Planet Fitness

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Planet Fitness

Planet Fitness Franchise FDD, Costs & Fees (2025)

Fitness center franchise offering a judgment-free environment with affordable membership options, providing a comfortable and non-intimidating space for individuals of all fitness levels.

Headquartered in Hampton, New Hampshire, Planet Fitness is a prominent operator of fitness centers in the United States.

Founded in 1992 by Michael and Marc Grondahl, the company later brought Chris Rondeau on board, who now serves as the CEO. The inaugural location was opened in Dover, New Hampshire.

Planet Fitness franchisees manage fitness centers that provide exercise machines, free weights, fitness training services, and other related amenities.

Since beginning to franchise in 2003, Planet Fitness has grown its presence across the US and internationally, known for its affordable membership rates, a non-intimidating environment called the "Judgement Free Zone," and a commitment to promoting a healthier lifestyle.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $20,000
Site Selection Costs $0 - $10,000
Construction Development Plan Review Fee $0 - $4,000
Leasehold Improvements $1,250,000 - $2,221,000
Fitness Equipment $41,000 - $1,026,000
Non-Fitness Equipment $49,000 - $919,000
Pre-Sale/Grand Opening Marketing $40,000 - $80,000
Exterior Signs $14,000 - $67,000
Computer System, Point of Sale System, and other Supplies $2,000 - $11,000
Insurance $15,000 - $35,000
Real Estate Lease Deposits $0 - $87,000
Other Deposits $0 - $46,000
Professional Fees $2,000 - $25,000
Out-of-Pocket Initial Training Expenses $1,500 - $7,500
Licenses/Bonds $100 - $5,000
Additional Funds - six months $78,000 - $578,000
Total $1,515,000 - $5,141,000

Franchise Disclosure Document

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Competitors

Below are some of

Planet Fitness

key competitors in the

Gyms

sector.

Started franchising
Franchisees

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Franchise fee

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Royalty fee

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Investment

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Revenue (AUV)

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
Planet Fitness
2003
2010
+
6%
6%
$20,000
7.00%

$1,515,000

-

$5,141,000

n.a.

$1,699,000

Upgrade

n.a.

n.a.

Upgrade

31.2%

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
2020
0
+
n.a.
n.a.
$50,000
6.00%

$400,000

-

$2,974,000

Upgrade

n.a.

$1,233,000

n.a.

n.a.

Upgrade

27.8%

n.a.

Upgrade
No
Upgrade
No
Yes
Upgrade
Yes
2020
3
+
200%
200%
$50,000
6.00%

$297,000

-

$2,551,000

Upgrade

n.a.

$914,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Upgrade
Upgrade
2022
2
+
n.a.
n.a.
$39,000
7.00%

$201,000

-

$481,000

Upgrade

n.a.

$0

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Upgrade
Upgrade
2024
0
+
n.a.
n.a.
$49,500
4.00%

$474,000

-

$2,790,000

Upgrade

n.a.

$1,303,000

97.4%

n.a.

Upgrade

19.0%

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No
2023
0
+
n.a.
n.a.
$39,000
6.00%

$358,000

-

$1,931,000

Upgrade

n.a.

$0

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Upgrade
Upgrade
2017
3
+
200%
200%
$49,500
6.00%

$275,000

-

$798,000

Upgrade

n.a.

$528,000

98.0%

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
Yes
Upgrade
Yes

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$49 / month
Total investment

?

Revenue (AUV)

?

Revenue growth (last 3 years)

?

Profit margin

?

Franchise Disclosure Documents
Advanced filtering and sorting
Watchlist

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Priority support

?

A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.

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Franchisee

Been waiting for years for this. All the most important franchises and their latest Franchise Documents to download. The team also updates the franchises very quickly.

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Franchisee

Training 

Owner Orientation

Duration: 14 hours of classroom instruction
Content: Introduction to the Planet Fitness philosophy, vision, history, and ongoing operations
Location: Planet Fitness headquarters in New Hampshire and a designated Planet Fitness location selected by the franchisor

Pre-Sale and Operations Training

Duration: 20 hours of classroom training and 20 hours of hands-on training
Content: Focuses on daily operations, pre-sale activities, and grand opening procedures
Location: Planet Fitness headquarters in New Hampshire and a designated Planet Fitness location selected by the franchisor

Additional Workshops

Duration: 40 hours of classroom instruction
Content: Covers staffing and management techniques
Location: Planet Fitness headquarters in New Hampshire and a designated Planet Fitness location selected by the franchisor

Regional Manager Workshops

Duration: 16 hours of classroom instruction
Location: Planet Fitness headquarters in New Hampshire and a designated Planet Fitness location selected by the franchisor

Planet Fitness University eLearning Platform

Duration: 8 hours
Content: Mandatory registration for Responsible Owners, Approved Operators, and managers
Location: Online courses available remotely at no cost to the franchisee

Point of Sale (POS) System Training

Duration: 1 day of on-site training
Fees: Approximately $800 per day, per person
Content: Provided by the designated POS vendor to train personnel on the POS System

Territory Protection

Planet Fitness Franchise does not offer any form of territory protection to its franchisees. This means that franchisees are not guaranteed exclusive rights to operate within a specific geographic area. As a result, other Planet Fitness franchises can potentially open nearby, creating a competitive environment within the same market.

This approach encourages franchisees to continuously strive for excellence in their operations, customer service, and community engagement to maintain a competitive edge.

While the absence of territory protection may seem challenging, it also provides an opportunity for franchisees to capitalize on the strong brand recognition and support from the franchisor to attract and retain members.

Number of units

2023
Franchised units

1904

2006

2010

Company-owned units

99

106

233

Total units

2003

2112

2243

Competitors

Pure Fitness

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$400,000 - $2,974,000

Los Campeones

Franchisees

?

3
+
200%
200%
Investment

?

$297,000 - $2,551,000

Iron 24

Franchisees

?

2
+
n.a.
n.a.
Investment

?

$201,000 - $481,000

Hydrogen Fitness

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$474,000 - $2,790,000

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Total investment

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Revenue (AUV)

?

Revenue growth (last 3 years)

?

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