Bally Total Fitness vs Platoon Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Bally Total Fitness Franchise
Platoon Fitness Franchise
Investment $1,000,000 - $2,500,000$29,300 - $40,100
Franchise Fee N/A$20,000
Royalty Fee -6%
Advertising Fee --
Year Founded 19621999
Year Franchised 19972006
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements

 
Bally Total Fitness Franchise
Platoon Fitness Franchise
Experience --

Financing Options

 
Bally Total Fitness Franchise
Platoon Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/No
Start-up Costs -/-No/No
Equipment -/-No/No
Inventory -/-No/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support

 
Bally Total Fitness Franchise
Platoon Fitness Franchise
Training -* Available at headquarters: 2 weeks

* At franchisee's location: 2 months

* Additional training 5 times a year at franchisee's location

Support --
Marketing --
Operations -* Franchise can be run from home

* Number of employees needed to run franchised unit: 2

* Absentee ownership of franchise is allowed.


Expansion Plans

 
Bally Total Fitness Franchise
Platoon Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Bally Total Fitness

NO LONGER FRANCHISING

About Platoon Fitness

Can you devote the same focus to our franchise as our workout teams do to their fitness? If so, that's the kind of franchisee we're looking for! Platoon Fitness

That's right just like one of our workout teams, we expect our franchise team to be on board with the program 100%. There's simply no point in becoming a part of the team if you are not prepared to put in the effort and keep a sharp focus on the key factors needed to reach our franchise goals. The reason for our company's phenomenal success is no accident. Years of planning, testing, adjusting and refining have taught us many of the pitfalls of business ownership and allowed us to continually improve and learn through experience. A Platoon Fitness franchisee needs a clear mind to focus on the most important task at hand: running a successful business.