Start-Up Costs and Fees |
||
| Planet Fitness | Extreme Boot Camp | |
| Investment | 968100 - 4113000 | 150000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2001 |
| Year Franchised | 2003 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Extreme Boot Camp | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Extreme Boot Camp | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Extreme Boot Camp | |
| 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 | Extreme Boot Camp | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Planet Fitness | |
| Extreme Boot Camp | |
| Franchise Fee | |
| Planet Fitness | |
| Extreme Boot Camp | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Extreme Boot Camp | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Extreme Boot Camp | |
| Year Founded | |
| Planet Fitness | 1992 |
| Extreme Boot Camp | 2001 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Extreme Boot Camp | 2001 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Extreme Boot Camp | |
| Renewal Fee | |
| Planet Fitness | |
| Extreme Boot Camp | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Extreme Boot Camp | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Extreme Boot Camp | No |
| Start-up Costs | |
| Planet Fitness | |
| Extreme Boot Camp | |
| Equipment | |
| Planet Fitness} | |
| Extreme Boot Camp | |
| Inventory | |
| Planet Fitness | |
| Extreme Boot Camp | |
| Receivables | |
| Planet Fitness | |
| Extreme Boot Camp | |
| Payroll | |
| Planet Fitness | |
| Extreme Boot Camp | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Extreme Boot Camp | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Extreme Boot Camp | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Extreme Boot Camp | |
| 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) |
| Extreme Boot Camp | |
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 |
| Extreme Boot Camp | |
| Canada Expansion | |
| Planet Fitness | |
| Extreme Boot Camp | 0 |
| International Expansion | |
| Planet Fitness | |
| Extreme Boot Camp | |