Anytime Fitness vs Planet Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Anytime Fitness vs Planet Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Anytime Fitness Franchise
Planet Fitness Franchise
Investment $96,140 - $523,824$968,100 - $4,113,000
Franchise Fee $25,000 - $42,500$20,000
Royalty Fee $649-$699/mo.7% of Gross Membership Fees
Advertising Fee $600/ mo9%
Year Founded 20011992
Year Franchised 20022003
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $1000-


Business Experience Requirements
 
Anytime Fitness Franchise
Planet Fitness Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Anytime Fitness Franchise
    Planet Fitness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Anytime Fitness Franchise
    Planet Fitness Franchise
    Training With Anytime Fitness, the training never stops. Initially, we have a mandatory, one-week training course at our corporate office in Minnesota. Once the first week is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance.* Available at headquarters: 2 weeks * At franchisee's location: as needed
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperatives* Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising* Co-op advertising * Ad slicks * Regional advertising
    Operations 10% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		* 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    Expansion Plans
     
    Anytime Fitness Franchise
    Planet Fitness Franchise
    US Expansion YesYes
    Canada Expansion Yes-
    International Expansion Yes-

    Company Overviews

    About Anytime Fitness

    As an Anytime Fitness proprietor, we can help you open the key to conceivable achievement in the wellness business and furnish you with scripts, promotions, advertising pieces, deals and operations manuals we have created and utilized, which ought to give you the preferred standpoint you should be successful in your business attempts. Amid the underlying, compulsory preparing to all franchisees, we will cover:

    Executing a 9-stage deals procedure to offer more enrollments .

    Step by step instructions to make more activity through corporate deals, senior projects, referrals and the sky is the limit from there.

    At the first of consistently you may get our "Month to month Success Pack" which may contain new deals tips, advertising pieces, client benefit thoughts, part maintenance programs and progressing training parcels.

    Duplicates of daily paper advertisements, regular postal mail pieces, radio promotions, telemarketing scripts, tributes, referral passes and a showcasing plan to take after.

    1-800-704-5004 whenever for continuous preparing or day by day addresses.

    Yearly club camps, nearby visits and a talk space for other Anytime Fitness proprietors to share thoughts and musings on the wellness business. Give us a chance to help you bring your thoughts alongside criticism from other Anytime Fitness proprietors and put them under a magnifying glass.

    Pre-deal help.

    The most effective method to deal with your time and handle the everyday operations.

    The most effective method to ace approaching and active deals calls.

    The total investment necessary to begin operation of an Anytime Fitness center in 2019 was between $78,012 and $521,437. This included $13,000 to $80,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of an Anytime Fitness Express center in 2019 was between $58,870 and $393,829. This included $7,900 to $49,000 that must be paid to the franchisor or affiliate.

    "Top  ""     "Entrepreneur
    #51 in Canada's Top franchises.
    #22 in Franchise 500 for 2020.
    #30 in Franchise 500 for 2021.
    Veteran Incentives   20% off franchise fee







    About Planet Fitness

    Planet Fitness got its start in 1992 when Michael Grondahl acquired a struggling gym. He reduced membership prices to compete against better-known brands and focused on serving occasional or first-time gym users. Every Planet Fitness location holds a pizza night for members once a month, as well as a bagel morning, and Tootsie Rolls are available at all times.
    Planet Fitness strives to promote health in a respectful atmosphere. For over a decade, Planet Fitness has gone to great lengths to provide its members with a friendly space to work out. We call it the Judgment Free Zone. We discourage weight dropping and obnoxious grunting so you can focus on your own workout and not the person next to you.

    The total investment necessary to begin operation of a single Planet Fitness facility ranges from $968,100 to $3,072,000 if you finance your equipment.
    This includes $48,000 to $297,000 that must be paid to the franchisor or its affiliate.
    If you choose to purchase your equipment, the total investment necessary to begin operation of a single Planet Fitness facility ranges from $1,500,000 to $4,113,000.
    This includes $295,000 to $912,000 that must be paid to the franchisor or its affiliate.
    These estimated initial investment ranges also apply to each location that you develop under the Area Development Agreement (plus the Area Development Fee you pay at the time you sign the Area Development Agreement). If you sign an Area Development Agreement, you must develop one or more Planet Fitness facilities, and you will pay an Area Development Fee of $10,000 per planned location (paid in full when you sign the Area Development Agreement) in addition to the then-current initial franchise fee due for each location at the time the Franchise Agreement for that location is signed.

    "Entrepreneur

    #7 in Franchise 500 for 2020.
    #8 in Franchise 500 for 2021.