Slim and Tone vs Planet Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Slim and Tone Franchise
Planet Fitness Franchise
Investment $40,200 - $84,700$968,100 - $4,113,000
Franchise Fee $31,900$20,000
Royalty Fee $395/mo.7% of Gross Membership Fees
Advertising Fee -9%
Year Founded 20021992
Year Franchised 20022003
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements

 
Slim and Tone Franchise
Planet Fitness Franchise
Experience --

Financing Options

 
Slim and Tone 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/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Slim and Tone Franchise
Planet Fitness Franchise
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* Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
Marketing Ad slicks* Co-op advertising * Ad slicks * Regional advertising
Operations 10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (75% 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

 
Slim and Tone Franchise
Planet Fitness Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Slim and Tone

NO LONGER FRANCHISING

Slim and Tone is a standout amongst the most energizing establishment openings in business today. Like never before, ladies require practice and an asylum from the anxiety they confront day by day. You can offer that shelter and be remunerated for it. Regular, ladies are understanding that eating methodologies alone don't work and that it is so imperative to work out. The question is the place and how.

Routine practice and wellbeing clubs might be promptly accessible in your general vicinity, yet these offices are not really arrangements that work for generally ladies. Many feel threatened by a co-ed office and don't have sufficient energy. Ladies of any age and wellness capacities, overweight ladies and ladies with handicaps, specifically, require a practice office that is protected, brisk, agreeable, and strong and one that meets their interesting needs. The arrangement is a women's-just wellness club! Bends for Women promoted the pattern Slim and Tone has adjusted and enhanced the idea.

Contrast the Slim and Tone bundle with others. No other contender is in a position to offer this much:

OUR USA OPPORTUNITY

As the practice division of NutriSystem, a pioneer in the weight reduction showcase, just Slim and Tone can offer you this extra income potential in your club! We have the benefit of:

The chance to get to the broad rundown of NutriSystem clients through cross showcasing programs

What's more, as a shopper items organization, NutriSystem can likewise outline items only for Slim and Tone!

The money related strength and promoting openings that an open organization offers will make an interpretation of into more accomplishment for you.

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.

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