How Much To Buy A Planet Fitness Franchise Here
: An estimated $40,000 to $132,000 to launch the location.
: These are often the largest expense, ranging from $1,250,000 to $2,142,000 for gym build-outs.
Planet Fitness currently operates over 2,700 locations and plans to expand to 5,000 in the U.S.. While the upfront costs are high, the average annual revenue for a franchised club is approximately . On average, it takes between 2.4 to 8.1 years for a franchisee to recoup their initial investment. how much to buy a planet fitness franchise
: 7% of monthly and annual gross membership fees.
: Between $36,300 and $1,103,000 , depending on whether you finance or buy. : An estimated $40,000 to $132,000 to launch the location
: 2% of gross EFT (Electronic Funds Transfer) dues.
: Costs typically fall between $13,000 and $37,000 . Ongoing Fees While the upfront costs are high, the average
: At least $1,500,000 in cash or easily convertible assets. Initial Startup Costs