Planet Fitness vs LA Weight Loss Centers Franchise Comparison

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

Start-Up Costs and Fees
  Planet Fitness LA Weight Loss Centers
Investment 968100 - 4113000 67200 - 120400
Franchise Fee
Royalty Fee 7% of Gross Membership Fees 7%
Advertising Fee 9%
Year Founded 1992 1989
Year Franchised 2003 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Planet Fitness LA Weight Loss Centers
Experience

Financing Options
  Planet Fitness LA Weight Loss Centers
 
Franchise Fees No Yes
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Planet Fitness LA Weight Loss Centers
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, Grand opening, Field operations/evaluations
Marketing * Co-op advertising * Ad slicks * Regional advertising Ad slicks, National media, 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 Weight Loss Centers
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, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Planet Fitness
LA Weight Loss Centers
Franchise Fee
Planet Fitness
LA Weight Loss Centers
Royalty Fee
Planet Fitness 7% of Gross Membership Fees
LA Weight Loss Centers 7%
Advertising Fee
Planet Fitness 9%
LA Weight Loss Centers
Year Founded
Planet Fitness 1992
LA Weight Loss Centers 1989
Year Franchised
Planet Fitness 2003
LA Weight Loss Centers 1998
Term Of Agreement
Planet Fitness 10 years
LA Weight Loss Centers 10 years
Renewal Fee
Planet Fitness
LA Weight Loss Centers


Business Experience Requirements
Experience
Planet Fitness
LA Weight Loss Centers

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

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

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 Weight Loss Centers Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion
Planet Fitness
LA Weight Loss Centers 0
International Expansion
Planet Fitness
LA Weight Loss Centers