Start-Up Costs and Fees |
||
| Planet Fitness | Rejuvenate Health Fitness Medspa | |
| Investment | 968100 - 4113000 | 38149 - 396499 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | Greater of $499 or 7% |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 0 |
| Year Franchised | 2003 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Rejuvenate Health Fitness Medspa | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Rejuvenate Health Fitness Medspa | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Rejuvenate Health Fitness Medspa | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: as needed | * Classroom Training * Weekly Conference Call Training * On-site Club Training with One on One Assistance * Pre-training Prior to Rejuvenate University * Regional Training Seminars * Web-Based Training |
| Support | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | * Marketing/Advertising * Pre-Sale Coordination and Launching of your Club * Operation of the Club * Implementation of all Revenue Sources * Membership Sales * Prospecting Tools * Equipment training |
| 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 | Rejuvenate Health Fitness Medspa | |
| 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 | |
| Rejuvenate Health Fitness Medspa | |
| Franchise Fee | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Rejuvenate Health Fitness Medspa | Greater of $499 or 7% |
| Advertising Fee | |
| Planet Fitness | 9% |
| Rejuvenate Health Fitness Medspa | |
| Year Founded | |
| Planet Fitness | 1992 |
| Rejuvenate Health Fitness Medspa | 0 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Rejuvenate Health Fitness Medspa | 0 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Rejuvenate Health Fitness Medspa | |
| Renewal Fee | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Rejuvenate Health Fitness Medspa | No |
| Start-up Costs | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
| Equipment | |
| Planet Fitness} | |
| Rejuvenate Health Fitness Medspa | |
| Inventory | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
| Receivables | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
| Payroll | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Rejuvenate Health Fitness Medspa | * Classroom Training * Weekly Conference Call Training * On-site Club Training with One on One Assistance * Pre-training Prior to Rejuvenate University * Regional Training Seminars * Web-Based Training |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Rejuvenate Health Fitness Medspa | * Marketing/Advertising * Pre-Sale Coordination and Launching of your Club * Operation of the Club * Implementation of all Revenue Sources * Membership Sales * Prospecting Tools * Equipment training |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Rejuvenate Health Fitness Medspa | |
| 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) |
| Rejuvenate Health Fitness Medspa | |
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 |
| Rejuvenate Health Fitness Medspa | |
| Canada Expansion | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |
| International Expansion | |
| Planet Fitness | |
| Rejuvenate Health Fitness Medspa | |