Start-Up Costs and Fees |
||
| Planet Fitness | Sedona for Women | |
| Investment | 968100 - 4113000 | 50000 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2005 |
| Year Franchised | 2003 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Sedona for Women | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Sedona for Women | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Sedona for Women | |
| 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 | Sedona for Women | |
| 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 | |
| Sedona for Women | |
| Franchise Fee | |
| Planet Fitness | |
| Sedona for Women | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Sedona for Women | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Sedona for Women | |
| Year Founded | |
| Planet Fitness | 1992 |
| Sedona for Women | 2005 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Sedona for Women | 2005 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Sedona for Women | |
| Renewal Fee | |
| Planet Fitness | |
| Sedona for Women | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Sedona for Women | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Sedona for Women | No |
| Start-up Costs | |
| Planet Fitness | |
| Sedona for Women | |
| Equipment | |
| Planet Fitness} | |
| Sedona for Women | |
| Inventory | |
| Planet Fitness | |
| Sedona for Women | |
| Receivables | |
| Planet Fitness | |
| Sedona for Women | |
| Payroll | |
| Planet Fitness | |
| Sedona for Women | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Sedona for Women | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Sedona for Women | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Sedona for Women | |
| 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) |
| Sedona for Women | |
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 |
| Sedona for Women | |
| Canada Expansion | |
| Planet Fitness | |
| Sedona for Women | |
| International Expansion | |
| Planet Fitness | |
| Sedona for Women | |