PLANET FITNESS businesses are fitness training facilities offering exercise machines and free weights, fitness training services, tanning services, related services and ancillary goods. We offer for sale PLANET FITNESS franchises for new locations and for existing fitness facilities that want to convert to a PLANET FITNESS.
Corporate Structure
We are a Delaware limited liability company formed on June 13, 2018. We do business under our corporate name and under the PLANET FITNESS name. We have been offering franchises for the operation of PLANET FITNESS businesses since August 2018. We have not conducted business in any other line of business or offered franchises in any other line of business. Our principal business address currently is 4 Liberty Lane West, Floor 2, Hampton, NH 03842 and the principal business address of our affiliates and parents is the same, except as otherwise indicated below. Our agents to receive service of process are identified in attached Exhibit “A”.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 4% in the Health & Fitness industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Type
Investment
Fees
Employee Contact Database
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Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Planet Fitness Franchisees
Planet Fitness Franchise System Development in 2021
FAQ
How much investment do I need to start my own Planet Fitness business?
Franchisees typically require at least
$1,314,446 to
$3,677,000 investment to get their
Planet Fitness business started
What are the initial franchise fees for Planet Fitness?
Franchisees typically need to pay at least
$54,000 in fees directly to
Planet Fitness in order to earn the right to launch their business
How much money can I make with a Planet Fitness franchise? What are
the average revenues for a typical Planet Fitness business?
We estimate that the average revenue of an individual
Planet Fitness unit is approximately
$1,205,000. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Planet Fitness unit? What
is my contractual commitment?
Planet Fitness franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
1 /10
The Franchisor's investment costs ranges from
$1,314,446 to $2,128,216
which is
Much Lower
than the $322,949 to $669,726 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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