Workout Anytime franchise is a health and fitness company founded in 1999 by John Quattrocchi and Steve Strickland. Key figures Franchise feeĮxcellent 4.8/5 based on 75 reviews What is Workout Anytime? Also we’ll explain why we don’t think this is the best investment among all fitness franchises. In this article we’re diving into the Franchise Disclosure Document of Workout Anytime to find out the answers to these questions. How much does a Workout Anytime franchise cost? How much profits can you realistically make with this business? Should you invest in a Workout Anytime franchise? Unfortunately, despite having high profit margins (34% EBITDA margin as per our estimates), Workout Anytime is unfortunately not the best franchise investment: it has a whopping 10 years payback on average. In addition to the brand, the franchisor’s support and other factors, it’s important in your decision to take into account the financials. They know the owner.If you’re considering getting into the fitness franchise industry, you might consider to invest in Workout Anytime. I know most of the people at Powell and they know me. "When you get into a big-box gym, no matter whether you have every amenity in the world, there is a feeling of anxiety that people have going into a really big location. "The thing I think we have in addition is there is a level of intimacy with a club about this size," he said. This was during the recession, and Heifner said the $15-per-month membership cost helped him and other franchise owners continue attracting customers. "We were the first franchise owners in this area," he said. John Heifner said he and his wife, both of whom were nurses before their involvement with Workout Anytime, started their franchise in 2010. "We don't want to tip off any competitors," he said. The company is looking to expand its franchise presence in Knoxville and has identified some potential areas it doesn't want to discuss, he said. Parker said that Knoxville has been a good market for Workout Anytime, which has locations in In Farragut, Bearden, Powell, Halls, Maryville, and Sevierville. The facility also has two tanning stations, and offers Hydromassage, in which jets of heated water deliver a full-body massage. John Heifner said all three are certified by the National Academy of Sports Medicine. He and John and Gina Heifner do the training sessions. "We have group classes and one-on-one training available for all fitness levels," said Nathan Bayless, a trainer at the facility. The Halls location uses Matrix brand exercise equipment and has equipment for cardio and core muscle work, circuit training and free weights. "I have about 3,000 members at that club (Powell) and I imagine we have the potential of having at least that many members here," he said. John Heifner said he hopes to achieve similar success with the Halls location. "It is probably in the top three," he said. Emory Road, which Greg Parker, Workout Anytime franchise developer for Kentucky and Tennessee, said is one of the best performing of the company's 108 locations. It has about 1,000 square feet more space than the couple's Powell facility at 3547 W. "We have about double the usable space here," he said. Heifner said the Halls gym is a relocation and expansion of a facility that the franchise was operated on Broadway As the name of the company implies, Workout Anytime members have access to the facility any time they wish. These are not the only hours of operation, though. It will be staffed each day starting at 9 a.m., with the staff there until 8 p.m. today and will be available seven days a week. Halls fitness buffs have a new place to work out today, as franchise owners open their newest Workout Anytime facility in the former Walmart shopping center off Maynardville HighwayĪt 7,000 square feet of space and more than 100 pieces of equipment, John Heifner, said the facility at 7320 Norris Freeway, is the largest of the three that he and wife Gina Heifner now have in the Knoxville area.
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