Start-Up Costs and Fees |
||
| Planet Fitness | High Altitude Personal Training | |
| Investment | 968100 - 4113000 | 261270 - 365520 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | 6% |
| Advertising Fee | 9% | 3% |
| Year Founded | 1992 | 2009 |
| Year Franchised | 2003 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | High Altitude Personal Training | |
| Experience | If you have a true interest in or even a passion for fitness, then it is not necessary for you to have prior fitness industry experience. Having basic business and computer skills, plus sales and customer relations skills will also be a plus. You or your staff should have proper certifications and credentials to provide personal training services. We prefer owner-operators - or on-site managers - who can commit to the daily management of the business. We welcome single unit owners as well as qualified multi-unit owners. | |
Financing Options |
||
| Planet Fitness | High Altitude Personal Training | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | High Altitude Personal Training | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: as needed | At a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. Modular headquarters-based training for up to 3 people total, lasting up to 18 days and covering sales, administration, personal training techniques and assessments, and much more. One of our representatives will spend up to seven days in two visits assisting you and your staff on-site at your gym. We'll also present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis. |
| Support | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | * Start-up: including site selection, design and layout of your gym, equipment needs, and more. * Training: both at a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. * Marketing: including help with your Grand Opening campaign so you can hit the ground running. * Operations: a copy of our detailed confidential manual containing the procedures, processes, forms, and tactics you need to run an effective personal training franchise. * Technology: access to our proprietary management software, complete with online business and client management tools - including schedules, personalized progress plans and charts, billing and reporting, and more! |
| 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 | High Altitude Personal Training | |
| 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 | |
| High Altitude Personal Training | |
| Franchise Fee | |
| Planet Fitness | |
| High Altitude Personal Training | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| High Altitude Personal Training | 6% |
| Advertising Fee | |
| Planet Fitness | 9% |
| High Altitude Personal Training | 3% |
| Year Founded | |
| Planet Fitness | 1992 |
| High Altitude Personal Training | 2009 |
| Year Franchised | |
| Planet Fitness | 2003 |
| High Altitude Personal Training | 2015 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| High Altitude Personal Training | |
| Renewal Fee | |
| Planet Fitness | |
| High Altitude Personal Training | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| High Altitude Personal Training | If you have a true interest in or even a passion for fitness, then it is not necessary for you to have prior fitness industry experience. Having basic business and computer skills, plus sales and customer relations skills will also be a plus. You or your staff should have proper certifications and credentials to provide personal training services. We prefer owner-operators - or on-site managers - who can commit to the daily management of the business. We welcome single unit owners as well as qualified multi-unit owners. |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| High Altitude Personal Training | No |
| Start-up Costs | |
| Planet Fitness | |
| High Altitude Personal Training | |
| Equipment | |
| Planet Fitness} | |
| High Altitude Personal Training | |
| Inventory | |
| Planet Fitness | |
| High Altitude Personal Training | |
| Receivables | |
| Planet Fitness | |
| High Altitude Personal Training | |
| Payroll | |
| Planet Fitness | |
| High Altitude Personal Training | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| High Altitude Personal Training | At a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. Modular headquarters-based training for up to 3 people total, lasting up to 18 days and covering sales, administration, personal training techniques and assessments, and much more. One of our representatives will spend up to seven days in two visits assisting you and your staff on-site at your gym. We'll also present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis. |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| High Altitude Personal Training | * Start-up: including site selection, design and layout of your gym, equipment needs, and more. * Training: both at a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. * Marketing: including help with your Grand Opening campaign so you can hit the ground running. * Operations: a copy of our detailed confidential manual containing the procedures, processes, forms, and tactics you need to run an effective personal training franchise. * Technology: access to our proprietary management software, complete with online business and client management tools - including schedules, personalized progress plans and charts, billing and reporting, and more! |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| High Altitude Personal Training | |
| 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) |
| High Altitude Personal Training | |
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 |
| High Altitude Personal Training | |
| Canada Expansion | |
| Planet Fitness | |
| High Altitude Personal Training | |
| International Expansion | |
| Planet Fitness | |
| High Altitude Personal Training | |