Start-Up Costs and Fees |
||
| Planet Fitness | Body Buster Fitness | |
| Investment | 968100 - 4113000 | 50000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 7% of Gross Membership Fees | |
| Advertising Fee | 9% | |
| Year Founded | 1992 | 2007 |
| Year Franchised | 2003 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Fitness | Body Buster Fitness | |
| Experience | ||
Financing Options |
||
| Planet Fitness | Body Buster Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Fitness | Body Buster Fitness | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: as needed | 5 day on site training which will include on location and in office training. You will learn what it takes to be a Body Buster Trainer, how to hire, train and manage Body Buster Trainers, how to operate your own Body Buster Program, marketing, accounting skills and management of your business. You will also receive easy to use manuals for day to day reference. You will learn what it takes to run a successful Body Buster Program in your area! |
| Support | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | Continuous support via phone, e-mail and in person from an experienced Body Buster representative. You will be in business for yourself but not by yourself as you will be a part of a strong and successful team. Our experienced staff will help you during the critical months before and after the launch of your Body Buster Franchise. |
| 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 |
||
| Planet Fitness | Body Buster 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 | |
| Planet Fitness | |
| Body Buster Fitness | |
| Franchise Fee | |
| Planet Fitness | |
| Body Buster Fitness | |
| Royalty Fee | |
| Planet Fitness | 7% of Gross Membership Fees |
| Body Buster Fitness | |
| Advertising Fee | |
| Planet Fitness | 9% |
| Body Buster Fitness | |
| Year Founded | |
| Planet Fitness | 1992 |
| Body Buster Fitness | 2007 |
| Year Franchised | |
| Planet Fitness | 2003 |
| Body Buster Fitness | 2011 |
| Term Of Agreement | |
| Planet Fitness | 10 years |
| Body Buster Fitness | |
| Renewal Fee | |
| Planet Fitness | |
| Body Buster Fitness | |
Business Experience Requirements |
|
| Experience | |
| Planet Fitness | |
| Body Buster Fitness | |
Financing Options |
|
| Franchise Fees | |
| Planet Fitness | No |
| Body Buster Fitness | No |
| Start-up Costs | |
| Planet Fitness | |
| Body Buster Fitness | |
| Equipment | |
| Planet Fitness} | |
| Body Buster Fitness | |
| Inventory | |
| Planet Fitness | |
| Body Buster Fitness | |
| Receivables | |
| Planet Fitness | |
| Body Buster Fitness | |
| Payroll | |
| Planet Fitness | |
| Body Buster Fitness | |
Training & Support |
|
| Training | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Body Buster Fitness | 5 day on site training which will include on location and in office training. You will learn what it takes to be a Body Buster Trainer, how to hire, train and manage Body Buster Trainers, how to operate your own Body Buster Program, marketing, accounting skills and management of your business. You will also receive easy to use manuals for day to day reference. You will learn what it takes to run a successful Body Buster Program in your area! |
| Support | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Body Buster Fitness | Continuous support via phone, e-mail and in person from an experienced Body Buster representative. You will be in business for yourself but not by yourself as you will be a part of a strong and successful team. Our experienced staff will help you during the critical months before and after the launch of your Body Buster Franchise. |
| Marketing | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Body Buster Fitness | |
| Operations | |
| Planet Fitness | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
| Body Buster Fitness | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Body Buster Fitness | |
| Canada Expansion | |
| Planet Fitness | |
| Body Buster Fitness | |
| International Expansion | |
| Planet Fitness | |
| Body Buster Fitness | |