Start-Up Costs and Fees |
||
| Planet Fitness | Aradia Fitness | |
| Investment | 968100 - 4113000 | 80000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2003 |
| Year Franchised | 2003 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Aradia Fitness | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Aradia Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Aradia 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 | Aradia 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 | |
| Aradia Fitness | |
| Franchise Fee | |
| Planet Fitness | |
| Aradia Fitness | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Aradia Fitness | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Aradia Fitness | |
| Year Founded | |
| Planet Fitness | 1992 |
| Aradia Fitness | 2003 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Aradia Fitness | 2005 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Aradia Fitness | |
| Renewal Fee | |
| Planet Fitness | |
| Aradia Fitness | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Aradia Fitness | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Aradia Fitness | No |
| Start-up Costs | |
| Planet Fitness | |
| Aradia Fitness | |
| Equipment | |
| Planet Fitness} | |
| Aradia Fitness | |
| Inventory | |
| Planet Fitness | |
| Aradia Fitness | |
| Receivables | |
| Planet Fitness | |
| Aradia Fitness | |
| Payroll | |
| Planet Fitness | |
| Aradia Fitness | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Aradia Fitness | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Aradia Fitness | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Aradia 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) |
| Aradia 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 |
| Aradia Fitness | |
| Canada Expansion | |
| Planet Fitness | |
| Aradia Fitness | |
| International Expansion | |
| Planet Fitness | |
| Aradia Fitness | |