Anytime Fitness Is Fastest-Growing Minnesota Company
Anytime Fitness, Inc. is pleased to announce that the company ranks #1 on the Minneapolis/St. Paul Business Journal’s “Fast 50″ list of the fastest-growing private companies in Minnesota for 2008. With more than 860 clubs now open in 45 states, Canada and Australia, Anytime Fitness’ 348% growth rate over the past two years surpassed all other Minnesota companies. The growth rate is based on an annual revenue increase from $2,900,000 in 2005 to more than $13,000,000 in 2007.
“It’s taken off like wildfire,” Anytime Fitness CEO Jeff Klinger told the Business Journal. “In two to three years we’ll have in excess of 2,500 clubs open domestically and we’ll have at least 750 clubs open internationally. With international growth, the sky is the limit.”
Founded in 2002 by Klinger and his business partner, Chuck Runyon, Anytime Fitness opened its first franchised club in Cambridge, MN that same year. The largest co-ed fitness club chain in the world, Anytime Fitness now has more than 100 clubs open in Minnesota and another 57 clubs open in Wisconsin.
“We expect to surpass $20,000,000 in sales for 2008 and open our 1,000th club by the end of January, 2009,” Klinger predicted.
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