Start-Up Costs and Fees |
||
| Planet Fitness | One2One Bodyscapes | |
| Investment | 968100 - 4113000 | 135900 - 195900 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | 5% |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 0 |
| Year Franchised | 2003 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | One2One Bodyscapes | |
| Experience | 1. Entrepreneurial Spirit 2. A strong desire to succeed 3. The desire to own your own business 4. An outgoing & enthusiastic personality 5. Sufficient financial resources | |
Financing Options |
||
| Planet Fitness | One2One Bodyscapes | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | One2One Bodyscapes | |
| 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 | One2One Bodyscapes | |
| 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 | |
| One2One Bodyscapes | |
| Franchise Fee | |
| Planet Fitness | |
| One2One Bodyscapes | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| One2One Bodyscapes | 5% |
| Advertising Fee | |
| Planet Fitness | 9% |
| One2One Bodyscapes | |
| Year Founded | |
| Planet Fitness | 1992 |
| One2One Bodyscapes | 0 |
| Year Franchised | |
| Planet Fitness | 2003 |
| One2One Bodyscapes | 0 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| One2One Bodyscapes | |
| Renewal Fee | |
| Planet Fitness | |
| One2One Bodyscapes | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| One2One Bodyscapes | 1. Entrepreneurial Spirit 2. A strong desire to succeed 3. The desire to own your own business 4. An outgoing & enthusiastic personality 5. Sufficient financial resources |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| One2One Bodyscapes | No |
| Start-up Costs | |
| Planet Fitness | |
| One2One Bodyscapes | |
| Equipment | |
| Planet Fitness} | |
| One2One Bodyscapes | |
| Inventory | |
| Planet Fitness | |
| One2One Bodyscapes | |
| Receivables | |
| Planet Fitness | |
| One2One Bodyscapes | |
| Payroll | |
| Planet Fitness | |
| One2One Bodyscapes | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| One2One Bodyscapes | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| One2One Bodyscapes | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| One2One Bodyscapes | |
| 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) |
| One2One Bodyscapes | |
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 |
| One2One Bodyscapes | |
| Canada Expansion | |
| Planet Fitness | |
| One2One Bodyscapes | |
| International Expansion | |
| Planet Fitness | |
| One2One Bodyscapes | |