ANYTIME FITNESS FRANCHISE DISCLOSURE DOCUMENT

ANYTIME FITNESS, INC.
NOTES TO FINANCIAL STATEMENTS
December 31, 2008
Note 8 LONG-TERM DEBT
Long-term debt consists of the following:
2008
Promissory note payable in 60 monthly installments of
$4,868 including interest at 6.29%, maturing in March
2013, payable to Anchor Bank. Secured by assets of
the Company. $217,001
Promissory note payable in 60 monthly installments of
$3,142 including interest at 6.62%, maturing in November
2013, payable to Anchor Bank. Secured by assets of
the Company. 155,249
Note payable to bank - this note is not fulJy funded at
December 31,2008. There is a maximum funding of up to
$160,000, of which $143,407 is funded at December 31, 2008.
The note is due November 2013, payable in 60 monthly
instalJments, the amount is to be determined once fully
funded; including interest at 6.62%. Secured by assets
of the Company. 143,407
Note payable to bank - this note is not fully funded at
December 31, 2008. There is a maximum funding of up to
$140,000, of which $35,390 is funded at December 31, 2008.
The note is due March 2014, payable in 60 monthly
installments, the amount is to be determined once fully
funded; including interest at 7.34%. Secured by assets
of the Company. 35,390
Promissory note payable in 48 monthly installments of
$3,491 including interest at 7.10%, maturing in November
201 I, payable to Anchor Bank. Secured by assets of
the Company. 109,924
Promissory note payable in 60 monthly installments of
$2,471 including interest 7.95%, maturing in August
2012, payable to Anchor Bank. Secured by assets of
the Company. 92,152
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