VR Business Brokers does the Heavy Lifting in Sale of Anytime Fitness Franchise UnitCharlotte, NC | January 2020
Just in time for the membership growth that typically coincides with the new year, a two-year-old unit of the Anytime Fitness franchise family was recently sold in Charlotte with the assistance of VR Business Brokers of Charlotte. Randy Mitchell served as broker in the transaction.
With over 3,500 locations, on seven continents, Anytime Fitness has been named the Fastest Growing Fitness Club in the World. The gym is a pioneer in the concept of minimal staffing requirements in a gym that is open 24/7.
Former owner Mike Fields had initially sought assistance from the parent franchisor in selling his unit. While they are a great franchisor, Mike soon learned what franchisees in all franchised businesses often conclude…that when it comes time to sell their business, the franchisor is typically not “wired” for selling existing locations. “I had tried unsuccessfully to sell my franchise unit with the assistance of the parent franchise; but they weren’t able to provide the local assistance that ultimately was needed for a successful sale,” Mike observed.
Mike further shared, “Randy Mitchell and VR Business Brokers were very responsive to my needs. Randy fielded and screened inquiries that saved me considerable time. The daily/weekly interactions and guidance that he provided was very valuable and worthy of my investment.
New owners Tom and Kim Antolini are off to a great start in their new business. Like many VR buyer customers, they were purchasing their first business. “We were impressed by the smoothness of the transaction given the very short timeline we were working under,” said Kim. “Randy worked to get questions answered, documents made available, and meetings coordinated all in a professional and timely manner. We would highly recommend Randy Mitchell with VR Business Brokers/Mergers & Acquisitions.” They also plan to open a second location in the near future.
About VR Mergers & Acquisitions of Charlotte
Owned and operated by Adam Petricoff, VR Business Brokers’ located in Charlotte, NC specializes in providing intermediary services for buyers and sellers in the greater Charlotte and Southeast region. VR Mergers & Acquisitions has been helping business owners confidentially sell their business in the area since 1998 with hundreds of successful deals completed.