ANYTIME FITNESS FRANCHISE DISCLOSURE DOCUMENT

More documents

Recommendations

Info

FA 12/09 FRANCHISE AGREEMENT ANYTIME FITNESS, LLC 12181 Margo Avenue South Hastings, Minnesota 55033 (651) 438-5000 www.anytimefitness.com
ANYTIME FITNESS FRANCHISE AGREEMENT INDEX SECTION DESCRIPTION PAGE 1. GRANT OF FRANCHISE; FRANCHISED LOCATION .............................................................. 1 2. TERM; RENEWAL RIGHTS .......................................................................................................... 2 3. MARKS AND COPYRIGHTS ........................................................................................................ 3 4. INITIAL FRANCHISE FEE ............................................................................................................ 4 5. MONTHLY FEE .............................................................................................................................. 5 6. ADVERTISING AND PROMOTION ............................................................................................. 6 7. ANYTIME FITNESS CENTER PREMISES .................................................................................. 6 8. COMPANY OBLIGATIONS .......................................................................................................... 7 9. APPEARANCE AND OPERATION OF YOUR ANYTIME FITNESS CENTER ........................ 8 10. CONFIDENTIAL INFORMATION/IMPROVEMENTS ............................................................. 13 11. INSURANCE: INDEMNIFICATION ........................................................................................... 14 12. FINANCIAL STATEMENTS AND AUDIT RIGHTS ................................................................. 15 13. ASSIGNMENT OF FRANCHISE AGREEMENT ....................................................................... 15 14. OUR TERMINATION RIGHTS ................................................................................................... 17 15. YOUR TERMINATION RIGHTS: NOTICE REQUIRED ........................................................... 19 16. YOUR OBLIGATIONS UPON TERMINATION OR EXPIRATION ......................................... 19 17. YOUR COVENANTS NOT TO COMPETE ................................................................................ 21 18. ENFORCEMENT .......................................................................................................................... 22 19. RIGHT OF FIRST REFUSAL ....................................................................................................... 24 20. MISCELLANEOUS ....................................................................................................................... 25 21. NOTICES ....................................................................................................................................... 27 22. ACKNOWLEDGEMENTS ........................................................................................................... 27 RIDER ................................................................................................................... 28 1243287.2 FA 12/09
Page 1 and 2:
ANYTIME FITNESS FRANCHISE DISCLOSUR
Page 3 and 4:
ANYTIME FITNESS, LLC FRANCmSE DISCL
Page 5 and 6:
operations and licenses. Many state
Page 7 and 8:
1. Anytime Fitness, Inc. v. Reserve
Page 9 and 10:
If you are an existing franchisee t
Page 11 and 12:
Type of Fee (Note 1) Amount (Note 2
Page 13 and 14:
AMOUNT TYPE OF ANYTIME METHOD TO WH
Page 15 and 16:
(7) We require you have an automate
Page 17 and 18:
We may negotiate preferred vendor c
Page 19 and 20:
Section in Franchise Section in Dev
Page 21 and 22:
Under the personal guaranty, which
Page 23 and 24:
$150,000 per location. Gaia will ty
Page 25 and 26:
ITEM 11. FRANCmSOR'S ASSISTANCE, AD
Page 27 and 28:
Name Subjects Taught Background Deb
Page 29 and 30:
the initial training, will provide
Page 31 and 32:
services to the fund. We will not s
Page 33 and 34:
ITEM 13. TRADEMARKS The Franchise A
Page 35 and 36:
Provision b. Renewal or extension o
Page 37 and 38:
Section in Franchise or Provision O
Page 39 and 40:
Section in Franchise or Provision O
Page 41 and 42:
ACCOUNTANT HAS AUDITED THESE FIGURE
Page 43 and 44:
the third (800 members) column. Bec
Page 45 and 46:
State Year Number of Transfers 2006
Page 47 and 48:
Reacquired Ceased Outlets by the Op
Page 49 and 50:
Outlets Outlets at Reacquired Outle
Page 51 and 52:
Name l City and State Telephone Num
Page 53 and 54:
Name l City and State Telephone Num
Page 55 and 56:
FDD EXHIBIT A LIST OF STATE AGENCIE
Page 57 and 58:
Virginia State Corporation Commissi
Page 59 and 60:
FDD EXHIBITB TABLE OF CONTENTS OF O
Page 61 and 62:
150 -151 152 153 153 154 -160 161 -
Page 63 and 64:
FDD EXHIBITC LIST OF FRANCmSEES AS
Page 65 and 66:
Name Scott & Shelby Mitteer Shane M
Page 67 and 68:
Name Address Telephone GymDay Corp.
Page 69 and 70:
Name Address Telephone Full of Life
Page 71 and 72:
Name Address Telephone Colorado 534
Page 73 and 74:
Name Address Telephone Good Life Ve
Page 75:
Name Address Telephone H-I02 Inc. 1
Page 78 and 79:
Name Address Telephone Chris Naples
Page 80 and 81:
Name Address Telephone Bill Taylor
Page 82 and 83:
Name Address Telephone Make It Happ
Page 84 and 85:
Name Address Telephone Joe Koeppl 1
Page 86 and 87:
Name Address Telephone Temple Keepe
Page 88 and 89:
Name Address Telephone 7350 West St
Page 90 and 91:
Name Address Telephone 24 Fitness,
Page 92 and 93:
Name Address Telephone Dana Cates H
Page 94 and 95:
Name Address Telephone Metairie Fit
Page 96 and 97:
Name Address Telephone Ultimate Sec
Page 98 and 99:
Name Address Telephone NK Fitness,
Page 100 and 101:
Name Address Telephone FIF, Inc. 65
Page 102 and 103:
Name Address Telephone J Abernethy,
Page 104 and 105:
Name Address Telephone Kenneth & Kr
Page 107 and 108:
Name Miranda Hills Miranda Hills Mi
Page 109 and 110:
Name Address Telephone Kenny Stubbl
Page 111 and 112:
Name Address Telephone West-Am Fitn
Page 113 and 114:
Name Address Telephone 24 Fitness,
Page 115 and 116:
Name Address Telephone Clifford Pie
Page 117 and 118:
Name Address Telephone Rick Whittin
Page 119 and 120:
Name Address Telephone Effects Pers
Page 121 and 122:
Name Address Telepbone RL W Enterpr
Page 123 and 124:
Name Address Telephone Silent Owl,
Page 125 and 126:
Name Address Telephone 2101 Broadwa
Page 127 and 128:
Name Address Telephone Dennis Rudni
Page 129 and 130:
Name Address Telephone Fitness 180,
Page 131 and 132: Name Address Telephone 1604 N Calab
Page 133 and 134: Name Address Telephone Jerry Greger
Page 135 and 136: Name Address Telephone CM Fitness,
Page 137 and 138: Name Address Telephone Erik Recende
Page 139: Name Address Telephone Helen Wada 1
Page 142: Name Address Telephone Scott Schimm
Page 145 and 146: FDD EXHIBITD FINANCIAL STATEMENTS
Page 147 and 148: ANYTIME FITNESS, INC. FINANCIAL STA
Page 150: - This page intentionally left blan
Page 156 and 157: ANYTIME FITNESS, INC. STATEMENT OF
Page 158 and 159: ANYTIME FITNESS, INC. NOTES TO FINA
Page 166 and 167: ANYTllvIE FITNESS, INC. FINANCIAL S
Page 173: SUPPLEMENTAL DISCLOSURES OF CASH FL
Page 184 and 185: ANYTIME FITNESS FRANCHISE AGREEMENT
Page 186 and 187: fees and a modification to the Prot
Page 188 and 189: 5. MONTHLY FEE A. Monthly Fee. You
Page 190 and 191: 1. We will have ten (10) business d
Page 192 and 193: containing such Marks as we designa
Page 194 and 195: 1. You acknowledge that the mandato
Page 196 and 197: You will also allow us to visit you
Page 198 and 199: insurance program and waive any cla
Page 200 and 201: 7. prior to the date of the propose
Page 202 and 203: C. Applicable Law. If the provision
Page 204 and 205: 17. YOUR COVENANTS NOT TO COMPETE A
Page 206 and 207: arbitration proceeding brought agai
Page 208 and 209: provisions relating to assignment.
Page 210 and 211: L. Patriot Act. You represent and w
Page 212 and 213: 1. Effective Date: ________ _ FRANC
Page 214 and 215: PERSONAL GUARANTY AND AGREEMENT TO
Page 216 and 217: STATE SPECIFIC ADDENDUM TO FRANCHIS
Page 222 and 223: IN WITNESS WHEREOF, the undersigned
Page 226 and 227: STATE SPECIFIC ADDENDUM AS REQUIRED
Page 230 and 231: ADA 12/09 AREA DEVELOPMENT AGREEMEN
Page 232 and 233:
ANYTIME FITNESS® AREA DEVELOPMENT
Page 234 and 235:
provided, however, that you will no
Page 236 and 237:
1. Effective Date: _______ _ AREA D
Page 238 and 239:
PERSONAL GUARANTY AND AGREEMENT TO
Page 240 and 241:
STATE SPECIFIC ADDENDUM TO DEVELOPM
Page 242 and 243:
Page 244 and 245:
Page 246 and 247:
Page 248 and 249:
FDD EXHIBITG STATE SPECIFIC ADDENDA
Page 250 and 251:
5. The Franchise Agreement contains
Page 252 and 253:
TOGETHER WITH A COPY OF ALL PROPOSE
Page 254 and 255:
STATE SPECIFIC ADDENDUM AS REQUIRED
Page 256 and 257:
exercising a right of first refusal
Page 258 and 259:
Page 260 and 261:
6. The following is added in Item 1
Page 262 and 263:
Page 264 and 265:
Page 266 and 267:
Page 268 and 269:
Financing Consultant Agreement You,
Page 270:
FDD EXHffiITI-l US BANK FINANCE DOC
Page 279 and 280:
FDD AMERIFUND FINANCE DOCUMENTS
Page 286 and 287:
SCBEDULE"A" COLLATERAL For the Fina
Page 290:
FDD ExmBIT 1-3-2
Page 298 and 299:
REQUEST FOR DRIVER'S LICENSE Please
Page 300 and 301:
FDD EXHIBIT 1-3-3
Page 302 and 303:
(9) Lessee shall have no remedy for
Page 306:
Purchase Option Lease #: _____ _ Fo
Page 316:
FDD EXHIBIT 1-4 KLC FINANCIAL, INC.
Page 322 and 323:
GAIA Leasing LLC 50 South Sixth Str
Page 324 and 325:
11. Location, Ownership and Use The
Page 326 and 327:
(b) The failure of Lessee to perfor
Page 330:
EXHIBIT A EARLY TERMINATION SCHEDUL
Page 333 and 334:
FDD EXHIBIT 1-6 LIFE FITNESS FINANC
Page 339:
Re: "Obligor" Personal Guaranty To
Page 343 and 344:
EQUIPMENT LEASE AGREEMENT THIS AGRE
Page 345 and 346:
and Lessor. At Lessor's option, all
Page 347 and 348:
(b) Lessee shall fail to make any o
Page 349 and 350:
this Lease inures to the benefit of
Page 351 and 352:
IF LESSEE IS OTHER THAN AN INDIVIDU
Page 353 and 354:
EXHIBIT A AGREEMENT OF UNCONDITIONA
Page 355 and 356:
FDD EXHIBIT J PROVISION SECURITY SO
Page 357 and 358:
e. ProVision Materia/s. In connecti
Page 359 and 360:
Hosting Services Fee = $19.99 Monit
Page 361 and 362:
9. General a. Independent Contracto
Page 363 and 364:
ITEM 23. RECEIPT This Disclosure Do
Page 365 and 366:
ITEM 23. RECEIPT This Disclosure Do
show all

ANYTIME FITNESS FRANCHISE DISCLOSURE DOCUMENT

Create successful ePaper yourself

Delete template?

Save as template?