| ||||
Updated RecentlySwann Fitness Centre for Women vs Planet Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Swann Fitness Centre for Women vs Planet Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $100,000 - $250,000 | $968,100 - $4,113,000 |
| Franchise Fee | N/A | $20,000 |
| Royalty Fee | - | 7% of Gross Membership Fees |
| Advertising Fee | - | 9% |
| Year Founded | 2003 | 1992 |
| Year Franchised | 2003 | 2003 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | The franchisees who take away the most benefits are those who have a clear vision and a definite objective in mind. They are dynamic individuals who are able to interact with the franchiser by having constructive exchanges to improve the formula. They are people of great integrity, jovial and turned towards others. * Big desire for success * Likes to be surrounded * Organizational skills essential * Great degree of integrity * Involvement in the community * Skill at recruiting, securing the loyalty and motivating clients * Will to put the time and necessary effort to run the business * Understanding the principle that in the franchise you will be in the business for yourself but without being alone * Capacity to integrate in an already established system * Knowledge of training is an advantage but a full training will be given | - |
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 | We presume that our franchisees have no experience or knowledge of a franchise's exploitation in the field of health, fitness and health slimness. We will provide a complete training program, in class and in one of our health and fitness centres. As part of the initial training program, you will receive material such as textbooks and informative manuals on our exploitation mode and our systems. Our experienced training officers will teach you all you need to know about the exploitation of a SWANN women's health and fitness centre franchise. You will receive a training on nutrition, on the various exercise programs, on sales and marketing and on general commercial competences. We guarantee that when you finish the training program, you will have all the necessary tools in hand to exploit your SWANN women's health and fitness centre with success. | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | As part of our commitment to your success, one of our experienced training officers will go to your subsidiary to help you during your official opening and work by your side during your first days of exploitation. You will acquire a greater practical experience during the daily working of your franchise. | * 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 |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Swann Fitness Centre for Women
Canada's Fastest Growing Ladies Only Fitness Franchise!!
SWANN Fitness for Women is a profoundly acclaimed women just wellbeing and wellness establishment that has helped a huge number of ladies accomplish their wellness, wellbeing and normal weight reduction objectives. It is a quick and fun practice program in an agreeable situation for ladies of any age and wellness levels.
SWANN Fitness for Women wellness places for ladies are intended to suit the necessities of ladies to help them accomplish a more beneficial way of life and turn out to be more dynamic.
Since 2003, SWANN Fitness for Women has been extending. Right now with more than 60 establishments, situated as an industry pioneer. Establishments are freely claimed and worked with full support from SWANN Fitness for Women head office. Our central goal is to give the vital assets to ladies to recapture their shape and prosperity and keep up both in a safe agreeable environment that is ideal for occupied ways of life. Our vision: enhance the personal satisfaction of ladies. SWANN Fitness for Women wellness for ladies focuses is an expert establishment association that is looking for people prepared to confer themselves in the misuse of an establishment. In the event that you are occupied with turning into a franchisee and might want to get more data on this business opportunity, reach us.
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]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#7 in Franchise 500 for 2020.
#8 in Franchise 500 for 2021.