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№ 01Buying & Selling a Business · Franchise Resale · Ontario

Buying a Anytime Fitness franchise

Anytime Fitness clubs run largely unstaffed on a 24-hour, key-fob access model, which means a resale carries a handover most other franchise deals don't: the access-control system and member credentials, not just the lease and the equipment. The brand's own Canadian page already invites inquiries about buying an existing club rather than only opening a new one, so an active resale is a normal path into the system — but it still runs through the franchisor's consent, its right of first refusal, and the same disclosure questions as any franchise purchase.

№ 01.1The Resale, End to End

From offer to ownership

Anytime Fitness resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.

Getting approved

01

Conditional offer

Price and terms, with conditions built in for franchisor consent, an assignable lease, and a clear picture of active membership numbers and billing.

usually 1–2 weeks
02

Franchisor application & review

Head office reviews the incoming buyer's application and can exercise its right of first refusal instead of letting the sale proceed as negotiated.

several weeks, typically
03

Disclosure considerations

Courts read the resale-disclosure exemption narrowly, so a franchisor-facilitated Anytime Fitness resale may still require a full Arthur Wishart disclosure document before you're bound.

assessed early

Getting to closing

04

Lease assignment

The club's commercial lease needs the landlord's written consent to assign, timed alongside the franchisor's own review.

2–6 weeks
05

Access-system handover & training

The 24-hour key-fob access and security system is transferred into the buyer's name and monitoring account, alongside the incoming owner's brand-standard training.

before or shortly after closing
06

Closing

Funds, keys, fob credentials, and signed documents change hands, alongside confirmation that landlord and franchisor consent, and the access-system transfer, are all in hand.

1 day, once conditions are met
Timelines vary by franchisor approval speedWe track every deadline so nothing lapses.
№ 01.2About the System

About the Anytime Fitness system

Official Canada franchise page (anytimefitness.com/en-ca/own-a-gym) offers territories for sale nationwide; longstanding CFA-recognized fitness franchisor.

Ontario territories among those actively listed for sale nationwide.

Official Canada page offers an inquiry option to buy an existing club that is for sale, alongside new territories.

№ 01.3Deal Structure

Asset sale or share sale?

This is the first real decision in a Anytime Fitness resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.

QuestionAsset purchaseShare purchase
What you buyThe club's fitness equipment, leasehold improvements, its access-control and security system, and the benefit of the existing franchise agreement, subject to consent.The shares of the operating company — every club it holds under the Anytime Fitness banner, and everything it owes.
Seller's liabilitiesGenerally stay behind with the seller's existing corporation.Generally come with the company, including obligations tied to any other clubs it operates.
Franchisor consent & ROFRRequired for this specific club, and typically the pacing condition on the whole deal.Required for the change of control itself — the franchisor reviews who is actually taking over.
Membership base & billingActive membership agreements and recurring-billing accounts transfer with appropriate privacy handling under PIPEDA.Stays with the corporation, with the franchisor typically notified of the change in ownership.
Access-control & equipment financingConfirm what fitness equipment is owned, leased, or financed, with PPSA searches identifying any liens, plus transfer of the 24-hour access system itself.Assessed the same way at the corporate level, since the equipment and system stay with the company.
Typical use in an Anytime Fitness resaleThe default for a single club changing hands.More common where one operator holds several Anytime Fitness clubs under one company.
What you buy
Asset sale

The club's fitness equipment, leasehold improvements, its access-control and security system, and the benefit of the existing franchise agreement, subject to consent.

Seller's liabilities
Asset sale

Generally stay behind with the seller's existing corporation.

Franchisor consent & ROFR
Asset sale

Required for this specific club, and typically the pacing condition on the whole deal.

Membership base & billing
Asset sale

Active membership agreements and recurring-billing accounts transfer with appropriate privacy handling under PIPEDA.

Access-control & equipment financing
Asset sale

Confirm what fitness equipment is owned, leased, or financed, with PPSA searches identifying any liens, plus transfer of the 24-hour access system itself.

Typical use in an Anytime Fitness resale
Asset sale

The default for a single club changing hands.

We tell you which structure fits — before you sign anything.

№ 01.5Costs & Fees

You'll know the number before we start

No open-ended hourly surprises — the cost is confirmed in writing before any work begins.

Type of workFeeHow it's confirmed
Straightforward purchase or saleStarting from $3,388.87
Our charges · taxes included
Confirmed in writing once we see the agreement.
Larger or more complex dealQuoted to scopeShort call → fixed written quote before any work begins.
Searches, filings & third-party feesAt costItemized on your invoice, not marked up.
Franchisor transfer/application fees, landlord consent costs, and a broker's success fee if the deal was listed — all confirmed once we see your agreement.
Most deals start here

An owner-run business

A single Anytime Fitness club changing hands between one buyer and one seller — an established membership base, a standard lease, and a straightforward franchisor consent process.

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A bit more involved

A larger or more complex deal

An operator selling several Anytime Fitness clubs as one company, or a resale where the franchisor's right of first refusal, the access-system handover, or a disclosure question needs to be worked through before terms are final.

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Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.

№ 01.6Before You Ask

Common questions

The club runs unstaffed most hours on a key-fob system — is that actually part of the resale, not just the fitness equipment?

Yes. The 24-hour access-control and monitoring system is a real handover item, distinct from the treadmills and weights — it needs to be re-registered into the buyer's name, and member fob credentials need a plan for the transition, not just the lease and equipment lists most resales focus on.

Is it unusual to buy an existing Anytime Fitness rather than open a new territory?

No — the brand's own Canadian franchise page specifically invites inquiries from people wanting to buy an existing club that's already for sale, alongside new-territory development. An active resale market is a normal part of how this system grows.

What happens to active memberships and their billing when the club changes ownership?

On an asset sale, active membership agreements and the recurring-billing relationship are typically transferred to the buyer with appropriate handling of member data under PIPEDA. We confirm what continuity of membership terms members are entitled to before you take over.

Does buying an existing club mean I skip the franchise disclosure document?

Not necessarily. Ontario courts have read the resale-disclosure exemption narrowly, and franchisor involvement in matching buyer to seller can still trigger a full disclosure requirement. We confirm whether it applies to your specific deal early, rather than assuming it from the word 'resale.'

The club's cardio and strength equipment is financed separately from the real estate — how does that get resolved before closing?

Any equipment lien or financing arrangement typically needs to be paid out, assumed, or otherwise cleared as a condition of closing. We identify what's financed versus owned outright early in diligence so it doesn't surface as a last-minute surprise.

Related

Where we close franchise resale deals

Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by Anytime Fitness or its franchisor.

Ready to begin?

Tell us about your Anytime Fitness resale — we'll point you the right way and confirm the cost in writing before any work begins.

Prefer to talk first? Call 1-844-900-1070 — it’s free.
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