Planet Fitness vs Title Boxing Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Planet Fitness vs Title Boxing Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$968,100 - $4,113,000 | $171,951 - $614,993 |
Franchise Fee |
$20,000 | $49,500 |
Royalty Fee |
7% of Gross Membership Fees | 7.5% |
Advertising Fee |
9% | 1% |
Year Founded |
1992 | 2008 |
Year Franchised |
2003 | 2009 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
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.
#7 in Franchise 500 for 2020.
#8 in Franchise 500 for 2021.
About Title Boxing Club
Danny Campbell, a former professional boxer, referee, announcer and promoter, opened the first Title Boxing Club in 2008, along with co-founder Tom Lyons and the owners of Title Boxing, a boxing, kickboxing and mixed martial arts equipment company. Title Boxing Club locations offer hour-long group boxing and kickboxing classes designed to help students burn up to 1,000 calories, as well as one-on-one personal training and retail sales of apparel and equipment.
This Isn't Your Average Franchise Opportunity
You've always been fitness-obsessed and driven, and you don't let anything hold you back. You've earned your life's many successes through hard work, determination, dedication and mental toughness.
In this fundamental way, you already share a lot in common with the members and trainers at TITLE Boxing Clubs. Equally committed to fitness, they're always striving to feel better, live healthier and get tougher.
All they need is somebody like you - someone who knows how to motivate people. Someone passionate about fitness and business who can push them to be their very best. Someone who has the credibility that comes from having a winning record- either in the sports world or in the professional arena.
You've Earned Your TITLE With Your Career
Now Earn It As A Business Owner
For Franchise Opportunities Call (855) 243-8020
The total investment necessary to begin operation of a Title Boxing Fitness Facility franchise is $171,951 to $514,993. This includes
$130,051 to 152,193 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of a Title Boxing Fitness Facility area development is $221,951 to $614,993. This
includes $180,993 to 252,193 that must be paid to the franchisor or its
affiliate(s). The area development fee applicable to each Title Boxing Fitness Facility will be credited toward the initial franchise fee
due under the Franchise Agreement for each Title Boxing Fitness
Facility. To qualify for an Area Development Agreement, you must agree
to develop two or more Fitness Facilities.