KID-FIT vs Planet Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of KID-FIT vs Planet Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  KID-FIT Planet Fitness
Investment 8999 - 10000 968100 - 4113000
Franchise Fee
Royalty Fee 7% of Gross Membership Fees
Advertising Fee 9%
Year Founded 1986 1992
Year Franchised 2005 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  KID-FIT Planet Fitness
Experience

Financing Options
  KID-FIT Planet Fitness
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  KID-FIT 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
  KID-FIT 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
KID-FIT
Planet Fitness
Franchise Fee
KID-FIT
Planet Fitness
Royalty Fee
KID-FIT
Planet Fitness 7% of Gross Membership Fees
Advertising Fee
KID-FIT
Planet Fitness 9%
Year Founded
KID-FIT 1986
Planet Fitness 1992
Year Franchised
KID-FIT 2005
Planet Fitness 2003
Term Of Agreement
KID-FIT
Planet Fitness 10 years
Renewal Fee
KID-FIT
Planet Fitness


Business Experience Requirements
Experience
KID-FIT
Planet Fitness

Financing Options
 
Franchise Fees
KID-FIT
Planet Fitness
Start-up Costs
KID-FIT
Planet Fitness
Equipment
KID-FIT}
Planet Fitness
Inventory
KID-FIT
Planet Fitness
Receivables
KID-FIT
Planet Fitness
Payroll
KID-FIT
Planet Fitness

Training & Support
Training
KID-FIT
Planet Fitness * Available at headquarters: 2 weeks * At franchisee's location: as needed
Support
KID-FIT
Planet Fitness * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
Marketing
KID-FIT
Planet Fitness * Co-op advertising * Ad slicks * Regional advertising
Operations
KID-FIT
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
KID-FIT
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
KID-FIT
Planet Fitness
International Expansion
KID-FIT
Planet Fitness