Start-Up Costs and Fees |
||
| Planet Fitness | D1 Training | |
| Investment | 968100 - 4113000 | 223560 - 692350 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | 6% |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2001 |
| Year Franchised | 2003 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | D1 Training | |
| Experience | Seeking qualified, community-minded franchisees with a passion for the fitness industry Liquid capital of $250,000 and a net worth of $500,000 | |
Financing Options |
||
| Planet Fitness | D1 Training | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | D1 Training | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: as needed | Our comprehensive training programs cover every aspect of the fitness business, from how to run the billing system to designing workouts and scheduling staff. This training program provides you the solid foundation of knowledge and experience you ll need to open a thriving D1 Training franchise. You ll attend a week-long training system at our home office and flagship fitness facility in Nashville, TN, and when you leave, your training continues with self-guided study, nearly constant contact with support staff, and an extensive network of other franchise owners and their staffs. |
| 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 | Our marketing support includes not only professionally created branding. We also respond to market needs as they arise, providing our franchise owners with the materials they need to make an impact in their markets. |
| Operations | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | Employees required: 6 - 12 |
Expansion Plans |
||
| Planet Fitness | D1 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 | 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 | |
| D1 Training | |
| Franchise Fee | |
| Planet Fitness | |
| D1 Training | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| D1 Training | 6% |
| Advertising Fee | |
| Planet Fitness | 9% |
| D1 Training | |
| Year Founded | |
| Planet Fitness | 1992 |
| D1 Training | 2001 |
| Year Franchised | |
| Planet Fitness | 2003 |
| D1 Training | 2016 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| D1 Training | |
| Renewal Fee | |
| Planet Fitness | |
| D1 Training | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| D1 Training | Seeking qualified, community-minded franchisees with a passion for the fitness industry Liquid capital of $250,000 and a net worth of $500,000 |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| D1 Training | No |
| Start-up Costs | |
| Planet Fitness | |
| D1 Training | |
| Equipment | |
| Planet Fitness} | |
| D1 Training | |
| Inventory | |
| Planet Fitness | |
| D1 Training | |
| Receivables | |
| Planet Fitness | |
| D1 Training | |
| Payroll | |
| Planet Fitness | |
| D1 Training | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| D1 Training | Our comprehensive training programs cover every aspect of the fitness business, from how to run the billing system to designing workouts and scheduling staff. This training program provides you the solid foundation of knowledge and experience you ll need to open a thriving D1 Training franchise. You ll attend a week-long training system at our home office and flagship fitness facility in Nashville, TN, and when you leave, your training continues with self-guided study, nearly constant contact with support staff, and an extensive network of other franchise owners and their staffs. |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| D1 Training | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| D1 Training | Our marketing support includes not only professionally created branding. We also respond to market needs as they arise, providing our franchise owners with the materials they need to make an impact in their markets. |
| 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) |
| D1 Training | Employees required: 6 - 12 |
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 |
| D1 Training | 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 | |
| Planet Fitness | |
| D1 Training | |
| International Expansion | |
| Planet Fitness | |
| D1 Training | |