Start-Up Costs and Fees |
||
| Planet Fitness | SureSlim Wellness Clinics | |
| Investment | 968100 - 4113000 | 135000 - 135000 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2000 |
| Year Franchised | 2003 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | SureSlim Wellness Clinics | |
| Experience | ||
Financing Options |
||
| Planet Fitness | SureSlim Wellness Clinics | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | SureSlim Wellness Clinics | |
| 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 | SureSlim Wellness Clinics | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
| Franchise Fee | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| SureSlim Wellness Clinics | |
| Advertising Fee | |
| Planet Fitness | 9% |
| SureSlim Wellness Clinics | |
| Year Founded | |
| Planet Fitness | 1992 |
| SureSlim Wellness Clinics | 2000 |
| Year Franchised | |
| Planet Fitness | 2003 |
| SureSlim Wellness Clinics | 2002 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| SureSlim Wellness Clinics | |
| Renewal Fee | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| SureSlim Wellness Clinics | No |
| Start-up Costs | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
| Equipment | |
| Planet Fitness} | |
| SureSlim Wellness Clinics | |
| Inventory | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
| Receivables | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
| Payroll | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| SureSlim Wellness Clinics | |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| SureSlim Wellness Clinics | |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| SureSlim Wellness Clinics | |
| 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) |
| SureSlim Wellness Clinics | |
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 |
| SureSlim Wellness Clinics | |
| Canada Expansion | |
| Planet Fitness | |
| SureSlim Wellness Clinics | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Planet Fitness | |
| SureSlim Wellness Clinics | |