Start-Up Costs and Fees |
||
| Title Boxing Club | Planet Fitness | |
| Investment | 171951 - 614993 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | 7.50% | 7% of Gross Membership Fees |
| Advertising Fee | 1% | 9% |
| Year Founded | 2008 | 1992 |
| Year Franchised | 2009 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Title Boxing Club | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Title Boxing Club | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Title Boxing Club | 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 |
||
| Title Boxing Club | 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 | |
| Title Boxing Club | |
| Planet Fitness | |
| Franchise Fee | |
| Title Boxing Club | |
| Planet Fitness | |
| Royalty Fee | |
| Title Boxing Club | 7.50% |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Title Boxing Club | 1% |
| Planet Fitness | 9% |
| Year Founded | |
| Title Boxing Club | 2008 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Title Boxing Club | 2009 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Title Boxing Club | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Title Boxing Club | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Title Boxing Club | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Title Boxing Club | |
| Planet Fitness | |
| Start-up Costs | |
| Title Boxing Club | |
| Planet Fitness | |
| Equipment | |
| Title Boxing Club} | |
| Planet Fitness | |
| Inventory | |
| Title Boxing Club | |
| Planet Fitness | |
| Receivables | |
| Title Boxing Club | |
| Planet Fitness | |
| Payroll | |
| Title Boxing Club | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Title Boxing Club | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Title Boxing Club | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Title Boxing Club | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Title Boxing Club | |
| 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 | |
| Title Boxing Club | 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 | |
| Title Boxing Club | |
| Planet Fitness | |
| International Expansion | |
| Title Boxing Club | |
| Planet Fitness | |