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FranchiseVerdict

Anytime Fitness vs Panera Bread

Franchise Comparison 2026

Anytime Fitness is a health & fitness franchise, while Panera Bread operates in quick-service restaurants. Anytime Fitness requires an investment of $539K – $905K while Panera Bread requires $1.3M – $4.7M. In terms of revenue, Panera Bread reports higher average unit revenue at $2.6M. Note: Reported as net sales, not gross sales. Anytime Fitness has SBA lending data on file with a 11.7% charge-off rate. FranchiseVerdict rates Anytime Fitness A (Strongest tier) and Panera Bread A (Strongest tier).

Investment Range
$539K – $905K
$1.3M – $4.7M
Franchise Fee
$43K
$35K
Royalty Rate
Flat $842/month per center (not currently percentage-based); franchisor may convert to up to 8% of Gross Revenue with 30 days' notice
5.0%
Average Revenue (Item 19)
$447K
$2.6M
SBA Charge-Off Rate
11.7% (1108 loans)
Limited data
Total Units
2,282
2,206
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2002
1993
FDD Year
2026
2025