Planet Fitness vs United Water Restoration Franchise Comparison

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

Start-Up Costs and Fees

 
Planet Fitness Franchise
United Water Restoration Franchise
Investment $968,100 - $4,113,000$159,342 - $441,874
Franchise Fee $20,000$49,000 - $210,000
Royalty Fee 7% of Gross Membership Fees-
Advertising Fee 9%$3,000/mo or 2%
Year Founded 19922008
Year Franchised 20032015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Planet Fitness Franchise
United Water Restoration Franchise
Experience --

Financing Options

 
Planet Fitness Franchise
United Water Restoration 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

 
Planet Fitness Franchise
United Water Restoration Franchise
Training * Available at headquarters: 2 weeks * At franchisee's location: as neededComprehensive training program.
Support * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperativesHandpicked, trained and certified staff. 24/7 technical field support.
Marketing * Co-op advertising * Ad slicks * Regional advertisingTop restoration franchise sales and marketing programs.
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

 
Planet Fitness Franchise
United Water Restoration Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion -No

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.

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#8 in Franchise 500 for 2021.






About United Water Restoration

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Since 2008, United Water Restoration Group (UWRG) franchise owners have made a remarkable impact in their communities. Not only do our restoration franchises help in the event of a natural disaster, such as repairing damages from water, fire, smoke or mold, but they can also help clients with their day-to-day needs, such as property reconstruction with full-service solutions.

RESTORATION FRANCHISE OPPORTUNITIES
Offering crucial restoration services to property owners in their time of need, UWRG franchisees embark on a career path with unlimited prospects for personal, professional and financial growth. There are plenty of great reasons to open a restoration franchise:
  • $40+ billion market: Fire and water damage restoration franchises have a massive market to work with, meaning there are plenty of opportunities to grow your business.
  • Multiple revenue streams: There are multiple ways for you to find success within a restoration franchise.
  • Completely recession-resistant: No matter what state the economy is in, there will always be a need for damage restoration franchises.
  • Simple business model: Our restoration franchises run off a simple business model so you can focus on growing your business rather than stressing about complex business minutiae.
  • High margins, quick ramp-up: There is massive potential for success with restoration franchises, and it’s not difficult to get on your feet quickly.
  • B2B marketing to professionals: B2B marketing allows you to more easily find and serve clients.
With the high demand for restoration services, now is the perfect time to become part of this growing market as an independent restoration franchise owner!
Contact United Water Restoration Group today for restoration franchise opportunities.