Start-Up Costs and Fees |
||
| Fit Zone For Women | Planet Fitness | |
| Investment | 100100 - 150450 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | Varies | 7% of Gross Membership Fees |
| Advertising Fee | 9% | |
| Year Founded | 2003 | 1992 |
| Year Franchised | 2006 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fit Zone For Women | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Fit Zone For Women | Planet Fitness | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Fit Zone For Women | 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 Zone For Women | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fit Zone For Women | |
| Planet Fitness | |
| Franchise Fee | |
| Fit Zone For Women | |
| Planet Fitness | |
| Royalty Fee | |
| Fit Zone For Women | Varies |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Fit Zone For Women | |
| Planet Fitness | 9% |
| Year Founded | |
| Fit Zone For Women | 2003 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Fit Zone For Women | 2006 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Fit Zone For Women | 5 years |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Fit Zone For Women | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Fit Zone For Women | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Fit Zone For Women | No |
| Planet Fitness | No |
| Start-up Costs | |
| Fit Zone For Women | |
| Planet Fitness | |
| Equipment | |
| Fit Zone For Women} | |
| Planet Fitness | |
| Inventory | |
| Fit Zone For Women | |
| Planet Fitness | |
| Receivables | |
| Fit Zone For Women | |
| Planet Fitness | |
| Payroll | |
| Fit Zone For Women | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Fit Zone For Women | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Fit Zone For Women | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Fit Zone For Women | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Fit Zone For Women | |
| 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 Zone For Women | |
| 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 Zone For Women | 0 |
| Planet Fitness | |
| International Expansion | |
| Fit Zone For Women | |
| Planet Fitness | |