Start-Up Costs and Fees |
||
| Pilates Joe | Planet Fitness | |
| Investment | 59000 - 100100 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | 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 |
||
| Pilates Joe | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Pilates Joe | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Pilates Joe | 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 |
||
| Pilates Joe | 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 | |
| Pilates Joe | |
| Planet Fitness | |
| Franchise Fee | |
| Pilates Joe | |
| Planet Fitness | |
| Royalty Fee | |
| Pilates Joe | |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Pilates Joe | |
| Planet Fitness | 9% |
| Year Founded | |
| Pilates Joe | 0 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Pilates Joe | 0 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Pilates Joe | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Pilates Joe | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Pilates Joe | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Pilates Joe | |
| Planet Fitness | |
| Start-up Costs | |
| Pilates Joe | |
| Planet Fitness | |
| Equipment | |
| Pilates Joe} | |
| Planet Fitness | |
| Inventory | |
| Pilates Joe | |
| Planet Fitness | |
| Receivables | |
| Pilates Joe | |
| Planet Fitness | |
| Payroll | |
| Pilates Joe | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Pilates Joe | |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Pilates Joe | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Pilates Joe | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Pilates Joe | |
| 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 | |
| Pilates Joe | |
| 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 | |
| Pilates Joe | |
| Planet Fitness | |
| International Expansion | |
| Pilates Joe | |
| Planet Fitness | |