Start-Up Costs and Fees |
||
| RedLine Athletics | Planet Fitness | |
| Investment | 245733 - 452483 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 7% of Gross Membership Fees |
| Advertising Fee | 1% | 9% |
| Year Founded | 2013 | 1992 |
| Year Franchised | 2013 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| RedLine Athletics | Planet Fitness | |
| Experience | ||
Financing Options |
||
| RedLine Athletics | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| RedLine Athletics | Planet Fitness | |
| Training | On-The-Job Training: 20 hours Classroom Training: 20 hours | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email 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 |
||
| RedLine Athletics | 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 | 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 | |
| RedLine Athletics | |
| Planet Fitness | |
| Franchise Fee | |
| RedLine Athletics | |
| Planet Fitness | |
| Royalty Fee | |
| RedLine Athletics | 7% |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| RedLine Athletics | 1% |
| Planet Fitness | 9% |
| Year Founded | |
| RedLine Athletics | 2013 |
| Planet Fitness | 1992 |
| Year Franchised | |
| RedLine Athletics | 2013 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| RedLine Athletics | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| RedLine Athletics | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| RedLine Athletics | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| RedLine Athletics | |
| Planet Fitness | |
| Start-up Costs | |
| RedLine Athletics | |
| Planet Fitness | |
| Equipment | |
| RedLine Athletics} | |
| Planet Fitness | |
| Inventory | |
| RedLine Athletics | |
| Planet Fitness | |
| Receivables | |
| RedLine Athletics | |
| Planet Fitness | |
| Payroll | |
| RedLine Athletics | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| RedLine Athletics | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| RedLine Athletics | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| RedLine Athletics | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| RedLine Athletics | |
| 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 | |
| RedLine Athletics | 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 |
| 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 | |
| RedLine Athletics | |
| Planet Fitness | |
| International Expansion | |
| RedLine Athletics | |
| Planet Fitness | |