While the 2021-22 number would be up on the previous two years, it would still trail the $400 million recorded before the pandemic. IBISWorld reckons Anytime Australia would have reported about $380 million revenue in the year to June 30, including franchise revenue.
The market’s reasonably concentrated, with four players accounting for nearly 60 per cent of the industry’s revenue. It’s the No.2 player in Australia with 17.4 per cent market share, according to IBISWorld’s sector report as at March, placing it behind only Quadrant Private Equity’s Fitness and Lifestyle Group, which owns a bunch of brands including Fitness First, Goodlife Health Clubs and Jetts Fitness. The Australian business, under the Anytime Australia Pty Ltd corporate account, has about 570 locations mostly in NSW and Victoria, and is focused on budget 24-hour gym franchises. Fighting fitĪnytime Fitness is a big multinational budget gym franchise chain, which started in the United States at the turn of the century and entered Australia in 2008. It may be one of the more defensive plays in the sector given its membership prices. It’s also one that plays into the ageing population/increased focus on health trends thematic. Private equity types think of it as a potential COVID-19 re-opening type trade, with the ability to bulk up gym membership numbers after a tough few years for the industry. Should it come up for sale, it’s expected to attract interest given its big position in the Australian gyms and fitness centres market. Stanton Road’s role was said to be exploratory, at this stage at least, but enough to start stirring up a bit of smoke in the sector. Sources said it remained to be seen whether the soundings blossomed into a formal sale process. Street Talk understands boutique advisory Stanton Road’s bankers has been running Anytime Fitness past potential buyers, focusing on private equity shops with pockets deep enough to take on a business estimated to be recording about $400 million a year in revenue and with experience in owning franchisors. Find detailed information about Anytime Fitness franchise cost and fees. So, what better time to be softly sounding buyers for Australia’s second-biggest gym business, Anytime Fitness, which is majority owned by a big offshore parent and considering strategic options of its own.Īnytime Fitness has about 570 gyms on its books in Australia. The Anytime Fitness franchise is a boutique fitness center with 24-hour accessibility.
We’re searching for local entrepreneurs who share our passion for building relationships and helping others so that we can achieve that vision in communities across the state.There’s a bit of warmth in the air, and private equiteers’ thoughts are turning towards getting rigs in shape for summer. With proof of concept in the region and a neighborhood-focused culture that resonates perfectly with the supportive atmosphere of our gyms, we’re poised for explosive growth in the state.”Ĭhuck Runyon, co-founder and CEO of Anytime Fitness added, “We’re not looking to simply grow a franchise brand – we’re looking to grow and help individuals reach their specific goals and achieve a healthy, happy lifestyle. Tom Gilles, Vice President of Franchise Development said, “We’re looking to grow where we can make a difference in people’s lives, and there is immense potential throughout New York to do just that.
Also targeted for development are Albany, Buffalo, Rochester, Syracuse and Yonkers. The Empire Stare is already home to 20 Anytime Fitness gyms.
The next 12 months will see locations opening in Rochester and Newburgh and another 8 locations are in development. Leading fitness concept Anytime Fitness will spearhead a new franchise drive with a thrust into upstate New York.
0 kommentar(er)
