Planet Fitness vs The Max Challenge Franchise Comparison

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

Start-Up Costs and Fees

 
Planet Fitness Franchise
The Max Challenge Franchise
Investment $968,100 - $4,113,000$131,868 - $280,592
Franchise Fee $20,000$40,000
Royalty Fee 7% of Gross Membership Fees6%
Advertising Fee 9%2%
Year Founded 19922011
Year Franchised 20032013
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Planet Fitness Franchise
The Max Challenge Franchise
Experience --

Financing Options

 
Planet Fitness Franchise
The Max Challenge 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
The Max Challenge Franchise
Training * Available at headquarters: 2 weeks * At franchisee's location: as neededOn-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training
Support * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing * Co-op advertising * Ad slicks * Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)Absentee Ownership Allowed

Number of Employees Required to Run: 2


Expansion Plans

 
Planet Fitness Franchise
The Max Challenge Franchise
US Expansion 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.

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About The Max Challenge

THE MAX Challenge gives our Franchise Owners the opportunity to make an incredible financial return on their investment while truly making a difference in the lives of their members and the community. Enjoy comprehensive guidance and strong ongoing support as you start on your path to fitness franchise ownership.

Veteran Incentives  $5,000 off franchise fee