Shape Up Sisters vs Planet Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Shape Up Sisters Franchise
Planet Fitness Franchise
Investment $40,000 - $51,000$968,100 - $4,113,000
Franchise Fee $24,900$20,000
Royalty Fee $375/mo.7% of Gross Membership Fees
Advertising Fee -9%
Year Founded 20021992
Year Franchised 20022003
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
Shape Up Sisters Franchise
Planet Fitness Franchise
Experience
  • Must enjoy working with & helping people
    		• -

    Financing Options
     
    Shape Up Sisters Franchise
    Planet Fitness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Shape Up Sisters Franchise
    Planet Fitness Franchise
    Training -* Available at headquarters: 2 weeks * At franchisee's location: as needed
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations* Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives
    Marketing Ad slicks, Regional advertising* Co-op advertising * Ad slicks * Regional advertising
    Operations

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed.

    		* 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    Expansion Plans
     
    Shape Up Sisters Franchise
    Planet Fitness Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Shape Up Sisters

    NOT  FRANCHISING  YET

    Claim an Affordable and Fun Women's Fitness Franchise.

    Have any kind of effect in the Lives of Women while Owning a Fabulous, In-Demand Business.

    Shape up Sisters, is another style well-being club that is composed particularly for ladies who wouldn't feel good in a customary "hard-body" rec center environment. With the Center for Disease Control reporting that 61% of Americans are either overweight or clinically stout, Shape Up Sisters is putting forth a genuinely necessary administration. Get down to business Sisters is the ideal environment for ladies hoping to get in shape and acquire fearless. Notwithstanding an open to setting, clients of the circuit hardware get an incredible 32-45 minute workout, blazing calories, fat and including muscle tone- - all at a rate that is suited to their wellness level. Since their framework permits ladies to push to her own most extreme limit, anybody required in their program is ensured to lose inches. What's more, Shape Up Sisters staff offers extraordinary inspiration, addresses concerns and guarantees bunches of fun.

    Throughout the next decade ladies around the globe will progressively rely upon strategically placed express workout clubs. For genuine business visionaries, our establishment speaks to an extraordinary and reasonable chance to work a business that will advance sound ways of life for ladies all over the place. When you qualify and are granted your domain, you too will turn out to be a piece of the developing group of Shape Up Sisters® establishments. No past wellness industry or business possession experience is essential. Together, we can be "Emphatically Reshaping Women."

    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.

    "Entrepreneur

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