Start-Up Costs and Fees |
||
| Zoo Health Club | Planet Fitness | |
| Investment | 47969 - 171799 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | greater of $399/ month 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 |
||
| Zoo Health Club | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Zoo Health Club | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Zoo Health Club | 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 |
||
| Zoo Health Club | 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 | |
| Zoo Health Club | |
| Planet Fitness | |
| Franchise Fee | |
| Zoo Health Club | |
| Planet Fitness | |
| Royalty Fee | |
| Zoo Health Club | greater of $399/ month or 7% |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Zoo Health Club | |
| Planet Fitness | 9% |
| Year Founded | |
| Zoo Health Club | 0 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Zoo Health Club | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Zoo Health Club | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Zoo Health Club | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Zoo Health Club | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Zoo Health Club | |
| Planet Fitness | |
| Start-up Costs | |
| Zoo Health Club | |
| Planet Fitness | |
| Equipment | |
| Zoo Health Club} | |
| Planet Fitness | |
| Inventory | |
| Zoo Health Club | |
| Planet Fitness | |
| Receivables | |
| Zoo Health Club | |
| Planet Fitness | |
| Payroll | |
| Zoo Health Club | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Zoo Health Club | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Zoo Health Club | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Zoo Health Club | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Zoo Health Club | |
| 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 | |
| Zoo Health Club | |
| 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 | |
| Zoo Health Club | |
| Planet Fitness | |
| International Expansion | |
| Zoo Health Club | |
| Planet Fitness | |