Start-Up Costs and Fees |
||
| Access Fitness | Planet Fitness | |
| Investment | 0 - 0 | 968100 - 4113000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 0 | 1992 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Access Fitness | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Access Fitness | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Access Fitness | Planet Fitness | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: as needed | |
| Support | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | |
| Marketing | * Co-op advertising * Ad slicks * Regional advertising | |
| Operations | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Access Fitness | Planet Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Access Fitness | |
| Planet Fitness | |
| Franchise Fee | |
| Access Fitness | |
| Planet Fitness | |
| Royalty Fee | |
| Access Fitness | |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Access Fitness | |
| Planet Fitness | 9% |
| Year Founded | |
| Access Fitness | 0 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Access Fitness | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Access Fitness | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Access Fitness | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Access Fitness | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Access Fitness | |
| Planet Fitness | |
| Start-up Costs | |
| Access Fitness | |
| Planet Fitness | |
| Equipment | |
| Access Fitness} | |
| Planet Fitness | |
| Inventory | |
| Access Fitness | |
| Planet Fitness | |
| Receivables | |
| Access Fitness | |
| Planet Fitness | |
| Payroll | |
| Access Fitness | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Access Fitness | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Access Fitness | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Access Fitness | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Access Fitness | |
| Planet Fitness | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Access Fitness | |
| Planet Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Access Fitness | |
| Planet Fitness | |
| International Expansion | |
| Access Fitness | |
| Planet Fitness | |