Planet Fitness vs Healthy Inspirations Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Planet Fitness vs Healthy Inspirations including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Planet Fitness Healthy Inspirations
Investment 968100 - 4113000 75000 - 375000
Franchise Fee
Royalty Fee 7% of Gross Membership Fees $395/mo.
Advertising Fee 9%
Year Founded 1992 2000
Year Franchised 2003 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Planet Fitness Healthy Inspirations
Experience General business experience

Financing Options
  Planet Fitness Healthy Inspirations
 
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 Healthy Inspirations
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 Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing * Co-op advertising * Ad slicks * Regional advertising Ad slicks
Operations * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
  Planet Fitness Healthy Inspirations
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 Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Planet Fitness
Healthy Inspirations
Franchise Fee
Planet Fitness
Healthy Inspirations
Royalty Fee
Planet Fitness 7% of Gross Membership Fees
Healthy Inspirations $395/mo.
Advertising Fee
Planet Fitness 9%
Healthy Inspirations
Year Founded
Planet Fitness 1992
Healthy Inspirations 2000
Year Franchised
Planet Fitness 2003
Healthy Inspirations 2004
Term Of Agreement
Planet Fitness 10 years
Healthy Inspirations 10 years
Renewal Fee
Planet Fitness
Healthy Inspirations $2.5K or 20% of franchise fee


Business Experience Requirements
Experience
Planet Fitness
Healthy Inspirations General business experience

Financing Options
 
Franchise Fees
Planet Fitness No
Healthy Inspirations No
Start-up Costs
Planet Fitness
Healthy Inspirations
Equipment
Planet Fitness}
Healthy Inspirations
Inventory
Planet Fitness
Healthy Inspirations
Receivables
Planet Fitness
Healthy Inspirations
Payroll
Planet Fitness
Healthy Inspirations

Training & Support
Training
Planet Fitness * Available at headquarters: 2 weeks * At franchisee's location: as needed
Healthy Inspirations
Support
Planet Fitness * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
Healthy Inspirations Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing
Planet Fitness * Co-op advertising * Ad slicks * Regional advertising
Healthy Inspirations Ad slicks
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)
Healthy Inspirations International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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
Healthy Inspirations Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Canada Expansion
Planet Fitness
Healthy Inspirations 0
International Expansion
Planet Fitness
Healthy Inspirations