Planet Fitness

Planet Fitness is anything but your ordinary gym. With a friendlier, nopressure version of the traditional gym, we have a business model that works! Clearly, this innovative and successful concept is the RIGHT CHOICE, RIGHT NOW.

Franchise Information

Cash Investment :
$25,000
Investment Range :
$25,000
Franchise Fees :
$25,000
Training & Support :
Yes
Financing Available :
Yes
Primary Industry :
Health and Fitness Franchises
Franchise Units :
500+

You are on your way towards owning one of the most successful and fastest growing fitness franchises in the country!
Annual Membership Revenue –50th percentile club performance: $1.7 million (industry avg: $1.2 million)
Annual Operating Revenue –50th percentile club performance: $928,500 (industry avg: $233,000)
Annual Payroll Expense Percentage –50th percentile club performance: 28% (industry avg: 43%)
Planet Fitness® is anything but your ordinary gym. With a friendlier, no–pressure version of the traditional gym, we have a business model that works! Clearly, this innovative and successful concept is the RIGHT CHOICE, RIGHT NOW.
If you want to learn more about franchise opportunities, and find out what it takes to get your own Planet Fitness gym up and running, please contact Vice President of Development Mark Christie at 603-750-0001, ext 104.
To open 1 club:
• Total liquid assets of all partners: $500,000
• Total net worth of all partners: $1.5 million
To develop an area(minimum of 5 clubs):
• Total liquid assets of all partners: $800,000
• Total net worth of all partners: $2 million
• January 2010: Planet Fitness in Irondequoit, NY, sells 4,795 memberships in one month.
• November 2008: Planet Fitness gym in Rome, NY sold 1,513 memberships in one day.
• January 2010: Nationwide "Dollar Down" sale produces 235,000 new memberships
• On our once-a-month Pizza Night, we give away 120,000 slices. That's more than 1.4 million   slices of pizza a year.
• We hand out more than a million Tootsie Rolls every month.

You are on your way towards owning one of the most successful and fastest growing fitness franchises in the country!

Annual Membership Revenue –50th percentile club performance: $1.7 million (industry avg: $1.2 million)

Annual Operating Revenue –50th percentile club performance: $928,500 (industry avg: $233,000)

Annual Payroll Expense Percentage –50th percentile club performance: 28% (industry avg: 43%)

 

Planet Fitness® is anything but your ordinary gym. With a friendlier, no–pressure version of the traditional gym, we have a business model that works! Clearly, this innovative and successful concept is the RIGHT CHOICE, RIGHT NOW.

Financial Requirements

To open 1 club:

• Total liquid assets of all partners: $500,000

• Total net worth of all partners: $1.5 million

 

To develop an area (minimum of 5 clubs):

• Total liquid assets of all partners: $800,000

• Total net worth of all partners: $2 million

 

Fun Facts

• January 2010: Planet Fitness in Irondequoit, NY, sells 4,795 memberships in one month.

• November 2008: Planet Fitness gym in Rome, NY sold 1,513 memberships in one day.

• January 2010: Nationwide "Dollar Down" sale produces 235,000 new memberships

• On our once-a-month Pizza Night, we give away 120,000 slices. That's more than 1.4 million   slices of pizza a year.

• We hand out more than a million Tootsie Rolls every month.

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Industry Info
Primary Industry:
Health and Fitness Franchises
Related Industries:
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