Planet Fitness vs Koko FitClub Franchise Comparison

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.

The right idea... ...at just the right time. The $60B worldwide fitness industry is a proven, recession-proof industry. With Koko FitClub, you can be part of this growing industry with a competitive edge no other health club can match. # Unbeatable marketing advantage: Unlimited monthly personal training for a price that’s less than what typical clubs charge for just one session. Koko makes it easy to attract and retain members. # Unmatched technology and cost advantage: Our exclusive Koko Smartraining System not only delivers a premium service, it replaces expensive staff and reduces operating expenses too. # Simple to operate: No long hours, no special skills needed, no big overhead or staff to manage. # Affordable to open: Low start-up costs and readily available financing. To learn more, complete an information request form or call 1-877-KOKOFIT to see if there's a Koko FitClub franchise opportunity available in your area.