Start-Up Costs and Fees |
||
| Planet Fitness | Fit Zone For Women | |
| Investment | 968100 - 4113000 | 100100 - 150450 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | Varies |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2003 |
| Year Franchised | 2003 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Fit Zone For Women | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Fit Zone For Women | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Planet Fitness | Fit Zone For Women | |
| 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 Zone For Women | |
| 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 | |
| Fit Zone For Women | |
| Franchise Fee | |
| Planet Fitness | |
| Fit Zone For Women | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Fit Zone For Women | Varies |
| Advertising Fee | |
| Planet Fitness | 9% |
| Fit Zone For Women | |
| Year Founded | |
| Planet Fitness | 1992 |
| Fit Zone For Women | 2003 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Fit Zone For Women | 2006 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Fit Zone For Women | 5 years |
| Renewal Fee | |
| Planet Fitness | |
| Fit Zone For Women | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Fit Zone For Women | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Fit Zone For Women | No |
| Start-up Costs | |
| Planet Fitness | |
| Fit Zone For Women | |
| Equipment | |
| Planet Fitness} | |
| Fit Zone For Women | |
| Inventory | |
| Planet Fitness | |
| Fit Zone For Women | |
| Receivables | |
| Planet Fitness | |
| Fit Zone For Women | |
| Payroll | |
| Planet Fitness | |
| Fit Zone For Women | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Fit Zone For Women | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Fit Zone For Women | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Fit Zone For Women | |
| 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 Zone For Women | |
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 Zone For Women | |
| Canada Expansion | |
| Planet Fitness | |
| Fit Zone For Women | 0 |
| International Expansion | |
| Planet Fitness | |
| Fit Zone For Women | |