Start-Up Costs and Fees |
||
| Stroller Barre | Planet Fitness | |
| Investment | 5000 - 35000 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | $175-480/month+2% | 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 |
||
| Stroller Barre | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Stroller Barre | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Stroller Barre | 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 |
||
| Stroller Barre | 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 | |
| Stroller Barre | |
| Planet Fitness | |
| Franchise Fee | |
| Stroller Barre | |
| Planet Fitness | |
| Royalty Fee | |
| Stroller Barre | $175-480/month+2% |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Stroller Barre | |
| Planet Fitness | 9% |
| Year Founded | |
| Stroller Barre | 0 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Stroller Barre | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Stroller Barre | 2-6 years |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Stroller Barre | 20% of then current fee |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Stroller Barre | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Stroller Barre | |
| Planet Fitness | |
| Start-up Costs | |
| Stroller Barre | |
| Planet Fitness | |
| Equipment | |
| Stroller Barre} | |
| Planet Fitness | |
| Inventory | |
| Stroller Barre | |
| Planet Fitness | |
| Receivables | |
| Stroller Barre | |
| Planet Fitness | |
| Payroll | |
| Stroller Barre | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Stroller Barre | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Stroller Barre | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Stroller Barre | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Stroller Barre | |
| 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 | |
| Stroller Barre | |
| 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 | |
| Stroller Barre | |
| Planet Fitness | |
| International Expansion | |
| Stroller Barre | |
| Planet Fitness | |