Start-Up Costs and Fees |
||
| Planet Fitness | Fitness Revolution | |
| Investment | 968100 - 4113000 | 12509 - 121908 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | 6% |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2010 |
| Year Franchised | 2003 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Fitness Revolution | |
| Experience | You're a dedicated fitness professional who wants to be the best in your area. You want to deliver exceptional service and results to your clients, and you want to provide a great living for yourself and family (if you have one). You truly enjoy helping people. | |
Financing Options |
||
| Planet Fitness | Fitness Revolution | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Fitness Revolution | |
| 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 | Fitness Revolution | |
| 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 | |
| Fitness Revolution | |
| Franchise Fee | |
| Planet Fitness | |
| Fitness Revolution | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Fitness Revolution | 6% |
| Advertising Fee | |
| Planet Fitness | 9% |
| Fitness Revolution | |
| Year Founded | |
| Planet Fitness | 1992 |
| Fitness Revolution | 2010 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Fitness Revolution | 2010 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Fitness Revolution | 5 years |
| Renewal Fee | |
| Planet Fitness | |
| Fitness Revolution | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Fitness Revolution | You're a dedicated fitness professional who wants to be the best in your area. You want to deliver exceptional service and results to your clients, and you want to provide a great living for yourself and family (if you have one). You truly enjoy helping people. |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Fitness Revolution | No |
| Start-up Costs | |
| Planet Fitness | |
| Fitness Revolution | |
| Equipment | |
| Planet Fitness} | |
| Fitness Revolution | |
| Inventory | |
| Planet Fitness | |
| Fitness Revolution | |
| Receivables | |
| Planet Fitness | |
| Fitness Revolution | |
| Payroll | |
| Planet Fitness | |
| Fitness Revolution | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Fitness Revolution | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Fitness Revolution | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Fitness Revolution | |
| 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) |
| Fitness Revolution | |
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 |
| Fitness Revolution | 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 | |
| Fitness Revolution | |
| International Expansion | |
| Planet Fitness | |
| Fitness Revolution | |