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ANYTIME FITNESS FRANCHISE DISCLOSURE DOCUMENT

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<strong>ANYTIME</strong> <strong>FITNESS</strong>, INC.<br />

BALANCE SHEET<br />

December 31, 2008<br />

SEE INDEPENDENT AUDITOR'S REPORT<br />

Liabilities and Stockholder's Equity<br />

Current liabilities:<br />

Current maturities of long-term debt<br />

Current maturities of capitalized lease obligations<br />

Accounts payable<br />

Deferred revenue<br />

Advertising obligation<br />

Accrued payroll<br />

Accrued expenses<br />

Total current liabilities<br />

Long-term liabilities:<br />

Long-term debt, net of current maturities<br />

Capitalized lease obligations, net of current maturities<br />

Total long-term liabilities<br />

Total liabilities<br />

Stockholder's equity:<br />

Voting common stock, $.01 par value: authorized 800<br />

shares, issued and outstanding 610<br />

Non voting common stock, $.01 par value: authorized<br />

200 shares, issued and outstanding -0-<br />

Additional paid-in capital<br />

Retained earnings<br />

Total stockholder's equity<br />

Total liabilities and stockhQlder's equity<br />

The accompanying notes are an integral part of these financial statements.<br />

5<br />

Statement 1<br />

Page 2012<br />

2008<br />

$217,149<br />

102,912<br />

267,172<br />

78,555<br />

372,246<br />

138,938<br />

118,658<br />

1,295,630<br />

712,531<br />

91,838<br />

804,369<br />

2,099,999<br />

6<br />

288,880<br />

570,166<br />

859,052<br />

$2,959,051

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