CNN Money Calls Anytime Fitness a "Great Franchise Bet"

HASTINGS, Minn., June 16, 2011 /PRNewswire/ -- CNN Money has listed Anytime Fitness, the world's largest and fastest-growing co-ed fitness club chain, as one of "10 Great Franchise Bets."  The listing, which was posted on CNNMoney.com, noted Anytime Fitness' rapid growth rate (nearly 1,600 clubs opened in less than 10 years) and the low loan failure rate amongst its franchisees.  Of 147 SBA-backed loans between 2005 and 2010, there were just four defaults, CNN reported.

"The success of any franchise is largely dependent upon the prosperity of its individual franchisees," said Dave Mortensen, President and Co-founder of Anytime Fitness.  "That's why we focus so much on providing our franchisees with the tools and the support they need to be successful."

"We work closely with our club owners to ensure that expense expectations and proper capitalization are in place well in advance of club openings," said Tim Smith, Director of Financing for Anytime Fitness.  "This, in combination with the superb coaching provided by our team of franchise consultants, gives our franchisees a strong advantage in becoming cash flow positive in a short amount of time."

Founded in 2002, Anytime Fitness clubs are now open 24 hours a day in 49 states and 10 countries, serving more than 1,000,000 members. Members who join one club have access to all 1,600 Anytime Fitness clubs at no extra charge.

The full text of the article listing Anytime Fitness as a "Great Franchise Bet" can be found at CNNMoney.com: http://money.cnn.com/galleries/2011/smallbusiness/1106/gallery.great_franchise_bets/6.html

TO LEARN MORE ABOUT ANYTIME FITNESS FRANCHISE OPPORTUNITIES:

Visit www.anytimefitness.com and click on "franchise opportunities."

ABOUT ANYTIME FITNESS

Founded in 2002, Anytime Fitness is now the fastest-growing fitness club franchise in the world with more than 1,600 clubs worldwide and one million members. Open 24 hours a day, 365 days a year, Anytime Fitness prides itself on providing its members with convenient and affordable fitness options in friendly, well-maintained facilities that feature top-quality exercise equipment. Clubs are open in 49 states, Canada, Mexico, Australia, New Zealand, the United Kingdom and Japan. For more information, visit www.anytimefitness.com.

SOURCE Anytime Fitness

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED