Anytime Health Franchise Prices, Charges, Revenues, Income (2023 Evaluate)

On this unique Franchise Chatter FDD Speak submit, you’ll study the next:

Part I – Estimated preliminary funding (franchise prices) for an Anytime Health franchise, primarily based on Merchandise 7 of the corporate’s 2023 FDD

Part II – Preliminary franchise payment, royalty payment, and advertising payment for an Anytime Health franchise, primarily based on Gadgets 5 and 6 of the corporate’s 2023 FDD

Part III – Variety of franchised and company-owned Anytime Health shops at the beginning of the 12 months and the tip of the 12 months for 2020, 2021, and 2022, primarily based on Merchandise 20 of the corporate’s 2023 FDD

Part IV – Information updates on the Anytime Health franchise alternative

Part V – Presentation and evaluation of Anytime Health’ monetary efficiency representations (common revenues and/or income), primarily based on Merchandise 19 of the corporate’s 2023 FDD, together with data on the:

• 2022 fiscal 12 months common month-to-month membership rely, membership income, private coaching income, pay-per-visit income, whole income; highest whole income; and lowest whole income for the fourth, third, second, and first quartile, and all 1,301 Anytime Health facilities that had been open and working on or earlier than September 1, 2021, began Coaching Suite, now referred to as Teaching Suite, on or earlier than this date, operated for the 12-month interval ended February 28, 2023, and reported coaching revenues to Anytime Health throughout this 12-month interval

• 2022 fiscal 12 months common month-to-month membership rely, membership income, private coaching income, pay-per-visit income, whole income; highest whole income; and lowest whole income for the fourth, third, second, and first quartile, and all 120 Anytime Health facilities that had been open and working on or earlier than September 1, 2021, operated for the 12-month interval ended February 28, 2023, and used Sensible Teaching for this 12-month interval

• 2022 fiscal 12 months common income, value of products bought, gross margin, working bills, and earnings earlier than curiosity, taxes, depreciation, and amortization for the 12 company-owned Anytime Health facilities that had been open and working as company-owned facilities for the 12 months ended February 28, 2023 and which had been utilizing Sensible Teaching throughout this time interval

• 2022 fiscal 12 months common month-to-month membership rely, membership income, private coaching income, pay-per-visit income, whole income; highest whole income; and lowest whole income for the fourth, third, second, and first quartile, and all 57 Anytime Health Specific Market facilities that had been open and working on or earlier than September 1, 2021, began Coaching Suite, now referred to as Teaching Suite, on or earlier than this date, operated for the 12-month interval ended February 28, 2023, and reported coaching revenues to Anytime Health through the 12-month interval

Part VI – Key ratios, comparables, computations, and analyses for the Anytime Health franchise alternative (unique content material for Platinum subscribers)

Part I – Anytime Health Franchise Prices

• Preliminary Franchise/Growth Price:  $42,500
• Journey and Coaching Bills:  $1,500 to $1,875
• Leasehold Enhancements:  $113,680 to $505,267
• 3 Months’ Lease + Safety Deposit:  $29,507 to $47,948
• Development Administration Charges:  $0 to $13,500
• Architect/Design Charges:  $12,200 to $19,850
• Health Tools:  $132,575 to $152,893
• Expertise Tools Package deal:  $32,118 to $36,424
• Provides:  $3,500 to $3,800
• Inside and Exterior Indicators:  $26,066 to $38,823
• Miscellaneous Opening Prices:  $9,333 to $15,894
• Pre-Sale/Grand Opening Promoting:  $11,000 to $23,000
• Insurance coverage/Bond:  $2,900 to $3,450
• Furnishings and Fixtures:  $11,562 to $17,262
• Further Funds – 3 Months:  $46,111 to $47,611
• Complete Estimated Anytime Health Franchise Prices:  $474,552 to $970,097

Part II – Anytime Health’ Preliminary Franchise Price, Royalty Price, and Advertising and marketing Price

• Preliminary Franchise/Growth Price:  $42,500
• Month-to-month Price:  at the moment, $699 per heart for 1-9 facilities; $649 per heart for 10+ facilities; $647 per thirty days for Anytime Health Specific Markets
• Basic Promoting Price:  at the moment, $600 per thirty days, starting once you open your heart; $300 per thirty days for an Anytime Health Specific Market

Part III – Variety of Franchised and Firm-Owned Anytime Health Retailers

Franchised

2020

• Retailers on the Begin of the Yr:  2,454
• Retailers on the Finish of the Yr:  2,361
• Internet Change:  -93

2021

• Retailers on the Begin of the Yr:  2,361
• Retailers on the Finish of the Yr:  2,334
• Internet Change:  -27

2022

• Retailers on the Begin of the Yr:  2,334
• Retailers on the Finish of the Yr:  2,318
• Internet Change:  -16

Firm-Owned

2020

• Retailers on the Begin of the Yr:  14
• Retailers on the Finish of the Yr:  13
• Internet Change:  -1

2021

• Retailers on the Begin of the Yr:  13
• Retailers on the Finish of the Yr:  13
• Internet Change:  0

2022

• Retailers on the Begin of the Yr:  13
• Retailers on the Finish of the Yr:  12
• Internet Change:  -1

Part IV – Information Updates on the Anytime Health Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Income) for the Anytime Health Franchise (Merchandise 19, 2023 FDD)

• This Merchandise 19 is split into three sections. The primary part pertains to monetary data for Anytime Health full-size facilities working with the Teaching Suite described beneath that each one new franchisees may have.

Half 1 – Historic Revenues for Franchised Anytime Health Facilities Working with Teaching Suite

• A number of years in the past, the franchisor’s predecessor, AFLLC, carried out a Coaching Suite (additionally known as Anytime Health Reside Programming and now known as the “Teaching Suite”) and beneficial that Anytime Health full-size facilities implement this program.

• In March 2019, the franchisor’s predecessor made the preliminary Coaching Suite program obligatory for brand spanking new and renewing Anytime Health full-service facilities. As well as, the franchisor’s predecessor started recommending that present franchisees use the Coaching Suite, and lots of of these present franchisees signed a coaching addendum to the Franchise Settlement, beneath which they started utilizing the Coaching Suite.

• As of March 1, 2023, Anytime Health had 1,301 facilities that had been open and working on or earlier than September 1, 2021, began Coaching Suite, now referred to as Teaching Suite, on or earlier than this date, operated for the 12-month interval ended February 28, 2023, and reported coaching revenues to Anytime Health throughout this 12-month interval.

• Anytime Health excluded 61 facilities that completely closed through the 12-month interval ended February 28, 2023. One among these facilities closed earlier than working for at the least 12 months.

• These facilities acquired month-to-month income from 3 major sources. One supply is month-to-month membership charges from ongoing members. One other supply is pay-per-visit charges, that are usually paid by employers or insurance coverage corporations who pay a nominal payment on behalf of their worker or insured for every go to. A 3rd supply is teaching/private coaching income.

• The next represents data on the typical month-to-month membership rely, and the typical and median common month-to-month membership income, pay-per-visit income, and training/private coaching income reported to Anytime Health by these 1,301 Anytime Health facilities for the 12-month interval ended February 28, 2023.

• This data has not been audited, and Anytime Health didn’t independently confirm the knowledge.

• (A fourth supply of revenues is one-time enrollment charges for brand spanking new members, however these charges aren’t charged by all facilities and the charges aren’t constant between facilities. A fifth supply is merchandising earnings, which some facilities would not have and is, in any occasion, minimal. Anytime Health doesn’t present data on these further income sources.)

Common of All (1,301 Facilities)

• Common Month-to-month Membership Rely:  720
• Quantity/Share at or Above Common Month-to-month Membership Rely:  523/40%
• Membership Income:  $322,273
• Private Coaching Income:  $81,150
• Pay-Per-Go to Income:  $21,232
• Complete Income:  $424,655
• Quantity/Share At or Above Common Complete Income:  501/39%
• Highest Complete Income:  $1,644,763
• Lowest Complete Income:  $75,543

Fourth Quartile Common (325 Facilities)

• Common Month-to-month Membership Rely:  1,062
• Quantity/Share at or Above Common Month-to-month Membership Rely:  142/44%
• Membership Income:  $513,194
• Private Coaching Income:  $165,139
• Pay-Per-Go to Income:  $29,663
• Complete Income:  $707,997
• Quantity/Share At or Above Common Complete Income:  124/38%
• Highest Complete Income:  $1,644,763
• Lowest Complete Income:  $517,340

Third Quartile Common (325 Facilities)

• Common Month-to-month Membership Rely:  745
• Quantity/Share at or Above Common Month-to-month Membership Rely:  154/47%
• Membership Income:  $331,510
• Private Coaching Income:  $83,472
• Pay-Per-Go to Income:  $22,574
• Complete Income:  $437,557
• Quantity/Share At or Above Common Complete Income:  152/47%
• Highest Complete Income:  $517,026
• Lowest Complete Income:  $376,786

Second Quartile Common (326 Facilities)

• Common Month-to-month Membership Rely:  615
• Quantity/Share at or Above Common Month-to-month Membership Rely:  157/48%
• Membership Income:  $262,202
• Private Coaching Income:  $51,070
• Pay-Per-Go to Income:  $18,064
• Complete Income:  $331,335
• Quantity/Share At or Above Common Complete Income:  165/51%
• Highest Complete Income:  $376,738
• Lowest Complete Income:  $282,219

First Quartile Common (325 Facilities)

• Common Month-to-month Membership Rely:  460
• Quantity/Share at or Above Common Month-to-month Membership Rely:  150/46%
• Membership Income:  $182,368
• Private Coaching Income:  $25,013
• Pay-Per-Go to Income:  $14,636
• Complete Income:  $222,018
• Quantity/Share At or Above Common Complete Income:  175/54%
• Highest Complete Income:  $281,810
• Lowest Complete Income:  $75,543

• At any time when on this Merchandise 19 Anytime Health refers to “Month-to-month Membership Rely” that is the rely of distinct paid members who had entry to a middle through the relevant month. It consists of installment and paid-in-full memberships and pay-per-visit members that had a fitness center go to inside the month. Anytime Health has excluded frozen and purple/yellow (delinquent) members and trial and complimentary members.

Half 2 – Historic Revenues for Franchised Anytime Health Facilities Utilizing Sensible Teaching within the Operation of Their Facilities

• Anytime Health at the moment recommends that its Anytime Health full-size facilities use what it refers to as “Sensible Teaching” within the operation of the middle. Sensible Teaching is Anytime Health’ initiative for facilities to make use of numerous operational and gross sales instruments it supplies to them straight or through third-party suppliers.

• These instruments are made up of the VI Sensible Engagement, the Teaching Dashboard, Fab 5, Evolt, and KPSOFTWORKS, which is a gross sales and schooling group particularly centered on helping facilities to market and promote private coaching companies. Anytime Health makes use of Sensible Teaching at its company-owned facilities.

• As of March 1, 2023, Anytime Health had 120 facilities that had been open and working on or earlier than September 1, 2021, operated for the 12-month interval ended February 28, 2023, and used Sensible Teaching for this 12-month interval.

• Anytime Health excluded the facilities referenced above that completely closed through the 12-month interval ended February 28, 2023. One among these facilities closed earlier than working for at the least 12 months.

• The next represents data on the typical month-to-month membership rely, and the typical and median common month-to-month membership income, pay-per-visit income, and training/private coaching income reported to Anytime Health by these 120 Anytime Health facilities for the 12-month interval ended February 28, 2023.

• This data has not been audited, and Anytime Health didn’t independently confirm the knowledge. As reported above, a few of these 120 facilities additionally acquired revenues from one-time enrollment charges for brand spanking new members, and merchandising earnings, however these quantities weren’t included in these revenues.

Common of All (120 Facilities)

• Common Month-to-month Membership Rely:  782
• Quantity/Share at or Above Common Month-to-month Membership Rely:  50/42%
• Membership Income:  $357,824
• Private Coaching Income:  $119,053
• Pay-Per-Go to Income:  $25,800
• Complete Income:  $502,677
• Quantity/Share At or Above Common Complete Income:  47/39%
• Highest Complete Income:  $1,577,478
• Lowest Complete Income:  $176,104

Fourth Quartile Common (30 Facilities)

• Common Month-to-month Membership Rely:  1,187
• Quantity/Share at or Above Common Month-to-month Membership Rely:  14/47%
• Membership Income:  $567,919
• Private Coaching Income:  $211,235
• Pay-Per-Go to Income:  $42,202
• Complete Income:  $821,356
• Quantity/Share At or Above Common Complete Income:  10/33%
• Highest Complete Income:  $1,577,478
• Lowest Complete Income:  $601,326

Third Quartile Common (30 Facilities)

• Common Month-to-month Membership Rely:  760
• Quantity/Share at or Above Common Month-to-month Membership Rely:  15/50%
• Membership Income:  $354,009
• Private Coaching Income:  $125,706
• Pay-Per-Go to Income:  $24,854
• Complete Income:  $504,569
• Quantity/Share At or Above Common Complete Income:  16/53%
• Highest Complete Income:  $571,668
• Lowest Complete Income:  $444,320

Second Quartile Common (30 Facilities)

• Common Month-to-month Membership Rely:  674
• Quantity/Share at or Above Common Month-to-month Membership Rely:  14/47%
• Membership Income:  $294,237
• Private Coaching Income:  $84,876
• Pay-Per-Go to Income:  $22,457
• Complete Income:  $401,569
• Quantity/Share At or Above Common Complete Income:  15/50%
• Highest Complete Income:  $443,932
• Lowest Complete Income:  $356,055

First Quartile Common (30 Facilities)

• Common Month-to-month Membership Rely:  508
• Quantity/Share at or Above Common Month-to-month Membership Rely:  14/47%
• Membership Income:  $215,133
• Private Coaching Income:  $54,396
• Pay-Per-Go to Income:  $13,685
• Complete Income:  $283,214
• Quantity/Share At or Above Common Complete Income:  16/53%
• Highest Complete Income:  $355,735
• Lowest Complete Income:  $176,104

Half 3 – 2022 Statements of Income, Bills, and Earnings for Firm-Owned Anytime Health Facilities

• Anytime Health doesn’t obtain full working bills from its franchised facilities. Nevertheless, it does have that data from its company-owned facilities.

• Anytime Health has taken the revenues and bills of its 12 company-owned facilities that had been open and working as company-owned facilities for the 12 months ended February 28, 2023, and which had been utilizing Sensible Teaching throughout this time interval, adjusted the bills to mirror prices franchisees will incur as famous beneath, and proven the outcomes beneath.

• Anytime Health excluded one company-owned heart that closed throughout this time interval. This heart was open for greater than 12 months earlier than closing.

Common (12 Facilities)

• Common Month-to-month Membership Rely:  670

Income

• Membership Charges:  $275,741 (58.3%)
• Private Coaching/Teaching:  $180,344 (38.1%)
• Pay-Per-Go to:  $16,768 (3.5%)
• Complete Income:  $472,852 (100.0%)

Working Bills

• Lease and CAM:  $109,502 (23.2%)
• Private Coaching Bills:  $97,816 (20.7%)
• Royalties:  $8,388 (1.8%)
• Processing/Credit score Card Charges:  $15,440 (3.3%)
• Utilities:  $25,585 (5.4%)
• Insurance coverage:  $2,825 (0.6%)
• Proximity Playing cards:  $1,876 (0.4%)
• Basic Promoting Price:  $7,200 (1.5%)
• Native Advertising and marketing:  $10,200 (2.2%)
• Upkeep:  $16,805 (3.6%)
• Base Expertise Price:  $9,588 (2.0%)
• Convention Price:  $750 (0.2%)
• KPSOFTWORKS:  $3,948 (0.8%)
• Workplace Expense:  $2,663 (0.6%)
• Cleansing Expense:  $6,694 (1.4%)
• License Charges:  $150 (0.0%)
• Miscellaneous:  $1,414 (0.3%)
• Complete Working Bills:  $320,843 (67.9%)

Internet Working Earnings Earlier than Supervisor Wage, Curiosity, Taxes, Depreciation, and Amortization:  $152,010 (32.1%)

Supervisor(s) Base Wage:  $44,102 (9.3%)

Earnings Earlier than Curiosity, Taxes, Depreciation, and Amortization:  $107,908 (22.8%)

• Just like the knowledge on revenues for franchised Anytime Health facilities, the franchisor has not included one-time enrollment charges for brand spanking new members in its revenues, and it has not included any merchandising earnings.

• Supervisor’s Wage/Fee/Bonuses/Payroll Taxes/Worker Advantages – Anytime Health has additionally excluded revenues from bodily remedy companies since just one company-owned heart had these revenues, and most franchised facilities would not have these revenues.

• Month-to-month Franchise Price (Royalties) – These are the franchise royalties you could pay to Anytime Health beneath your Franchise Settlement. Anytime Health refers to those as “Month-to-month Charges” in its System. This payment is decreased for franchisees that personal 10 or extra facilities.

• Insurance coverage – Your precise expense will range relying in your market. The numbers proven within the chart mirror an quantity of $2,825 the franchisor was given by its third-party insurance coverage firm.

• Basic Promoting Price – That is the quantity you could contribute to the Anytime Health Basic Promoting and Advertising and marketing Fund beneath your Franchise Settlement.

• Native Advertising and marketing – These are the quantities Anytime Health’ company-owned facilities truly spent on native promoting through the 12-month interval ended February 28, 2023. Chances are you’ll be required to spend roughly relying upon your market tier.

• Base Expertise Price – This payment is decreased for franchisees that personal 4 or extra facilities. The payment Anytime Health has proven is the payment per heart for those who personal three or fewer facilities. You will need to pay this payment beneath your Franchise Settlement.

• Franchise Convention – Anytime Health holds its franchise convention each different 12 months. Anytime Health estimates the prices for attendance, together with journey, lodge, and the convention payment will probably be $1,500. The quantity proven above displays one-half of this whole since you’ll solely attend each different 12 months.

• License Charges – That is the quantity Anytime Health estimates a franchisee could be required to spend to keep up its well being membership license.

• Different – Different bills embody financial institution charges, courier charges, workplace gear expense, and postage.

• Supervisor Base Wage – When you handle the middle, these quantities could be further revenue or allotted in your wage. As well as, Anytime Health supplied 401K advantages to all the staff of the company-owned facilities, because it does for all its company staff. These figures aren’t included within the chart above as a result of most of Anytime Health’ franchisees don’t present 401K plans to their staff.

Half 3 – Historic Revenues for Franchised Anytime Health Specific Market Facilities Working with Teaching Suite

• As of March 1, 2023, Anytime Health had 57 franchised Anytime Health Specific Market facilities that had been open and working on or earlier than September 1, 2021, began Coaching Suite, now referred to as Teaching Suite, on or earlier than this date, operated for the 12-month interval ended February 28, 2023, and reported coaching revenues to Anytime Health through the 12-month interval above.

• Anytime Health excluded 2 facilities that completely closed through the 12-month interval ended February 28, 2023. These facilities had been open for greater than 12 months earlier than closing.

• The 57 facilities included within the knowledge set acquired month-to-month income from the identical sources because the Anytime Health full-size facilities.

• The next represents data on the typical month-to-month membership rely, common and median month-to-month membership income, and pay-per-visit and private coaching income reported by these 57 Anytime Health Specific Market facilities for the 12-month interval ended February 28, 2023.

• This data has not been audited, and Anytime Health didn’t independently confirm the knowledge.

Common of All (57 Facilities)

• Common Month-to-month Membership Rely:  614
• Quantity/Share at or Above Common Month-to-month Membership Rely:  24/42%
• Membership Income:  $269,042
• Private Coaching Income:  $64,733
• Pay-Per-Go to Income:  $11,614
• Complete Income:  $345,389
• Quantity/Share At or Above Common Complete Income:  22/39%
• Highest Complete Income:  $777,770
• Lowest Complete Income:  $109,265

Fourth Quartile Common (14 Facilities)

• Common Month-to-month Membership Rely:  865
• Quantity/Share at or Above Common Month-to-month Membership Rely:  7/50%
• Membership Income:  $417,187
• Private Coaching Income:  $151,233
• Pay-Per-Go to Income:  $19,887
• Complete Income:  $588,306
• Quantity/Share At or Above Common Complete Income:  7/50%
• Highest Complete Income:  $777,770
• Lowest Complete Income:  $410,323

Third Quartile Common (14 Facilities)

• Common Month-to-month Membership Rely:  652
• Quantity/Share at or Above Common Month-to-month Membership Rely:  6/43%
• Membership Income:  $298,461
• Private Coaching Income:  $44,754
• Pay-Per-Go to Income:  $13,553
• Complete Income:  $356,768
• Quantity/Share At or Above Common Complete Income:  5/36%
• Highest Complete Income:  $407,289
• Lowest Complete Income:  $313,945

Second Quartile Common (15 Facilities)

• Common Month-to-month Membership Rely:  540
• Quantity/Share at or Above Common Month-to-month Membership Rely:  7/47%
• Membership Income:  $219,297
• Private Coaching Income:  $41,921
• Pay-Per-Go to Income:  $8,832
• Complete Income:  $270,050
• Quantity/Share At or Above Common Complete Income:  7/47%
• Highest Complete Income:  $305,690
• Lowest Complete Income:  $221,400

First Quartile Common (14 Facilities)

• Common Month-to-month Membership Rely:  406
• Quantity/Share at or Above Common Month-to-month Membership Rely:  5/36%
• Membership Income:  $144,776
• Private Coaching Income:  $22,653
• Pay-Per-Go to Income:  $4,382
• Complete Income:  $171,811
• Quantity/Share At or Above Common Complete Income:  7/50%
• Highest Complete Income:  $220,227
• Lowest Complete Income:  $109,265

• The entire Anytime Health and Anytime Health Specific Market facilities utilized in compiling the numbers on this Merchandise 19 provide considerably the identical services and products as you’re anticipated to supply.

Part VI – Anytime Health Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️