FDD teardown · Fitness clubs
Anytime Fitness: what the 2026 FDD discloses
Franchisor of record: Anytime Fitness, LLC · analyzed
The fee stack
Initial franchise fee (Item 5)
p. 15$42,500 (standard); ranges from $22,500 to $42,500 depending on category
Initial investment (Item 7)
p. 26$539,329 – $905,482
Royalty (Item 6)
p. 18Currently $842 per month per center (subject to annual CPI increase); may be replaced with up to 8% of Gross Revenue
Ad fund (Item 6)
p. 18Currently $900 per month per center; may increase to greater of $900 or 3% of Gross Revenue
Plus 6 other notable ongoing fees disclosed in Item 6 — including af coaching fees (for pre-march 2019 franchises) ($149 per center (1-3 centers); $109 per center (4-9 centers); $109 for first 9, $0 thereafter (10+ centers); may increase to $300 per center, p. 19). The full stack is in the paid report.
Earnings claims (Item 19)
Anytime Fitness makes a financial performance representation starting on p. 61, stating 7 figures — each tied to the reporting base below.
Average Total Revenue (All 1,683 Centers using AF Coaching): $446,814 (p. 62)
Base (verbatim): 1,683 franchised centers open and operating for entire 12 month period ended February 28, 2026, using AF Coaching and reporting AF Coaching training revenues
Median Total Revenue (All 1,683 Centers using AF Coaching): $398,982 (p. 62)
Base (verbatim): 1,683 franchised centers open and operating for entire 12 month period ended February 28, 2026, using AF Coaching and reporting AF Coaching training revenues
Average Total Revenue (215 Centers using Coaching Dashboard): $561,291 (p. 63)
Base (verbatim): 215 franchised centers that used the Coaching Dashboard for at least 9 months during the Relevant Time Period
The franchisor’s own caveats, verbatim:
- “Some outlets have sold these amounts. Your individual results may differ. There is no assurance that you'll sell as much.”
- “Some outlets have sold or earned these amounts. Your individual results may differ. There is no assurance that you'll sell or earn as much.”
- “We do not receive complete operating expenses from our franchised centers. However, we do have that information from our company-owned centers.”
- “We have taken the revenues and expenses of all of these company-owned centers that were open and operating as company-owned centers for the 12 month period ended February 28, 2026 and which were using the Coaching Dashboard during this time period, adjusted the expenses to reflect estimated costs we believe a franchisee would incur as noted below, and shown the results below.”
Franchised outlets & turnover (Item 20, p. 70)
| Year | Start | End | Exits | Turnover* |
|---|---|---|---|---|
| 2023 | 2,318 | 2,298 | 67 | 2.89% |
| 2024 | 2,298 | 2,290 | 54 | 2.35% |
| 2025 | 2,290 | 2,271 | 72 | 3.14% |
*Computed by FDDLens from the disclosed table: (terminations + non-renewals + reacquired + ceased-other) ÷ outlets at start of year. Not a figure the franchisor states.
Anytime Fitness’s 2025 franchised-outlet turnover: 3.14%. Median across the 4 FDDs in our corpus: 3.92%. Both computed the same way from each filing’s Item 20 table.
Litigation (Item 3)
5 disclosed matters (p. 14). The FDD’s own characterization: “Other than these actions, no litigation is required to be disclosed in this Item.”
How this teardown was produced
Analysis of Anytime Fitness's 2026 FDD as filed with the Minnesota Department of Commerce (CARDS); analyzed August 3, 2026. Our analysis of the franchisor's own disclosures, not the company's claim. Not legal or investment advice — bring it to a franchise attorney.
Every figure was extracted from the filed document and carries the PDF page it came from. Statistics — turnover rates, exit totals — are computed by us from the disclosed Item 20 table cells, never taken from anyone’s summary. FDDs are public records once filed with a state registry.