Buying an anytime fitness franchise1/27/2024 ![]() Yelp reports Anytime Fitness – CLOSED 2501 7th St W St Paul, MN 55116ĪBC57 reports SOUTH BEND, Ind.– Anytime Fitness is closing its doors at Eddy Street Commons. Reports of Anytime Fitness Closings & Franchise Failuresĭespite the CNN’s implication that only four Anytime Fitness franchises have failed, a quick Google search reveals a different story.Īnonymous writes Maplewood, MN Anytime Fitness closed yesterday ( 5/25/11 ) and I showed up to exercise since management did not have the courtesy to notify any of the members. “…Of 147 SBA-backed loans between 20, there were just four defaults. Running an Anytime Fitness gym involves relatively low overhead, because large numbers of employees are not required. “More than half of the club owners have more than one location. Less than 10 years later, there are nearly 1,600 clubs nationwide with more than 1.1 million members. “Co-founders Dave Mortensen, Chuck Runyon and Jeff Klinger - who has since left the company - opened the first club in 2002 in Cambridge, Minn. Members can exercise even when a club is not staffed, thanks to proprietary access software, security and surveillance technology. ![]() In 2011, CNN.com named Anytime Fitness one of its “10 Great Franchise Bets.”ĬNN made this pronouncement based almost solely on Anytime Fitness’ relatively low SBA loan default rate of 2.7%.ĬNN wrote: “Anytime Fitness, a chain of gyms, offers customers workouts at their convenience. Is Anytime Fitness A Great Franchise Bet? If you are searching for the right franchise opportunity, we hope you brought a shovel.Įven the absolute worst franchise disasters seem to receive high rankings in Entrepreneur and accolades in the mainstream business media.ĭo some digging to find out the truth – then post it on for others to see. ![]() Anytime Fitness Franchise Complaints: Add yours as a comment below! Love the Anytime Fitness franchise? Tell us why!Īre you familiar with the Anytime Fitness franchise opportunity? Please share a comment below.Īlso read: SNAP FITNESS Franchise Complaints ![]()
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