Financing an Anytime Fitness with an SBA loan
Since FY2020, 61 Anytime Fitness locations changed hands on an SBA 7(a) loan. Here is what those deals looked like, what the brand costs to open, which lenders wrote the loans, and where the brand stands with the SBA.
Anytime Fitness franchising: franchise.anytimefitness.com
What a Anytime Fitness deal looks like
Anytime Fitness is an established brand in the SBA loan file: 61 acquisitions cleared underwriting in the last five years. The median loan was $238,500 at 9.25 percent. Amortized over 10 years, that is about $3,054 a month, or $36,643 a year in debt service. SBA's 10 percent minimum equity injection on a deal that size is roughly $26,500 of buyer cash, some of which a seller note on standby can sometimes cover.
Illustrative only: the median loan is not a purchase price, and every deal differs. Model your own in the deal analyzer or the DSCR calculator.
7(a) or 504 for an Anytime Fitness?
Anytime Fitness is typically a leasehold business: the value is goodwill, equipment, and the brand, not real estate. That points to an SBA 7(a) loan, usually amortized over 10 years. The 504 program, which finances owner-occupied real estate, is rarely the fit here unless the deal happens to include a building. Model the payment in the 7(a) calculator and check coverage in the DSCR calculator.
What it costs to open an Anytime Fitness
These are Anytime Fitness's own franchise terms, set by the franchisor and separate from the SBA loan. They matter to a buyer because the franchise fee and the build-out are part of the project the loan has to cover, and lenders weigh the net-worth and liquidity minimums when they size a deal.
- Total initial investment
- $397,516 to $973,121
- Initial franchise fee
- $42,500
- Ongoing royalty
- Royalty is a flat monthly fee (~$799/month per center) rather than a percent of gross sales; a separate marketing/brand fee (~$600/month) also applies.
- Net worth required
- $380,000
- Liquid capital required
- $225,000
Fitness (24/7 gym), figures from the 2024 FDD. Sources: Franchise Chatter — Anytime Fitness FDD Talk 2024 (costs, fees, Item 7 range), Anytime Fitness official franchise site — What It Takes (net worth / liquid capital), 1851 Franchise — Anytime Fitness Franchise Deep Dive (Item 5 fee, Item 7 range). Franchise economics are drawn from each brand's public Franchise Disclosure Document (FDD Items 5 and 7) and reputable third-party franchise databases, compiled for independent editorial reference. The Closing Binder is not affiliated with, endorsed by, or sponsored by any franchisor listed. Franchise fee, investment, royalty, and net-worth figures are set by the franchisor and change with each FDD; confirm current terms in the brand's latest FDD before relying on them.
Lenders that actually write these
The banks below approved the most Anytime Fitness acquisitions in the file. A lender that has funded this brand before is the fastest path through underwriting.
- Live Oak Banking Company29 Anytime Fitness loans
- Platinum Bank3 Anytime Fitness loans
- Byline Bank2 Anytime Fitness loans
- Centier Bank2 Anytime Fitness loans
- First Internet Bank of Indiana2 Anytime Fitness loans
SBA conditions on this brand
Anytime Fitness is listed in the SBA Franchise Directory with no brand-specific lender conditions on file. A lender still runs the standard franchise review, but there is no special addendum or lease restriction attached to this brand.
Frequently asked questions
How much does it cost to buy an Anytime Fitness franchise?
Opening an Anytime Fitness takes a total initial investment of about $397,516 to $973,121, including a $42,500 initial franchise fee, per the brand's FDD. Buying an existing location is priced differently: the median SBA 7(a) acquisition loan for Anytime Fitness was $238,500 in the federal loan file.
Can you buy an Anytime Fitness with an SBA loan?
Yes. 61 Anytime Fitness locations were acquired with SBA 7(a) financing since FY2020, and the brand is listed in the SBA Franchise Directory. A lender runs the standard SBA franchise review as part of underwriting.
How much do you need for a down payment on an Anytime Fitness?
SBA requires a minimum 10 percent equity injection. On the median Anytime Fitness loan of $238,500, that is roughly $26,500 of buyer cash, though a seller note kept on full standby can cover part of it. The rest is financed over about 10 years, around $3,054 a month at the median rate.
Which lenders finance Anytime Fitness acquisitions?
Live Oak Banking Company, Platinum Bank and Byline Bank wrote the most Anytime Fitness acquisition loans in the federal file. A lender that has funded the brand before knows its franchise agreement and tends to move faster. See the full lender detail above.
Loan counts, median size, median rate, and lender ranking are computed from the SBA 7(a) FOIA file, change of ownership approvals, FY2025 to FY2026 Q3, as of June 30, 2026. Eligibility, the identifier code, and any conditions are from the SBA Franchise Directory, effective August 11, 2026. Franchise cost figures are from Anytime Fitness's public FDD and third-party franchise databases. We are not affiliated with, endorsed by, or sponsored by Anytime Fitness or its franchisor, and directory listing is not an endorsement of any individual deal. Methodology.