Start-Up Costs and Fees |
||
| Fit For Her | Planet Fitness | |
| Investment | 120000 - 150000 | 968100 - 4113000 |
| Franchise Fee | ||
| 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 |
||
| Fit For Her | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Fit For Her | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fit For Her | 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 |
||
| Fit For Her | 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 | |
| Fit For Her | |
| Planet Fitness | |
| Franchise Fee | |
| Fit For Her | |
| Planet Fitness | |
| Royalty Fee | |
| Fit For Her | |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Fit For Her | |
| Planet Fitness | 9% |
| Year Founded | |
| Fit For Her | 0 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Fit For Her | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Fit For Her | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Fit For Her | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Fit For Her | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Fit For Her | |
| Planet Fitness | |
| Start-up Costs | |
| Fit For Her | |
| Planet Fitness | |
| Equipment | |
| Fit For Her} | |
| Planet Fitness | |
| Inventory | |
| Fit For Her | |
| Planet Fitness | |
| Receivables | |
| Fit For Her | |
| Planet Fitness | |
| Payroll | |
| Fit For Her | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Fit For Her | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Fit For Her | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Fit For Her | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Fit For Her | |
| 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 | |
| Fit For Her | |
| 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 | |
| Fit For Her | |
| Planet Fitness | |
| International Expansion | |
| Fit For Her | |
| Planet Fitness | |