Start-Up Costs and Fees |
||
| Rejuvenate Health Fitness Medspa | Planet Fitness | |
| Investment | 38149 - 396499 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | Greater of $499 or 7% | 7% of Gross Membership Fees |
| Advertising Fee | 9% | |
| Year Founded | 0 | 1992 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rejuvenate Health Fitness Medspa | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Rejuvenate Health Fitness Medspa | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rejuvenate Health Fitness Medspa | Planet Fitness | |
| Training | * 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 | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | * 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 | * 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 |
||
| Rejuvenate Health Fitness Medspa | Planet Fitness | |
| 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 | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
| Franchise Fee | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
| Royalty Fee | |
| Rejuvenate Health Fitness Medspa | Greater of $499 or 7% |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | 9% |
| Year Founded | |
| Rejuvenate Health Fitness Medspa | 0 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Rejuvenate Health Fitness Medspa | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
| Start-up Costs | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
| Equipment | |
| Rejuvenate Health Fitness Medspa} | |
| Planet Fitness | |
| Inventory | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
| Receivables | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
| Payroll | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| 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 |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| 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 |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Rejuvenate Health Fitness Medspa | |
| 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 |
| Canada Expansion | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |
| International Expansion | |
| Rejuvenate Health Fitness Medspa | |
| Planet Fitness | |