Live 2 B Healthy vs Planet Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Live 2 B Healthy vs Planet Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Live 2 B Healthy Franchise
Planet Fitness Franchise
Investment $20,000 - $30,000$968,100 - $4,113,000
Franchise Fee N/A$20,000
Royalty Fee -7% of Gross Membership Fees
Advertising Fee -9%
Year Founded 01992
Year Franchised 02003
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
Live 2 B Healthy Franchise
Planet Fitness Franchise
Experience --

Financing Options

 
Live 2 B Healthy Franchise
Planet Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/No
Start-up Costs -/-No/No
Equipment -/-No/Yes
Inventory -/-No/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support

 
Live 2 B Healthy 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
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

 
Live 2 B Healthy Franchise
Planet Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Live 2 B Healthy

Build your successful business with Live 2 B HealthyTM Senior Fitness: the nation's only franchise offering a proven fitness program to senior residential communities. Live 2 B HealthyTM Senior Fitness franchisees are at the forefront of a growing, recession-proof industry, helping today's seniors remain fit. We offer on-site fitness to senior residents. But more than that, we offer seniors the freedom, independence and dignity that accompany reclaimed health. And being a Live 2 B HealthyTM Senior Fitness franchisee is not only personally satisfying; it also makes good business sense. What makes Live 2 B HealthyTM Senior Fitness different (and better!) than other franchises? A truly unique business. There's no one else like us, offering fitness to residential communities. A proven business system. We've been around for years, and we're here to stay. An affordable franchise, without the huge overhead of a facility lease with heavy fitness equipment. Strong operational support, both during start-up training and once you're up and running. Our franchisees get: Team and one-on-one classroom and field training in business operations, fitness training, sales and marketing An exclusive geographic region, which means less competition and more teamwork among our franchisees A directory of all senior residential communities within their exclusive franchise territory Marketing and sales materials including presentation templates, video, brochures, press releases, ads and an entire database of testimonies from seniors and residential community owners Certified personal trainer lesson plan development tool, sample exercise plans, and an entire web site with hundreds of exercises from which to download custom fitness plans A business system for keeping franchise operations organized and efficient Ongoing support, including an online franchisee community, training webinars, team conference calls and "ride-along" assistance as franchisees build sales-call confidence Applying our proven, step-by-step system, each franchisee's income is limited only by their own time and energy.

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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