Start-Up Costs and Fees |
||
| Planet Fitness | Fit For Her | |
| Investment | 968100 - 4113000 | 120000 - 150000 |
| 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 | Fit For Her | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Fit For Her | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Fit For Her | |
| 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 | Fit For Her | |
| 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 | |
| Fit For Her | |
| Franchise Fee | |
| Planet Fitness | |
| Fit For Her | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Fit For Her | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Fit For Her | |
| Year Founded | |
| Planet Fitness | 1992 |
| Fit For Her | 0 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Fit For Her | 0 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Fit For Her | |
| Renewal Fee | |
| Planet Fitness | |
| Fit For Her | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Fit For Her | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Fit For Her | No |
| Start-up Costs | |
| Planet Fitness | |
| Fit For Her | |
| Equipment | |
| Planet Fitness} | |
| Fit For Her | |
| Inventory | |
| Planet Fitness | |
| Fit For Her | |
| Receivables | |
| Planet Fitness | |
| Fit For Her | |
| Payroll | |
| Planet Fitness | |
| Fit For Her | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Fit For Her | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Fit For Her | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Fit For Her | |
| 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) |
| Fit For Her | |
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 |
| Fit For Her | |
| Canada Expansion | |
| Planet Fitness | |
| Fit For Her | |
| International Expansion | |
| Planet Fitness | |
| Fit For Her | |