Start-Up Costs and Fees |
||
| in2it Nutrition&Fitness | Planet Fitness | |
| Investment | 136350 - 262150 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 2000 | 1992 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| in2it Nutrition&Fitness | Planet Fitness | |
| Experience | ||
Financing Options |
||
| in2it Nutrition&Fitness | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| in2it Nutrition&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 |
||
| in2it Nutrition&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 | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
| Franchise Fee | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
| Royalty Fee | |
| in2it Nutrition&Fitness | |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| in2it Nutrition&Fitness | |
| Planet Fitness | 9% |
| Year Founded | |
| in2it Nutrition&Fitness | 2000 |
| Planet Fitness | 1992 |
| Year Franchised | |
| in2it Nutrition&Fitness | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| in2it Nutrition&Fitness | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
| Start-up Costs | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
| Equipment | |
| in2it Nutrition&Fitness} | |
| Planet Fitness | |
| Inventory | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
| Receivables | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
| Payroll | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| in2it Nutrition&Fitness | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| in2it Nutrition&Fitness | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| in2it Nutrition&Fitness | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| in2it Nutrition&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 | |
| in2it Nutrition&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 | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |
| International Expansion | |
| in2it Nutrition&Fitness | |
| Planet Fitness | |