Start-Up Costs and Fees |
||
| Planet Fitness | Pure Power Boot Camp | |
| Investment | 968100 - 4113000 | 0 - 0 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2003 |
| Year Franchised | 2003 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Pure Power Boot Camp | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Pure Power Boot Camp | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Pure Power Boot Camp | |
| 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 | Pure Power Boot Camp | |
| 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 | |
| Pure Power Boot Camp | |
| Franchise Fee | |
| Planet Fitness | |
| Pure Power Boot Camp | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Pure Power Boot Camp | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Pure Power Boot Camp | |
| Year Founded | |
| Planet Fitness | 1992 |
| Pure Power Boot Camp | 2003 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Pure Power Boot Camp | 2006 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Pure Power Boot Camp | |
| Renewal Fee | |
| Planet Fitness | |
| Pure Power Boot Camp | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Pure Power Boot Camp | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Pure Power Boot Camp | No |
| Start-up Costs | |
| Planet Fitness | |
| Pure Power Boot Camp | |
| Equipment | |
| Planet Fitness} | |
| Pure Power Boot Camp | |
| Inventory | |
| Planet Fitness | |
| Pure Power Boot Camp | |
| Receivables | |
| Planet Fitness | |
| Pure Power Boot Camp | |
| Payroll | |
| Planet Fitness | |
| Pure Power Boot Camp | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Pure Power Boot Camp | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Pure Power Boot Camp | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Pure Power Boot Camp | |
| 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) |
| Pure Power Boot Camp | |
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 |
| Pure Power Boot Camp | |
| Canada Expansion | |
| Planet Fitness | |
| Pure Power Boot Camp | 0 |
| International Expansion | |
| Planet Fitness | |
| Pure Power Boot Camp | |