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49. Planet Fitness

Last Year's Rank: 59

Investment Range: $969,600 - $3,181,500

Initial Franchise Fee: $20,000

Category: Personal Services

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Company Description

Planet Fitness is an American franchise of fitness centers, advertising a “Judgment Free Zone” that caters to novice and casual gym users. Many locations are open 24/7.

Founded in 1992 in Dover, New Hampshire, Planet Fitness has locations in all 50 U.S. states, as well as units in Canada and Latin America. The company offers free training and rewards members can bring guests for free to any location.

Company Statistics

Global Sales: $2,800,000,000

US Units: 1,703

International Units: 39

Total Units: 1,742

Percent Franchised: 96%

% International Units: 2%

US Franchised Units: 1,629

International Franchised Units: 37

Sales Growth %: 21.7%

Unit Growth %: 14.8%

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