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Case Study

Anytime Fitness

Finance-as-a-Service

About the client

Anytime Fitness is a globally operating gym franchise with a strong presence in Germany. The German holding company runs several clubs across several legal entities. It was in a growth phase and urgently needed support to scale its finance processes, keep administrative costs low and become more efficient.

Summary

Anytime Fitness needed support scaling its finance processes and international reporting during a growth phase. Nortos took over the entire finance function: from bookkeeping for all entities and consolidated reporting for the master franchisor and owners to advice on strategic project financing. As a result, administrative costs fell significantly, reporting became better and faster, and decisions on expanding the network rest on a solid foundation.

60%

cost savings compared with a full-time Head of Finance.

2

weeks until the first report to the owners after the acquisition of the German company.

15

days from month-end to the reviewed monthly report.

“Nortos supports our financial management with a cost-to-expertise ratio that no other provider can beat.”

Florian Dermühl
CEO Anytime Fitness Germany

During rapid growth, Anytime Fitness needed a cost-effective, scalable solution for its finance processes. Each club has its own plan, but bookkeeping runs across several entities. These figures had to be brought together reliably, because the holding company reports internationally to its master franchisor and global owners, which demands precision and efficiency. Anytime Fitness also needed support with strategic project financing to expand its network.

  • Taking over all finance processes: Nortos runs the entire finance function, including bookkeeping for all entities. We set up the processes to run efficiently and scale with growth. The books are closed by the 10th of the following month at the latest.
  • One consolidated report for all clubs: Every transaction is allocated to the right club as it is booked, and each club's forecast follows the same structure. This lets us combine actuals and plan for all clubs and entities in one automated report, with no error-prone manual merging of separate files. The reviewed report reaches the master franchisor and owners accurately and on time, no later than 15 days after month-end.
  • Support with project financing: We advise Anytime Fitness strategically on whether to open new gyms themselves or integrate existing studios through acquisitions, including profitability and capital requirements. Because all figures sit in one structured place, these questions can be answered quickly and soundly.
  • Anytime Fitness scaled its finance processes efficiently, significantly reducing administrative costs. A new club adds no extra reporting effort.
  • The quality and speed of international reporting improved significantly. The reviewed monthly report is ready after 15 days, at a point when many companies are still waiting for their bookkeeping. This has strengthened relationships with the franchisor and owners.
  • Our project financing advice enables faster, better-informed decisions on opening and acquiring new locations.

Facing a similar challenge?

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