatory (Items 8/11/22) but the FDD states no price for either, so their amounts cannot be scheduled; both are listed as mandatory-undisclosed and excluded from modeled totals.
Recurring fees are predominantly fixed dollar amounts rather than a percentage of sales, so they do not fall when sales fall; the cover page carries a state-required risk notice about mandatory minimum payments. Combining the current Monthly Fee, advertising fee, base technology fee and Tier 3 local marketing minimum gives roughly $3,141 per month of required payments before other charges. The franchisor may convert the Monthly Fee to a royalty of up to 8% of Gross Revenue on 30 days' notice, and the Base Technology Fee may rise 10% annually on a compounding basis. Item 6 and Item 11 disagree on the General Advertising and Marketing Fee ($900 versus $600 per month); the Item 6 amount is recorded here. Item 6 also lists event-driven charges not included above, including a $4,000 on-site relaunch training fee, a $2,000 re-booking fee, no-show fees of $750 (cap $1,500), $250 customer service webinar fees, a $500 monthly AF Coaching revenue reporting fee for missing reports, $50 to $100 inspection fees, and $10,000 per undeveloped centre in liquidated damages under an Area Development Agreement.
Financial performance (Item 19)
What the franchisor actually disclosedWho is represented: Section I covers 1,683 franchised Anytime Fitness centres that were open and operating for the entire 12 months ended February 28, 2026, that used AF Coaching throughout that period and that reported AF Coaching revenue to the franchisor. The franchisor states there were 2,269 franchised centres in the system as of February 28, 2026, excluding 66 centres that permanently closed during the period, so the reporting group is roughly three quarters of franchised centres. The earliest reporting centre opened in 2003 and the latest in 2025. Section II is a subset of 215 of those same centres that used the Coaching Dashboard for at least 9 months. Section III is not franchised at all: it covers the 11 company-owned centres (9 in Illinois, 2 in Minnesota) open as company-owned centres for the 12 months ended February 28, 2026, with expenses adjusted to what the franchisor believes a franchisee would incur. Anytime Fitness Express centres are excluded from all sections.
Qualifications: The Section I population is not the whole franchised system: it is limited to the 1,683 centres that operated for the entire 12 months ended February 28, 2026, used AF Coaching and reported coaching revenue, out of 2,269 franchised centres reported at that date, and it excludes the 66 centres that permanently closed during the period (one of which had operated less than 12 months). Revenue in Sections I and II excludes one-time member enrolment fees and vending income and comes from figures centres reported to the franchisor; it is not stated to be audited. Section II covers only 215 centres that chose to use the Coaching Dashboard for at least 9 months, so any difference from Section I may reflect who adopted the tool rather than its effect. No cost, expense or profit information is disclosed for any franchised centre. The only expense and earnings data is Section III, drawn from 11 company-owned centres concentrated in Illinois (9) and Minnesota (2) that opened between 2005 and 2015, with expenses adjusted by the franchisor to estimated franchisee costs, local advertising restated upward from what those centres actually spent, insurance fixed at $3,200, conference cost annualised at half of $1,500, and recovery and nutrition revenue removed. Section III figures exclude depreciation, amortisation, interest, income taxes, debt service on the initial investment, 401(k) benefits, and grand opening costs, and the net operating income line is stated before any manager salary. The heading of Section III refers to 2025 and the terciles are based on 2025 revenue, while the revenue and expense data covers the 12 months ended February 28, 2026.
View full Item 19 disclosure and tables
The Item 19 shows revenue, not profit, for franchised centres. For the 12 months ended February 28, 2026 the 1,683 franchised centres that were open all year, used AF Coaching and reported coaching revenue averaged $446,814 of total revenue, with a median of $398,982 and quartile averages running from $233,169 to $746,996; the individual range was $90,337 to $2,048,737 and 39% of centres reached the average. Revenue is split into membership fees (average $341,503), coaching revenue (average $73,710) and pay-per-visit income (average $31,976), and average monthly membership was 660. A separately reported subset of 215 centres using the Coaching Dashboard averaged $561,291. What the Item 19 does not show is what a franchised centre earns: no franchised-centre expense or profit figures are given. The only earnings statement covers 11 company-owned centres in Illinois and Minnesota, which averaged $521,854 of revenue, $325,670 of expenses adjusted to estimated franchisee costs, $196,183 before a manager's salary and $149,620 of EBITDA. Those company-owned figures carry no interest, depreciation, taxes or debt service on an initial investment the FDD estimates at $539,329 to $905,482.
| Metric | Subset | Value | Units | Period | Cite |
|---|---|---|---|---|---|
| Total revenue — franchised centres open the full year using AF Coaching 39% of units met or exceeded 663 of 1,683 centres were at or above the average. | Section I — all 1,683 centres Average | $446,814 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Total revenue — franchised centres open the full year using AF Coaching | Section I — all 1,683 centres Median | $398,982 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Membership revenue Median was $303,107. | Section I — all 1,683 centres Average | $341,503 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| AF Coaching revenue (personal training, nutrition, recovery) Median was $50,779. | Section I — all 1,683 centres Average | $73,710 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Pay-per-visit revenue Median was $25,400. Typically paid by employers or insurers per member visit. | Section I — all 1,683 centres Average | $31,976 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Total revenue — fourth (highest) quartile 37% of units met or exceeded Quartile median $674,846; quartile range $535,597 to $2,048,737. | Section I — fourth quartile (420 centres) Quartile avg. | $746,996 | 420 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Total revenue — third quartile 48% of units met or exceeded Quartile median $456,382; quartile range $399,121 to $535,569. | Section I — third quartile (421 centres) Quartile avg. | $461,057 | 421 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Total revenue — second quartile 49% of units met or exceeded Quartile median $346,167; quartile range $298,515 to $398,982. | Section I — second quartile (421 centres) Quartile avg. | $346,746 | 421 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Total revenue — first (lowest) quartile 55% of units met or exceeded Quartile median $241,939; quartile range $90,337 to $298,176. | Section I — first quartile (421 centres) Quartile avg. | $233,169 | 421 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Highest total revenue of any reporting centre | Section I — all 1,683 centres High | $2,048,737 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Lowest total revenue of any reporting centre | Section I — all 1,683 centres Low | $90,337 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Average monthly membership count 40% of units met or exceeded Median 593; highest 2,299 and lowest 153. Counts paid members including frozen and delinquent members, excluding trial and complimentary members. | Section I — all 1,683 centres Average | 660 | 1,683 | 12 mo ended Feb 28, 2026 | FDD p.62 |
| Total revenue — centres also using the Coaching Dashboard 37% of units met or exceeded A self-selected subset of the Section I centres that used the Coaching Dashboard for at least 9 months of the period. | Section II — 215 centres Average | $561,291 | 215 | 12 mo ended Feb 28, 2026 | FDD p.64 |
| Total revenue — centres also using the Coaching Dashboard | Section II — 215 centres Median | $482,712 | 215 | 12 mo ended Feb 28, 2026 | FDD p.64 |
| AF Coaching revenue — centres also using the Coaching Dashboard Median $99,358. | Section II — 215 centres Average | $131,437 | 215 | 12 mo ended Feb 28, 2026 | FDD p.64 |
| Average monthly membership count — Coaching Dashboard centres 41% of units met or exceeded Median 653. | Section II — 215 centres Average | 728 | 215 | 12 mo ended Feb 28, 2026 | FDD p.64 |
| Total revenue — company-owned centres 36% of units met or exceeded Median $461,254; range $335,114 to $909,514. Excludes enrolment fees, vending income and recovery and nutrition revenue. | Section III — 11 company-owned centres Average | $521,854 | 11 | 12 mo ended Feb 28, 2026 | FDD p.65 |
| Total operating expenses — company-owned centres, adjusted to estimated franchisee costs 45% of units met or exceeded Median $321,121. Largest lines: rent and CAM $111,977, personal training expenses $103,639, processing and credit card fees $19,678, utilities $17,111, cleaning $11,329, advertising fund $10,800, local advertising $10,036, royalties $10,104, base technology fee $9,588. | Section III — 11 company-owned centres Average | $325,670 | 11 | 12 mo ended Feb 28, 2026 | FDD p.65 |
| Manager base salary deducted The franchisor notes an owner who manages the centre could retain this amount. | Section III — 11 company-owned centres Average | $46,563 | 11 | 12 mo ended Feb 28, 2026 | FDD p.66 |
Disclosed cost and profit figures
These figures are disclosed by the franchisor for the population stated in each row — often a subset (company-owned units, or franchisees who chose to report). They frequently exclude owner compensation, rent, debt service, taxes or royalties. They are not a prediction of your results.
| Metric | Subset | Value | Units | Period | Cite |
|---|---|---|---|---|---|
| Net operating income before manager salary, interest, taxes, depreciation and amortisation — company-owned centres Median $166,776. Citation audit 2026-09-04: page corrected 66 -> 65 (value verified on p. 65). | Section III — 11 company-owned centres Average | $196,183 | 11 | 12 mo ended Feb 28, 2026 | FDD p.65 |
| Net operating income margin before manager salary, interest, taxes, depreciation and amortisation Stated in the chart as the margin on average total revenue. Citation audit 2026-09-04: page corrected 66 -> 65 (value verified on p. 65). | Section III — 11 company-owned centres Other | 37.59% | 11 | 12 mo ended Feb 28, 2026 | FDD p.65 |
| EBITDA — company-owned centres after manager salary Before interest, taxes, depreciation and amortisation, and before any debt service on the initial investment. | Section III — 11 company-owned centres Average | $149,620 | 11 | 12 mo ended Feb 28, 2026 | FDD p.66 |
| EBITDA — company-owned centres after manager salary | Section III — 11 company-owned centres Median | $120,509 | 11 | 12 mo ended Feb 28, 2026 | FDD p.66 |
| EBITDA margin — company-owned centres | Section III — 11 company-owned centres Other | 28.67% | 11 | 12 mo ended Feb 28, 2026 | FDD p.66 |
| EBITDA — top third of company-owned centres Average total revenue for this group was $721,044; EBITDA margin 36.51%. | Section III — top third (4 centres) Average | $263,259 | 4 | 12 mo ended Feb 28, 2026 | FDD p.66 |
| EBITDA — bottom third of company-owned centres Average total revenue for this group was $373,727; EBITDA margin 21.58%. | Section III — bottom third (4 centres) Average | $80,660 | 4 | 12 mo ended Feb 28, 2026 | FDD p.66 |
System health (Item 20)
Outlets, openings, exits and transfers by fiscal year · U.S. onlyView detailed Item 20 tables and source notes
| Fiscal year | Start | Opened | Terminated | Not renewed | Reacquired | Ceased — other | End | Transfers | Company-owned (end) |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2,318 | 47 | 42 | 25 | 0 | 0 | 2,298 | 243 | 12 |
| 2024 | 2,298 | 46 | 33 | 21 | 0 | 0 | 2,290 | 207 | 11 |
| 2025 | 2,290 | 53 | 39 | 30 | 0 | 3 | 2,271 | 169 | 11 |
Disclosed 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC, Item 20, Tables 1–3 (PDF p. 67). All Item 20 data is as of December 31 of each year. The franchised system shrank in each of the three years: 2,318 outlets at the start of 2023 to 2,271 at the end of 2025, a net loss of 47. Over the period there were 146 openings against 114 terminations, 76 non-renewals and 3 outlets that ceased operations for other reasons, with no outlets reacquired by the franchisor. All three Table No. 3 totals rows foot exactly and agree with Table No. 1. Transfers between owners were heavy relative to system size — 243, 207 and 169, or 619 over three years against about 2,300 outlets. Company-owned outlets moved from 12 to 11 because one Florida centre was sold to a franchisee in 2024; a footnote explains that outlet is counted as an opening in the franchised table although it never closed. Item 20 states that the Exhibit C-3 list of franchisees whose outlets were terminated, cancelled, not renewed or voluntarily closed during 2025, or who had not communicated with the franchisor, contains 239 franchisees representing 319 franchises. The tables are presented by U.S. state and territory; the 47 franchised and 4 company-owned centres in Spain operated under affiliate Anytime Fitness Iberia are disclosed only in Item 1. Item 20 also notes that current and former franchisees have signed provisions restricting their ability to speak openly about their experience.
Source data notes (4) — inconsistencies found in the FDD itself during verification
Our verification re-reads every table. Where the FDD's own printed tables disagree, we document the discrepancy rather than silently "fixing" it. Classes: B = arithmetic error in the source's derived column; C = the printed tables genuinely disagree; D = a legitimate definitional difference (e.g., transfers netted, explained by a footnote); E = unresolved ambiguity. Figures a material C/E issue puts in doubt are excluded from our derived metrics, scores and rankings.
- [D/minor] Table 3 / Table 4 2024: Table 3 shows 'Reacquired by Franchisor' as zero in all three years, yet Table 4 shows one company-owned Florida club sold to a franchisee in 2024 (Florida company-owned goes 1 -> 0, with 1 in 'Outlets Sold to Franchisees'). The corresponding unit appears in Table 3 as an 'Outlet Opened' for Florida in 2024, so 2024's 46 franchised openings include one conversion rather than a new build. — Explained by the printed footnote to Table 3 on p.73: '*AFLLC sold 1 company-owned club to a franchisee in 2024; while this outlet never closed, it has been marked as "Outlets Opened" as it was, as of December 31, 2024, franchisee-owned.' This is a table-definition choice, not an error, and 'Reacquired by Franchisor' is correctly zero because the movement ran the other way. The TOTAL rows are unaffected and corroborated: Table 3's 2024 end total of 2,290 equals Table 1's franchised end-of-year, and Table 4's 11 equals Table 1's company-owned. One unit is 0.04% of the 2,298 start-of-year franchised base, far below the 0.5% materiality threshold.
- [D/minor] Table 1 2025: Table 1 is headed 'SYSTEMWIDE OUTLET SUMMARY' but every supporting table (Tables 2-5) is broken out by U.S. state and territory only. Item 1 (p.9) discloses that affiliate AFI had 47 franchised and 4 company-owned Anytime Fitness centers in Spain as of December 31, 2025, none of which appear anywhere in Item 20. — The FTC Item 20 tables cover the U.S. franchise offering; the Spanish centres are operated and franchised by a separate affiliate (AFI) under its own system and are properly excluded. The U.S.-only reading is corroborated by Item 19 (p.61), which reports 2,269 franchised centers as of February 28, 2026 - consistent with Table 1's 2,271 U.S. centres at December 31, 2025 and inconsistent with a global count of 2,271 + 47 = 2,318. The printed totals are correct; only the 'SYSTEMWIDE' label is loose, so any unit count published from these tables should be labelled U.S.-only.
- [D/minor] Table 1 2025: Cross-item figure mismatch: Item 19 (p.61) states 2,269 franchised centers as of February 28, 2026, while Item 20 Table 1 shows 2,271 franchised outlets at December 31, 2025. — Two different measurement dates two months apart, each correctly labelled in its own item; a net decline of 2 units over January-February 2026 is consistent with the -19 net change recorded for full-year 2025. Not a discrepancy in the tables. Item 20's December 31, 2025 figure of 2,271 is the one the site should use for unit counts and growth, with the Item 19 figure reserved for financial-performance context.
- [D/minor] Table 3 / Exhibit C-3 2025: Exhibit C-3 lists 239 franchisees who left the system or stopped communicating in the 12 months to December 31, 2025, representing 319 franchises, against only 72 franchised outlet departures in Table 3 for 2025 (39 terminations + 30 non-renewals + 3 ceased operations). — Different populations. Exhibit C-3 counts franchisees who left for any reason - including transfers out, which are not outlet departures at all - plus franchisees who merely stopped communicating, and it counts franchise agreements rather than open outlets. The two reconcile closely: Table 3's 72 outlet departures plus Table 2's 169 transfers in 2025 gives 241 exiting franchisees against Exhibit C-3's 239, a difference of 2. Table 3's TOTAL row is independently corroborated by Table 1 (2,290 start, 2,271 end), so the attrition figures the site derives from Table 3 stand; the exhibit count must not be used as an outlet-closure count.
Company-owned outlets (Table 4)
| Year | Start | Opened | Reacquired from franchisee | Closed | Sold to franchisee | End |
|---|---|---|---|---|---|---|
| 2023 | 12 | 0 | 0 | 0 | 0 | 12 |
| 2024 | 12 | 0 | 0 | 0 | 1 | 11 |
| 2025 | 11 | 0 | 0 | 0 | 0 | 11 |
Read: How to read Item 20.
Ownership and operations
Items 11, 12, 15, 17Manager-run permitted Disclosed
- Source
- 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC
- Document
- FDD 2026, issued 2026-03-31
- Item
- Item 15
- Page
- PDF p. 56
- Obtained
- Wisconsin Department of Financial Institutions — Franchise Registration Search, file 640660
While we do not require that you personally supervise your Anytime Fitness center, we recommend that you do so.
Item 15 states the franchisor recommends but does not require the owner to personally supervise the centre. An owner who is not the on-premises supervisor must designate a Principal Operator, who must complete the initial training and may be required to sign a confidentiality agreement, and who need not hold any ownership interest. A Principal Owner (more than 10% interest) must attend the franchisor's conference, and every owner of the franchisee entity, together with their spouse, must sign a personal guaranty.
View operating requirements, territory and contract term
| Owner involvement (Item 15) | Manager-run permitted Disclosed
Item 15 states the franchisor recommends but does not require the owner to personally supervise the centre. An owner who is not the on-premises supervisor must designate a Principal Operator, who must complete the initial training and may be required to sign a confidentiality agreement, and who need not hold any ownership interest. A Principal Owner (more than 10% interest) must attend the franchisor's conference, and every owner of the franchisee entity, together with their spouse, must sign a personal guaranty. Item 15 states the franchisor recommends but does not require the owner to personally supervise the centre. An owner who is not the on-premises supervisor must designate a Principal Operator, who must complete the initial training and may be required to sign a confidentiality agreement, and who need not hold any ownership interest. A Principal Owner (more than 10% interest) must attend the franchisor's conference, and every owner of the franchisee entity, together with their spouse, must sign a personal guaranty. |
|---|---|
| Initial training | The initial training programme totals 39 hours of classroom training and 24 hours of on-the-job training across 11 subjects, including brand strategy and marketing, technology and security, member experience, member sales, club operations, staffing, financial acumen, construction and design, and AF Coaching. It is delivered as self-paced online courses with assessments, followed by 3 to 5 days of classroom training held virtually or at the franchisor's corporate offices in Woodbury, Minnesota, and then 1 to 3 days of in-person job shadowing at a location the franchisor designates. The Principal Operator must complete it before the centre opens, and if the Principal Operator is not also a Principal Owner, a Principal Owner must complete it as well. The franchisor does not charge for the training; the franchisee pays travel, lodging and wages, estimated at $1,500 to $2,425 in Item 7. AF Coaching training is included for new franchisees. Existing franchisees adding AF Coaching pay $250 per person. A franchisee buying an existing club pays a $4,000 on-site relaunch training fee for 2 to 6 days of on-site training. Each calendar year a Principal Owner must attend at least one franchisor training programme. Disclosed
Hours are the totals row of the Item 11 training table (39 classroom, 24 on-the-job). |
| Multi-unit / development options | An Area Development Agreement is available to qualified buyers who commit to develop 2 or more centres in a defined territory. The development fee is paid in full at signing and replaces the individual initial franchise fees: for a new franchisee $75,000 for 2 centres, $97,500 for 3, $130,000 for 4, and $27,500 for each centre beyond 4, with lower schedules for existing franchisees, veterans and Club Purple or Club Platinum members. The first Franchise Agreement is signed with the ADA; later centres are signed on the then-current form, which may have different terms. The ADA term is typically 1 to 4 years depending on the number of centres, cannot be renewed, and failure to meet the development schedule allows termination with no refund plus $10,000 of liquidated damages for each undeveloped centre. Disclosed
Fee schedule from Item 5; term and liquidated damages from Items 6 and 17. |
| Territory (Item 12) | The franchisee does not receive an exclusive territory and may face competition from other franchisees, franchisor-owned outlets, other channels of distribution and competing brands the franchisor controls. After the site is approved the franchisor grants a protected territory, drawn at the franchisor's sole discretion with mapping software as a circle around the location with a radius no larger than 3 miles and a population of no more than 30,000. Within it the franchisor will not operate or license another Anytime Fitness centre, except for fitness centres inside private establishments limited to employees or guests without reciprocity. The franchisor and its affiliates may operate or license non-Anytime Fitness fitness businesses inside the territory and Anytime Fitness centres outside it even if they compete for members, and protected territories may overlap. The franchisor cannot unilaterally change the territory during the term and there are no minimum sales quotas attached to it, but on renewal it may recalculate the population and modify the territory under its then-current guidelines. Disclosed
Radius and population limits are on page 52 of the PDF. |
| Initial term | 6 years Disclosed
Initial term of the Franchise Agreement. The Area Development Agreement term is typically 1 to 4 years depending on the number of centres to be developed. |
| Renewal | A franchisee in good standing may renew for one additional 5-year period. Conditions include written notice, signing the then-current form of franchise agreement, which may contain materially different terms; updating or relocating the centre to meet current standards; compliance with all agreements with the franchisor and its affiliates; signing a general release; paying the $7,500 renewal fee and a $550 technology inspection fee; showing the right to remain in possession of the premises; and completing any required refresher training. The Area Development Agreement cannot be renewed. Disclosed
Renewal fee amount is from Item 6. |
| Staffing | Item 1 states the franchisor requires the centre to be staffed for a minimum number of hours per week and to offer small and/or large group training, coaching and personal training, which the owner or qualified hired staff may deliver; a telephone answering service may be required during unstaffed hours. The Item 7 additional funds estimate assumes payroll for one full-time personal trainer and 2 full-time employees for the first three months. Members have keyless access 24 hours a day, and the franchisor notes some state and local laws require a staff member on site during operating hours or CPR certification. Disclosed
Payroll assumption is from Item 7 Note 12; the regulatory point is from Item 1. |
Risk and legal observations
Items 3, 4, 8, 15, 17 — summarized neutrallyLitigation: 5 matter(s) disclosed Disclosed · Bankruptcy: Disclosure present Disclosed
View legal disclosures, restrictions and guarantees
| Litigation (Item 3) | 5 matter(s) disclosed Disclosed Item 3 discloses five matters, none of them involving the franchisor Anytime Fitness Franchisor LLC as a party. Three are court proceedings in Barcelona, Spain involving affiliate Anytime Fitness Iberia, which licenses the brand in Spain. In two of them, filed in July 2024 and January 2025, the affiliate sued former franchisees and their guarantors over early termination, post-termination non-competition and misuse of member data; the defendants denied the claims and brought counterclaims alleging inadequate support, marketing fund mismanagement, inaccurate pre-sale information, an invalid non-compete and above-market designated-supplier pricing, one seeking 40,000 euros. The parties in the 2024 case are in mediation. In the third, filed in November 2021, a former Spanish franchisee sought 1.1 million euros alleging breach of the franchise agreement and untruthful pre-contractual statements; the court dismissed the case after trial in November 2023 and the plaintiff has appealed. The remaining two matters are 2009 state regulatory actions against affiliate Bar Method entities over selling franchises without registration: an Illinois consent decree with a permanent injunction, an offer of rescission and $5,000 in penalties and costs, and a New York assurance of discontinuance with an offer of rescission and a $2,500 payment. In both, the operator declined rescission and continued operating. |
|---|---|
| Bankruptcy (Item 4) | Disclosure present Disclosed Item 4 discloses one matter. Thomas Leverton, chief executive of parent companies Purpose Brands Holdings, LLC and Purpose Brands Intermediate, LLC, was chief executive of CEC Entertainment, Inc. from July 2014 to February 2020. CEC Entertainment and its debtor affiliates filed for Chapter 11 protection on or about June 24, 2020, roughly four months after he left. The plan of reorganisation was confirmed on December 15, 2020 and the debtors were discharged on December 30, 2020. |
| Personal guaranty | Required Disclosed
Item 15 requires every individual owner of the franchisee entity, and that person's spouse, to sign a personal guaranty of all franchisee obligations, which also binds them to the confidentiality and non-compete provisions. The cover page carries a state-required spousal liability risk notice stating that marital and personal assets, possibly including the home, are at risk. |
| Non-compete | During the term, and subject to state law, the franchisee may have no involvement in any fitness centre, exercise facility, health club, gym or business offering exercise classes, personal training, fitness equipment, group training, nutrition or recovery services anywhere, including as a creditor or landlord. Before opening the first centre a franchisee may be employed at another fitness club only if neither the franchisee nor immediate family has an ownership interest, the club does not use keyless entry and it is not open more than 18 hours a day. After termination or expiry the same restriction applies for 2 years within the protected territory or within a 10-mile radius of any Anytime Fitness centre, reduced to 5 miles in metropolitan areas with a population over 50,000. Owners and their spouses are bound through the guaranty, and the franchisor may require confidentiality and non-compete agreements from owners, spouses and the Principal Operator. Disclosed
|
| Transfer restrictions | Transfers require franchisor approval, which the franchisor states it will not withhold if all conditions are met. Conditions include being in compliance with the Franchise Agreement, supplying all requested information about the transaction, the transferee meeting the franchisor's requirements and signing the then-current form of agreement for the remaining term (which may carry different fees or territory, though no new initial franchise fee), payment of the transfer fee and any broker fees or commissions, a general release subject to state law, the transferee agreeing to any maintenance, remodelling and re-equipping the franchisor deems necessary including technology and security updates, and the transferee's Principal Operator completing all required training. The franchisor holds a right of first refusal to match any offer for the business. Heirs may assume the franchise if they satisfy the transfer requirements. An Area Development Agreement may not be partially transferred. Transfer fees are $9,999 after opening and $25,000 before opening, plus a $550 technology inspection fee. Disclosed
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| Termination / non-renewal | The franchisor may terminate with cause, including failure to open within 12 months of signing or default under the Franchise Agreement or any other agreement with the franchisor or its affiliates; the Franchise Agreement and Area Development Agreement cross-default. Most defaults are curable within 30 days. Non-curable defaults include liquidation or dissolution, failure to comply with real estate requirements, failing to operate for 7 consecutive days or abandoning the business, loss of the right to do business or of possession of the premises, unapproved transfers, fraudulent conduct or certain criminal convictions, three notices of material breach within 12 months, false books or reports, withholding access to financial systems or revoking electronic payment authority, and misuse of the marks. The franchisee may terminate only if the franchisor materially breaches and fails to cure within 30 days of notice, followed by a further 10 days' notice. On termination or expiry without renewal the franchisor may buy all or part of the business assets at book value and take assignment of the leases. Uncured defaults also carry a fee of up to $1,000 per month, on top of Peer Compliance Committee fines of up to $1,000 per month. Disclosed
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| Supplier restrictions (Item 8) | Item 8 states that items meeting the franchisor's specifications will be over 90% of total purchases to begin operations and about 70% of total expenses once operating. Mandatory sources include the billing and payment processing vendor (not an affiliate, but the franchisor receives rebates and the vendor deducts most fees directly from member receipts), the Technology System and its installation from affiliate ProVision, affiliate Healthy Contributions for group membership, reimbursement and voucher programmes, a designated architectural vendor for construction documents, designated uniform and surety bond vendors, mandatory Club Management Software from a designated vendor, and preferred vendors for the Grand Opening and Ramp Up Program. The franchisor is the only designated vendor of AF Coaching, elements of which are required. It may designate a single source for any required product or service and may itself or an affiliate be that source. Vendor rebates to the franchisor may be up to 34% of purchases. For the fiscal year ended December 31, 2025 the franchisor reported $35,601,110 of revenue from required purchases by franchisees, 22.96% of its total revenue of $155,027,601; affiliate ProVision received $29,369,478, Healthy Contributions $8,957,672 and SEB Distribution $13,198. Supplier approval requests cost the supplier a $300 fee, not the franchisee. There are no purchasing cooperatives. Disclosed
The revenue figures are on page 33 of the PDF and come from internal financial records not adjusted for ASC 606. |
| Dispute resolution | Subject to state law, most disputes must first be mediated at a place selected by the mediator and, if unresolved, go to arbitration in Minneapolis, Minnesota. Any litigation must be brought in the United States District Court for the District of Minnesota or the Ramsey County District Court in Minnesota, and Minnesota law generally applies. The cover page carries a state-required risk notice that out-of-state dispute resolution may cost more and may push a franchisee toward a less favourable settlement. Disclosed
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- The cover page carries six state-required risk notices: out-of-state dispute resolution, spousal liability under the guaranty, mandatory minimum payments regardless of sales, supplier control with prices possibly above market, a statement that the franchisor's guarantor's financial condition calls into question the franchisor's ability to provide services and support, and a significant number of signed but unopened franchises.
- Continuing fees are fixed dollar amounts, so they do not fall with sales: $842 Monthly Fee, $900 advertising fee and $799 base technology fee per centre per month, plus $600 to $1,000 of required local marketing.
- The franchisor may replace the fixed Monthly Fee with a royalty of up to 8% of Gross Revenue on 30 days' notice, and may raise the Base Technology Fee 10% a year on a compounding, cumulative basis.
- Item 6 and Item 11 disclose different amounts for the General Advertising and Marketing Fee ($900 versus $600 per month) and different caps (3% versus 2% of Gross Revenue).
- The advertising fund is not audited, the franchisor maintains no advertising council, and it has no obligation to spend any amount in a franchisee's protected territory.
- Renewal requires upgrading the centre to then-current standards; Item 6 recommends setting aside $1,000 per month for this and notes cardio equipment is expected to be replaced within 5 to 7 years and strength equipment about 10 years after opening.
- A Peer Compliance Committee of other franchisees can levy fines of up to $500 per month, escalating to $1,000 per month, in addition to the franchisor's own default fee of up to $1,000 per month.
- 154 franchise agreements were signed but unopened as of December 31, 2025, against 38 projected franchised openings for the next fiscal year.
- Item 20 states that current and former franchisees have signed provisions during the last 3 years restricting their ability to speak openly about their experience with the franchisor or its predecessor.
- The franchisee entity's owners and their spouses guarantee all obligations, and there is an independent franchisee association (AFFA) listed in Item 20.
Summaries are neutral paraphrases of the cited document and are not legal advice. Read the full Items in the current FDD and consult a franchise attorney.
Illustrative unit economics
Model estimateModel estimate — not disclosed by the franchisor, not a forecast. Fee lines below come from this brand's verified FDD fee schedule and are computed exactly as disclosed (each line shows its arithmetic). Operating-cost ratios are category placeholders we chose — every one is editable and labeled assumption. Results are illustrative arithmetic, not expected returns. Every figure here belongs to one of five labeled categories — disclosed inputs, model assumptions, unmodeled mandatory fees, user-editable assumptions, and exclusions — defined in our methodology. This brand's Item 19 also discloses some cost or profit data — see the Item 19 section, which takes precedence over any assumption here.
| Line (annual) | Downside | Base | Upside |
|---|---|---|---|
| Revenue (AUV basis) | $357,451 | $446,814 | $513,836 |
| − Cost of goods / supplies assumption | $17,873 | $22,341 | $25,692 |
| − Payroll (excl. owner) assumption | $125,108 | $156,385 | $179,843 |
| − Occupancy assumption | $64,341 | $80,427 | $92,490 |
| − Other operating expenses assumption | $50,043 | $62,554 | $71,937 |
| − Monthly Fee disclosed $842/month × 12 = $10,104 |
$10,104 | $10,104 | $10,104 |
| − General Advertising and Marketing Fee disclosed $900/month × 12 = $10,800 |
$10,800 | $10,800 | $10,800 |
| − Base Technology Fee (formerly Global Access Fee) disclosed $799/month × 12 = $9,588 |
$9,588 | $9,588 | $9,588 |
| − Marketing Materials assumption $5,000/yr (seeded from the disclosed floor) |
$5,000 | $5,000 | $5,000 |
| − Health club membership surety bond disclosed $250 per year |
$250 | $250 | $250 |
| = Modeled operating result before the items below (EBITDA-style) | $64,344 | $89,366 | $108,132 |
| − Manager compensation assumption | $60,000 | $60,000 | $60,000 |
| = Modeled result after manager compensation | $4,344 | $29,366 | $48,132 |
| − Illustrative debt service assumption | $81,881 | $81,881 | $81,881 |
| = Illustrative pre-tax cash flow — before taxes, capital expenditures and unmodeled fees | −$77,537 | −$52,515 | −$33,749 |
| Modeled operating margin | 18% | 20% | 21% |
This modeled result is not owner income. It excludes: income taxes; capital expenditures and equipment-replacement reserves; working-capital needs; ramp-up losses; owner-specific costs; one-time and per-event fees (transfer, renewal, audit); and 4 mandatory fee(s) whose amounts the FDD does not state (listed below — real outflows are higher by these amounts). It is illustrative arithmetic on stated assumptions, not a promise or forecast of what a franchisee earns.
Mandatory fees disclosed but not quantified — not included in the modeled result: the FDD requires these but states no amount (e.g. billed at "then-current" rates). They are never modeled as $0. If you have a quote or estimate, enter an annual amount to include it as your own assumption:
- Conference Fee (Item 6, p. 21) — Biennial, so the registration fee alone amortises to roughly $250-$375 per year. Item 19 books $750 per year, being half of an estimated $1,500 all-in biennial cost that also includes travel and hotel - do not read $750 as the fee itself.
- Local Marketing Spend (Item 6, p. 22) — requires an amount the FDD does not state — enter your own figure
- Required insurance coverage (Item 19, p. 66) — $3,200/yr is a franchisor-supplied point estimate; Item 7 warns actual costs may be substantially higher depending on landlord and state requirements.
- Club Management Software (and Evolt subscription) (Item 11, p. 49) — Not an unpriced gap: FA Item 11 Sec. 5.4 states the Base Technology Fee (already modeled at $799/mo) 'currently includes ... use of the Club Management Software.' Its cost is bundled into the modeled Base Technology Fee, not billed separately. Still excluded from the calculator because model_treatment=unknown_amount (no standalone price exists to model), but this should not be read as a real coverage gap.
Overlap control: AF Coaching Fees is counted within “monthly-fee” — excluded to avoid double counting.
The verified fee schedule for this brand is marked incomplete — Marked incomplete by verification: the Club Management Software subscription and the Evolt body-scan subscription are mandatory (Items 8/11/22) but the FDD states no price for either, so their amounts cannot be scheduled; both are listed as mandatory-undisclosed and excluded from modeled totals.; treat the fee subtotal as a floor.
Every figure in this table is a model estimate built on the disclosed fee schedule plus labeled assumptions. Excluded: income taxes, owner draw, working-capital swings, capital expenditures, ramp-up losses in year one, one-time and per-event fees (transfer, renewal, audit), and the undisclosed-amount fees listed above. Read AUV vs. EBITDA vs. owner income before using this.
Sources and provenance
Primary source: 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC · issued 2026-03-31. Find the FDD at Wisconsin Department of Financial Institutions — Franchise Registration Search. We cite source pages and do not redistribute PDFs.
View all sources, provenance and verification notes
| Document | Obtained from | Dates | Status |
|---|---|---|---|
| 2026 Franchise Disclosure Document — Anytime Fitness Franchisor LLC Registry file 640660 · 495 pages Wisconsin registration effective 3/31/2026, status Registered. Issuance date on the cover is March 31, 2026; Item 20 data is as of December 31, 2025 and Item 19 covers the 12 months ended February 28, 2026. | Wisconsin Department of Financial Institutions — Franchise Registration Search | Issued 2026-03-31 Retrieved 2026-08-29 | Newest available at retrieval |
AI-assisted extraction from the archived FDD text, independently machine-verified against the cited source (two passes plus tie-break); not human-reviewed. Extracted 2026-08-29. Last updated 2026-09-05. AI-assisted extraction independently machine-verified against the cited source document (2026-09-02): two independent AI reading passes plus tie-break re-inspection of every disagreement; 73 of 77 material fields confirmed (66 with the exact page citation re-confirmed), 0 corrected, 0 unresolved, 4 confirmed not disclosed. No human has reviewed this profile. Fiscal year covered: FY2025 (Dec 31, 2025). See how we use AI and verify data.
Fields flagged as uncertain (5)
- /fees/ad_fund/value — Item 6 states the General Advertising and Marketing Fee is currently $900 per month with a cap of the greater of $900 or 3% of gross revenue, while Item 11 of the same document states $600 per month with a cap of the greater of $600 or 2%. The Item 6 figure is recorded because Item 6 is the fee table and because the Item 19 company-owned statement shows an annual advertising fund expense of $10,800, which equals $900 a month.
- /fees/cooperative — no advertising cooperative exists today, so no current amount is disclosed; Item 11 caps a future cooperative contribution at 2% of monthly gross revenue. Recorded as not_disclosed with the cap in the note rather than presenting the cap as a live fee.
- /franchisor/business_since — Item 1 states the predecessor Anytime Fitness, LLC offered Anytime Fitness franchises from October 2002 but has operated its own Anytime Fitness centres only since January 2005, so franchising predates company operation of the concept. 2005 is recorded for business_since per the field definition and 2002 for franchising_since.
- /item20/us_only — Item 20 presents outlets by U.S. state and territory but does not label the tables 'U.S. only'. Recorded as true because Item 1 discloses the 47 franchised and 4 company-owned centres in Spain under a separate affiliate franchisor, and those are not reflected in the Item 20 counts.
- /item19/population_share_of_system — 74.2 is 1,683 Section I centres divided by the 2,269 franchised centres Item 19 reports as of February 28, 2026; the FDD does not state this percentage.
Extraction notes (10)
- Item 20 Table No. 3 totals foot exactly for all three years (start plus openings less terminations, non-renewals, reacquisitions and other closures equals the year-end count) and agree with Table No. 1.
- Item 20 counts are as of December 31 and reflect fiscal 2025; Item 19 uses a different window, the 12 months ended February 28, 2026, and reports 2,269 franchised centres at that date against 2,271 at December 31, 2025.
- Section III of Item 19 is headed '2025 Statement of Revenue, Expenses and Earnings' and its terciles are based on 2025 revenue, but the revenue and expense figures are stated to cover the 12 months ended February 28, 2026. The later period is recorded in the metrics.
- The Item 19 metrics for company-owned centres are recorded as profit metrics only where the FDD labels them net operating income, EBITDA or margin; the revenue and expense lines are recorded as such and never as franchisee profit.
- No minimum liquid capital or net worth requirement appears anywhere in the reviewed document, including the cover pages and Items 1, 5, 7 and 15, so both fields are not_disclosed.
- There is only one Item 7 table, so alternative_formats is empty. The Anytime Fitness Express Market format was offered only from November 2021 to April 2024 and is not offered in this document, although existing Express centres remain in the system and are excluded from Item 19.
- None of the five Item 3 matters names Anytime Fitness Franchisor LLC as a party; three involve the Spanish affiliate Anytime Fitness Iberia and two are 2009 regulatory settlements involving affiliate Bar Method entities.
- Item 5 discloses that the ProVision technology package of $37,857 to $45,462 includes taxes, shipping and installation estimated at 63% of package cost, while Item 7 Note 6 gives the same package figures with an estimated 38% for taxes, shipping and installation. The dollar range is identical in both items and is what is recorded; the percentage discrepancy is noted but not used.
- Fee amounts recorded as usd_month are per centre per month as stated in Item 6 and are subject to the stated escalators (CPI for the Monthly Fee, up to 10% a year for the Base Technology Fee).
- Verification 2026-09-02: fix_page /units/total 67 → 68
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