ANYTIME FITNESS FRANCHISE DISCLOSURE DOCUMENT

total of $19,999, rather than $17,999) at the earlier of 90 days after you sign the Franchise Agreement,
and the day you begin your initial training. In the case of a Veteran who is qualified for an Initial
Franchise Fee of $14,999, you may pay $7,999 when you sign the Franchise Agreement, and an
additional $8,000 (for a total of $15,999) at the earlier of 90 days after you sign the Franchise Agreement,
and the day you begin your initial training. We do not charge any interest on the portion that is deferred,
but, as indicated, the total Initial Franchise Fee is higher when you pay in installments (see Items 5 and 10
for additional information).
(4) The principal operator of your business must attend mandatory training in Hastings, Minnesota or
such other place we designate. In addition, if your principal operator is not also the person that will own a
controlling interest in your Anytime Fitness center, then the person holding the controlling interest must
also attend and complete this training to our satisfaction before you open your Anytime Fitness center.
While we do not charge you for this training, you do have to pay your travel and living expenses while
you attend the training. Your actual cost will vary, depending on the distance to be traveled, your method
of travel, and your personal circumstances.
(5) Our estimate for initial expenses for real estate and improvements assumes you will lease space for
your Anytime Fitness center. If you open an Anytime Fitness center, you should have at least 2,500
square feet, and we recommend that you not have more than 5,500 square feet for your center. An
Anytime Fitness Express center would generally have less than 2,500 square feet. All our estimates are
based on these assumptions. Rent for these locations will typically vary from $10.00 to $25.00 per square
foot per year. Our franchise model is based on minimizing overhead expenses, including real estate costs.
Costs will vary in relation to the physical size and location ofthe fitness center. A lower cost center is
one that would require fewer leasehold improvements and fewer equipment expenditures. The lower
estimates assumes the landlord will cover many ofthe leasehold improvement costs, as well as free rent.
You may also need to provide a security deposit and a personal guaranty of the lease. Moderate and
higher cost fitness centers may require extensive interior renovations and additional equipment. The
above figures do not include extensive renovations.
(6) Our estimate for equipment assumes you lease all the equipment. The estimate therefore covers only
the security deposit and other up-front costs. The total cost of equipment will vary depending on various
factors, including whether you purchase or lease the equipment, and what equipment you obtain. If you
choose not to lease your equipment or leasing is not available, your initial investment for fitness
equipment, tanning equipment, and operating systems (not including monitoring costs), will increase to:
Anvtime Fitness Anvtime Fitness EXDress
Exercise Equipment $70,000 to $120,000 $40,000 to $70,000
Tanning Equipment Approximately $8,000 Approximately $4,000
Operating System $11,000 to $24,000 $8,000 to $14,000
If you purchase this equipment, the amount of Additional Funds for the 3 months operating expenses
would also be adjusted to reflect that you will not make 3 monthly equipment lease payments, but your
total initial investment will be substantially higher than we have estimated. Some costs will vary in
relation to the physical size of the fitness center and whether you purchase from our recommended
sources or from others. Exercise equipment includes fitness equipment, security devices, access
equipment, televisions and/or stereo, durable floor pads, decorations and fixtures.
FDD 11