Anytime Fitness did not fall far from its perch atop the Entrepreneur magazine Franchise 500 list.
One year after it was ranked No. 1, Anytime Fitness dropped one spot to No. 2 on this year's list.
The Hastings, MN-based company is looking up only at Hampton Hotels on the Franchise 500, which had been No. 1 on the list for three consecutive years before slipping to No. 2 behind Anytime Fitness last year. Rounding out the top 10 this year are Subway, Jack in the Box, Supercuts, Jimmy John's, Servpro, Denny's, Pizza Hut and 7-Eleven.
"Anytime Fitness is pleased and honored to be ranked No. 2 overall on Entrepreneur's prestigious Franchise 500 list for 2015," Anytime Fitness spokesperson Mark Daly told Club Industry. "The No. 2 ranking places Anytime Fitness ahead of well-known and well-respected international franchising powerhouses like Subway, McDonald's and 7-Eleven."
For the 2015 Franchise 500 list, Anytime Fitness reported 1,849 U.S. clubs, 85 Canadian clubs, 529 international clubs and 36 company-owned clubs in 2014.
Anytime Fitness now has 2.3 million members worldwide, including more than 500,000 outside the United States and Canada, according to Daly. The company recently reached an area development agreement for 50 clubs in Bahrain and the United Arab Emirates. The first clubs are expected to open in late 2015. Future rights are included to develop clubs in Saudi Arabia, Kuwait and Oman.
Only franchise companies that sent full Franchise Disclosure Documents (FDDs) or Canadian Disclosure Documents and whose information was verified by Entrepreneur could receive a listing in the magazine. To be eligible for the list, a franchise company must have a minimum of 10 units with at least one based in the United States, must be seeking new franchisees in the United States and cannot be in Chapter 11 at the time the ranking is compiled.
All companies that submit full FDDs or Canadian Disclosure Documents and whose information was verified by Entrepreneur are judged by objective measures of a franchise operation, regardless of size, according to the magazine. Financial strength and stability, growth rate and size of the system are the most important factors that Entrepreneur takes into consideration. Other criteria include start-up costs, litigation, percentage of terminations and whether the company provides financing.
A total of 26 fitness franchise companies are on the 2015 Franchise 500 list. In addition to No. 2 Anytime Fitness, the others are: Jazzercize, Carlsbad, CA (No. 44); Snap Fitness, Chanhassen, MN (No. 47); Planet Fitness, Newington, NH (No. 67); My Gym Children's Fitness Center, Sherman Oaks, CA (No. 184); Gold's Gym, Dallas (No. 199); Pure Barre, Spartanburg, SC (No. 211); Title Boxing Club, Overland Park, KS (No. 230); Athletic Revolution, Elizabethtown, KY (No. 273); Retro Fitness, Colts Neck, NJ (No. 274); 9Round, Greenville, SC (No. 288); Get in Shape for Women, Needham, MA (No. 289); UFC Gym, Santa Ana, CA (No. 295); Fitness Revolution, Elizabethtown, KY (No. 308); JumpBunch Inc., Annapolis, MD (No. 324); The Little Gym, Scottsdale, AZ (No. 366); Pro Martial Arts Franchise Corp., King of Prussia, PA (No. 373); Great Play Children's Gyms (No. 401); Baby Boot Camp/Karna Fitness, Sarasota, FL (No. 427); Brickhouse Cardio Club, Charleston, WV (No. 437); Crunch Franchising, New York (No. 459); Orangetheory Fitness, Fort Lauderdale, FL (No. 462); Koko FitClub LLC, Rockland, MA (No. 465); CKO Kickboxing, Hoboken, NJ (No. 489); The Exercise Coach, Lake Zurich, IL (No. 492); and iLoveKickboxing.com, Levittown, NY (No. 496).