#ANYTIME FITNESS GYM FRANCHISE COST MANUAL#
The operations manual was the "you will be open a minimum of X hours/week, you will buy this service from our specific vendors, you will purchase all equipment directly from us or a listed vendor in our online store, you will have a minimum of X employees on site at all times, you will upgrade to all new equipment every 1-5 years. So the franchise agreement will say things like 10-year agreement, $500/month franchise fee, etc. Want to see the operations manual you're agreeing to first? Nope, that's proprietary and can only be provided after signing the agreement and paying the franchise fee. This effectively gave them unilateral authority to change whatever they wanted, whenever they wanted. When reading hundreds of pages of legal disclosure, it's easy to miss. What I missed was one little line in there saying I agree to abide by the current operations at all times.
The FDD and your franchise agreement are your contracts, and it appeared legit on the surface. The owners I sold to were regularly fined by the Home Office for failing to follow the manual, but they turned a profit compared to most. Following their support is where I failed. I had fitness, training, and some small business ownership experience, but not franchise. The franchise marketing plans absolutely did not work, and I sunk my yearly marketing budget into their plan in 3 months, and generated one member from it. My biggest takeaway from franchise gym ownership is that it is 100% all about marketing and membership sales. There are people that do well, there are a lot more that give away their business to get out from the franchise agreement. Knowing what I do now, I won't touch a franchise. If I had known more back then I would've saved a bit more and opened an Anytime instead of the 9-Round.
Location Specific Small Business Subredditįormer 9-Round owner, they're controlled by the same parent company as Anytime Fitness.
#ANYTIME FITNESS GYM FRANCHISE COST FREE#
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