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ANYTIME FITNESS FRANCHISE DISCLOSURE DOCUMENT

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the last month ofthe term of the Franchise Agreement, regardless of the actual termination date of the<br />

Franchise Agreement.<br />

(5) This fee is the same whether you open an Anytime Fitness center, or an Anytime Fitness Express<br />

center, unless you open an Anytime Fitness Express center in the same territory given to you for an<br />

Anytime Fitness center you are already operating, in which case we will reduce the monthly fee for your<br />

Anytime Fitness Express center to $359 per month, subject to adjustment as discussed in the Remarks<br />

section above.<br />

(6) While the services Provision provides includes security monitoring, the fee is paid for Provision's<br />

ongoing support of its proprietary software, development updates and release updates, and you are paying<br />

nothing extra for security monitoring on an operating system Provision installed. Therefore, if you have<br />

someone else do your security monitoring, this fee will not change. In addition, if you need service on an<br />

operating system that Provision did not install, Provision will provide that support but will charge you its<br />

then-current hourly support fee. The current hourly rate is $85.<br />

(7) If you transfer the franchise before you open the center, the fee will be equal to the initial franchise<br />

fee for that center, up to $9,999. If you transfer the franchise after you open, the transfer fee is $4,900<br />

(which we will discount to $2,500 if you sell to an existing Anytime Fitness franchisee).<br />

For additional information as to your initial investment, see Item 7.<br />

ITEM 7.<br />

ESTIMATED INITIAL INVESTMENT<br />

YOUR ESTIMATED INITIAL INVESTMENT<br />

AMOUNT<br />

TYPE OF <strong>ANYTIME</strong> METHOD TO WHOM<br />

EXPENDITURE <strong>ANYTIME</strong> <strong>FITNESS</strong> OF WHEN PAYMENT IS TO<br />

(Note 1) <strong>FITNESS</strong> EXPRESS PAYMENT DUE BE MADE<br />

Initial Franchise! $10,999 to $6,999 to (Note 3) (Note 3) Us<br />

Development Fee $19,999 $10,999<br />

(Notes 2 and (Notes 2 and 3)<br />

3)<br />

Travel and Living $500 to $2,300 $500 to $2,300 As Incurred Before and Vendors (e.g., travel,<br />

Expenses While During hotel, restaurants)<br />

Training (Note 4) Training<br />

Real Estate and $10,000 to $5,000 to As Incurred As Incurred Third Parties<br />

Improvements $134,000 $89,000<br />

(Note 5) (Note 5)<br />

Fitness Equipment $1,500 to $1,500 to Lump Sum Before Us or Vendors<br />

$37,500 $22,500 Issuing Order<br />

(Note 6) (Note 6) for the<br />

EQuipment<br />

Tanning Equipment $0 to $1,800 $0 to $900 Lump Sum Before Vendors<br />

(Note 6) (Note 6) Issuing Order<br />

for the<br />

Equipment<br />

FDD 9

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