Planet Fitness vs KID-FIT Franchise Comparison

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

Start-Up Costs and Fees
  Planet Fitness KID-FIT
Investment 968100 - 4113000 8999 - 10000
Franchise Fee
Royalty Fee 7% of Gross Membership Fees
Advertising Fee 9%
Year Founded 1992 1986
Year Franchised 2003 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Planet Fitness KID-FIT
Experience

Financing Options
  Planet Fitness KID-FIT
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Planet Fitness KID-FIT
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 KID-FIT
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
KID-FIT
Franchise Fee
Planet Fitness
KID-FIT
Royalty Fee
Planet Fitness 7% of Gross Membership Fees
KID-FIT
Advertising Fee
Planet Fitness 9%
KID-FIT
Year Founded
Planet Fitness 1992
KID-FIT 1986
Year Franchised
Planet Fitness 2003
KID-FIT 2005
Term Of Agreement
Planet Fitness 10 years
KID-FIT
Renewal Fee
Planet Fitness
KID-FIT


Business Experience Requirements
Experience
Planet Fitness
KID-FIT

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

Training & Support
Training
Planet Fitness * Available at headquarters: 2 weeks * At franchisee's location: as needed
KID-FIT
Support
Planet Fitness * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
KID-FIT
Marketing
Planet Fitness * Co-op advertising * Ad slicks * Regional advertising
KID-FIT
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)
KID-FIT

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
KID-FIT
Canada Expansion
Planet Fitness
KID-FIT
International Expansion
Planet Fitness
KID-FIT