Start-Up Costs and Fees |
||
| Planet Fitness | Clark Fitness Training | |
| Investment | 968100 - 4113000 | 100000 - 999999 |
| Franchise Fee | ||
| 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 | Clark Fitness Training | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Clark Fitness Training | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Clark Fitness Training | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: as needed | You will be trained in all aspects of the business including: * New Business * Sales & Marketing * Operations * Financials * Navigating the website * Class Choreography Initial training will be held at one of the Clark Fitness Training Sites in central New Jersey. Once you fully understand the systems of operations, you will continue to receive ongoing support from our customer service center and field reps. |
| 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 | Clark Fitness Training | |
| 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 | |
| Clark Fitness Training | |
| Franchise Fee | |
| Planet Fitness | |
| Clark Fitness Training | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Clark Fitness Training | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Clark Fitness Training | |
| Year Founded | |
| Planet Fitness | 1992 |
| Clark Fitness Training | 0 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Clark Fitness Training | 0 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Clark Fitness Training | |
| Renewal Fee | |
| Planet Fitness | |
| Clark Fitness Training | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Clark Fitness Training | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Clark Fitness Training | No |
| Start-up Costs | |
| Planet Fitness | |
| Clark Fitness Training | |
| Equipment | |
| Planet Fitness} | |
| Clark Fitness Training | |
| Inventory | |
| Planet Fitness | |
| Clark Fitness Training | |
| Receivables | |
| Planet Fitness | |
| Clark Fitness Training | |
| Payroll | |
| Planet Fitness | |
| Clark Fitness Training | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Clark Fitness Training | You will be trained in all aspects of the business including: * New Business * Sales & Marketing * Operations * Financials * Navigating the website * Class Choreography Initial training will be held at one of the Clark Fitness Training Sites in central New Jersey. Once you fully understand the systems of operations, you will continue to receive ongoing support from our customer service center and field reps. |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Clark Fitness Training | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Clark Fitness Training | |
| 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) |
| Clark Fitness Training | |
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 |
| Clark Fitness Training | |
| Canada Expansion | |
| Planet Fitness | |
| Clark Fitness Training | |
| International Expansion | |
| Planet Fitness | |
| Clark Fitness Training | |