Start-Up Costs and Fees |
||
| Bodyscapes Fitness | Planet Fitness | |
| Investment | 150000 - 210000 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 2006 | 1992 |
| Year Franchised | 2006 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bodyscapes Fitness | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Bodyscapes Fitness | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bodyscapes Fitness | 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 |
||
| Bodyscapes Fitness | 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 | |
| Bodyscapes Fitness | |
| Planet Fitness | |
| Franchise Fee | |
| Bodyscapes Fitness | |
| Planet Fitness | |
| Royalty Fee | |
| Bodyscapes Fitness | |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Bodyscapes Fitness | |
| Planet Fitness | 9% |
| Year Founded | |
| Bodyscapes Fitness | 2006 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Bodyscapes Fitness | 2006 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Bodyscapes Fitness | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Bodyscapes Fitness | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Bodyscapes Fitness | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Bodyscapes Fitness | |
| Planet Fitness | |
| Start-up Costs | |
| Bodyscapes Fitness | |
| Planet Fitness | |
| Equipment | |
| Bodyscapes Fitness} | |
| Planet Fitness | |
| Inventory | |
| Bodyscapes Fitness | |
| Planet Fitness | |
| Receivables | |
| Bodyscapes Fitness | |
| Planet Fitness | |
| Payroll | |
| Bodyscapes Fitness | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Bodyscapes Fitness | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Bodyscapes Fitness | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Bodyscapes Fitness | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Bodyscapes Fitness | |
| 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 | |
| Bodyscapes Fitness | |
| 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 | |
| Bodyscapes Fitness | |
| Planet Fitness | |
| International Expansion | |
| Bodyscapes Fitness | |
| Planet Fitness | |