If you’ve found that many fitness franchise opportunities don’t offer straightforward information about how to become a Franchise Partner, that’s unfortunate. Today, the fitness industry is booming, with more and more health-conscious people making time to hit their local gyms on a regular basis. That might mean investing in a fitness franchise makes good sense for anybody wanting to capitalize on the industry. We certainly think so, which is why we make sure our potential franchise-partners understand what it takes to become part of the Workout Anytime brand. Let’s take a closer look.
Do You Have a Purpose-Driven Business Mind?
To begin with, on some level a potential Workout Anytime franchise-partner should be able to appreciate the idea of running a purpose-driven business. At Workout Anytime, we pride ourselves on being one of the best fitness franchise opportunities because our business model is based on that idea — the notion that one can grow and run a business while making a difference in the community it serves. When you open your Workout Anytime franchise location, you’ll quickly realize that people count on you. They count on you for workout advice, top-notch gym equipment, and for being open and available to them twenty-four hours a day, seven days a week. When you make that kind of commitment to your community, you might well become one of its leaders, and you should be comfortable with that possibility.
Are You Ok with a Few Questions?
As with any relationship, it’s going to take a bit of time for us to get to know each other. We’ll want to make sure you’re a good fit for fitness franchise opportunities like ours, and you’ll want to be sure we’re the right investment for you, your lifestyle, and your goals. That means asking a few questions, which will start when you visit our website and fill out a brief contact form. Once we’ve received it, we’ll give you an introductory call, during which time we’ll be interested to learn more about you and your values, your goals, and your work experience. Conversely, you’ll have the chance to ask us questions about our brand, who we are as a company, and what our guiding principles are. From there, if we feel like there’s a good fit, you’ll fill out a confidential profile and have a minimum of two weeks to read our Franchise Disclosure Document (FDD), which outlines exactly who we are, our history and leadership, and what the requirements are to franchise with us. Then, once your application has been approved and you’ve reviewed the FDD, you’ll have the chance to meet our team, and later, sign your Franchise Agreement. All these steps are in place to ensure you’re as comfortable with us as we are with you.
Do You Have the Financial Resources?
Of course, all fitness franchise opportunities require the financial resources to support them. An investment in Workout Anytime means you’ll need $175k of liquid capital and a net worth of at least $500k for each location you’d like to open. You’ll also need to pay a one-time franchise fee of $35,000, and ongoing monthly royalties of 4% plus $499. These investments contribute to the cost of franchise support and training, among many other benefits you’ll receive once you sign on with us.
We are excited to grow our brand and work with franchise-partners who feel the same way! Are you potentially one of them? Reach out to us today.