Start-Up Costs and Fees |
||
| Planet Fitness | Pilates Joe | |
| Investment | 968100 - 4113000 | 59000 - 100100 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 0 |
| Year Franchised | 2003 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Pilates Joe | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Pilates Joe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Pilates Joe | |
| 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 | Pilates Joe | |
| 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 | |
| Pilates Joe | |
| Franchise Fee | |
| Planet Fitness | |
| Pilates Joe | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Pilates Joe | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Pilates Joe | |
| Year Founded | |
| Planet Fitness | 1992 |
| Pilates Joe | 0 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Pilates Joe | 0 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Pilates Joe | |
| Renewal Fee | |
| Planet Fitness | |
| Pilates Joe | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Pilates Joe | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Pilates Joe | No |
| Start-up Costs | |
| Planet Fitness | |
| Pilates Joe | |
| Equipment | |
| Planet Fitness} | |
| Pilates Joe | |
| Inventory | |
| Planet Fitness | |
| Pilates Joe | |
| Receivables | |
| Planet Fitness | |
| Pilates Joe | |
| Payroll | |
| Planet Fitness | |
| Pilates Joe | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Pilates Joe | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Pilates Joe | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Pilates Joe | |
| 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) |
| Pilates Joe | |
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 |
| Pilates Joe | |
| Canada Expansion | |
| Planet Fitness | |
| Pilates Joe | |
| International Expansion | |
| Planet Fitness | |
| Pilates Joe | |