Start-Up Costs and Fees |
||
| One2One Bodyscapes | Planet Fitness | |
| Investment | 135900 - 195900 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% of Gross Membership Fees |
| Advertising Fee | 9% | |
| Year Founded | 0 | 1992 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| One2One Bodyscapes | Planet Fitness | |
| Experience | 1. Entrepreneurial Spirit 2. A strong desire to succeed 3. The desire to own your own business 4. An outgoing & enthusiastic personality 5. Sufficient financial resources | |
Financing Options |
||
| One2One Bodyscapes | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| One2One Bodyscapes | 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 |
||
| One2One Bodyscapes | 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 | |
| One2One Bodyscapes | |
| Planet Fitness | |
| Franchise Fee | |
| One2One Bodyscapes | |
| Planet Fitness | |
| Royalty Fee | |
| One2One Bodyscapes | 5% |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| One2One Bodyscapes | |
| Planet Fitness | 9% |
| Year Founded | |
| One2One Bodyscapes | 0 |
| Planet Fitness | 1992 |
| Year Franchised | |
| One2One Bodyscapes | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| One2One Bodyscapes | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| One2One Bodyscapes | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| One2One Bodyscapes | 1. Entrepreneurial Spirit 2. A strong desire to succeed 3. The desire to own your own business 4. An outgoing & enthusiastic personality 5. Sufficient financial resources |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| One2One Bodyscapes | |
| Planet Fitness | |
| Start-up Costs | |
| One2One Bodyscapes | |
| Planet Fitness | |
| Equipment | |
| One2One Bodyscapes} | |
| Planet Fitness | |
| Inventory | |
| One2One Bodyscapes | |
| Planet Fitness | |
| Receivables | |
| One2One Bodyscapes | |
| Planet Fitness | |
| Payroll | |
| One2One Bodyscapes | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| One2One Bodyscapes | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| One2One Bodyscapes | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| One2One Bodyscapes | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| One2One Bodyscapes | |
| 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 | |
| One2One Bodyscapes | |
| 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 | |
| One2One Bodyscapes | |
| Planet Fitness | |
| International Expansion | |
| One2One Bodyscapes | |
| Planet Fitness | |