How Much Does It Cost To Own A 24 Hour Fitness?

How much does a 24 hour fitness franchise cost?

And, they are both growing at a rapid pace.

Investing in one of these types of fitness franchises will cost you between $175k-$200k total and you’ll want to be a multi-unit owner.

As an owner, you are not really expected to physically run the clubs..

How much money does a gym owner make?

So let’s take an average of the two Williams to see what sort of salary is achievable for an owner of one gym – $143,000. When you factor in that these are both relatively new gyms with growing membership rates, you should be expecting to earn more as your business grows, providing you keep costs in check.

How much is a 24 Hour Fitness membership through Costco?

Costco members can buy a two-year, all-club, 24 Hour Fitness membership package for $399.99, according to Reader’s Digest. The same membership purchased directly through the gym chain would cost over $800 if paid over a two-year period. 24 Hour Fitness has more than 400 locations in 13 states.

How much does an Anytime Fitness owner make?

The typical Anytime Fitness Owner Operator salary is $41,138.

What is the cheapest franchise to start?

12 Best Low-Cost Franchises for Aspiring Business OwnersStratus Building Solutions. … SuperGlass Windshield Repair. … Mosquito Squad. … Pillar to Post Home Inspectors. … Property Management Inc. … Soccer Shots. Franchise Fee: $34,500. … Dream Vacations. Franchise Fee: $495 to $9,800. … Lil’ Kickers. Franchise Fee: $15,000.More items…•

Does Shaq own 24 Hour Fitness?

Shaq created The O’Neal Group in 2006 with his first venture being the residential high rise The Met Miami. He owns forty, 24 Hour Fitness locations and has put his personal touch into each gym to make them unique.