Wednesday, August 7, 2013

Planet Fitness Franchise Information

The Earth Fitness commission is to supply an sphere in which citizens of all fitness levels can tactility comfortable while getting physically fit. Its calling base, which includes low monthly rates and a fair annual valuation, adds up to an lovely franchise convenience.


Origins


Earth Fitness, a Fashionable Hampshire company, came into existence in 1992 and extended franchising opportunities beginning in 2003. Franchisee assistance ranges from choosing a location and securing financing to training and marketing services.

Application

You can find the franchisee application at planetfitness.com. Once filled out, you can submit it online.




Revenue & Expenses


Planet Fitness exceeds the industry average for membership and per-square-foot revenues, besides as earnings before taxes, but yet spends over 32 percent less on payroll.


Locations


Planet Fitness has locations in every region of the USA. Potential franchisees can suggest new locations.


Support


Franchisees receive help in all areas of opening a Planet Fitness club. In 2009, monthly rates remained under $20, and the annual fee was less than $40.

Rankings

Planet Fitness ranked #116 in Entrepreneur Magazine's 2009 Franchise 500, and came in at #47 on that year's list of fastest-growing franchises.