Healthy Inspirations vs Planet Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Healthy Inspirations vs Planet Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Healthy Inspirations Planet Fitness
Investment 75000 - 375000 968100 - 4113000
Franchise Fee
Royalty Fee $395/mo. 7% of Gross Membership Fees
Advertising Fee 9%
Year Founded 2000 1992
Year Franchised 2004 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Healthy Inspirations Planet Fitness
Experience General business experience

Financing Options
  Healthy Inspirations 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
  Healthy Inspirations Planet Fitness
Training * Available at headquarters: 2 weeks * At franchisee's location: as needed
Support Meetings, Toll-free phone line, Internet, Field operations/evaluations * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
Marketing Ad slicks * Co-op advertising * Ad slicks * Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Expansion Plans
  Healthy Inspirations Planet Fitness
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, 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
Healthy Inspirations
Planet Fitness
Franchise Fee
Healthy Inspirations
Planet Fitness
Royalty Fee
Healthy Inspirations $395/mo.
Planet Fitness 7% of Gross Membership Fees
Advertising Fee
Healthy Inspirations
Planet Fitness 9%
Year Founded
Healthy Inspirations 2000
Planet Fitness 1992
Year Franchised
Healthy Inspirations 2004
Planet Fitness 2003
Term Of Agreement
Healthy Inspirations 10 years
Planet Fitness 10 years
Renewal Fee
Healthy Inspirations $2.5K or 20% of franchise fee
Planet Fitness


Business Experience Requirements
Experience
Healthy Inspirations General business experience
Planet Fitness

Financing Options
 
Franchise Fees
Healthy Inspirations No
Planet Fitness No
Start-up Costs
Healthy Inspirations
Planet Fitness
Equipment
Healthy Inspirations}
Planet Fitness
Inventory
Healthy Inspirations
Planet Fitness
Receivables
Healthy Inspirations
Planet Fitness
Payroll
Healthy Inspirations
Planet Fitness

Training & Support
Training
Healthy Inspirations
Planet Fitness * Available at headquarters: 2 weeks * At franchisee's location: as needed
Support
Healthy Inspirations Meetings, Toll-free phone line, Internet, Field operations/evaluations
Planet Fitness * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
Marketing
Healthy Inspirations Ad slicks
Planet Fitness * Co-op advertising * Ad slicks * Regional advertising
Operations
Healthy Inspirations International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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
Healthy Inspirations Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
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
Healthy Inspirations 0
Planet Fitness
International Expansion
Healthy Inspirations
Planet Fitness