Planet Fitness vs LA BOXING Franchise Comparison

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

Start-Up Costs and Fees
  Planet Fitness LA BOXING
Investment 968100 - 4113000 200000 - 200000
Franchise Fee
Royalty Fee 7% of Gross Membership Fees 6%
Advertising Fee 9% 2%
Year Founded 1992 1992
Year Franchised 2003 2006
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Planet Fitness LA BOXING
Experience

Financing Options
  Planet Fitness LA BOXING
 
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 LA BOXING
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 LA BOXING
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
LA BOXING
Franchise Fee
Planet Fitness
LA BOXING
Royalty Fee
Planet Fitness 7% of Gross Membership Fees
LA BOXING 6%
Advertising Fee
Planet Fitness 9%
LA BOXING 2%
Year Founded
Planet Fitness 1992
LA BOXING 1992
Year Franchised
Planet Fitness 2003
LA BOXING 2006
Term Of Agreement
Planet Fitness 10 years
LA BOXING
Renewal Fee
Planet Fitness
LA BOXING 0


Business Experience Requirements
Experience
Planet Fitness
LA BOXING

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

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

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
LA BOXING
Canada Expansion
Planet Fitness
LA BOXING 0
International Expansion
Planet Fitness
LA BOXING