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