Start-Up Costs and Fees |
||
| Planet Fitness | Access Fitness | |
| Investment | 968100 - 4113000 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 0 |
| Year Franchised | 2003 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Access Fitness | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Access Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Access 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 |
||
| Planet Fitness | Access 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 | |
| Planet Fitness | |
| Access Fitness | |
| Franchise Fee | |
| Planet Fitness | |
| Access Fitness | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Access Fitness | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Access Fitness | |
| Year Founded | |
| Planet Fitness | 1992 |
| Access Fitness | 0 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Access Fitness | 0 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Access Fitness | |
| Renewal Fee | |
| Planet Fitness | |
| Access Fitness | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Access Fitness | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Access Fitness | No |
| Start-up Costs | |
| Planet Fitness | |
| Access Fitness | |
| Equipment | |
| Planet Fitness} | |
| Access Fitness | |
| Inventory | |
| Planet Fitness | |
| Access Fitness | |
| Receivables | |
| Planet Fitness | |
| Access Fitness | |
| Payroll | |
| Planet Fitness | |
| Access Fitness | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Access Fitness | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Access Fitness | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Access Fitness | |
| Operations | |
| Planet Fitness | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
| Access Fitness | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Access Fitness | |
| Canada Expansion | |
| Planet Fitness | |
| Access Fitness | |
| International Expansion | |
| Planet Fitness | |
| Access Fitness | |