Planet Fitness Franchise For Sale
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Planet fitness franchise for sale. The average planet fitness franchise cost usually runs around 853 300 up to 3 669 150. The franchisor offers for sale planet fitness franchises for new locations and for existing fitness facilities that want to convert to a planet fitness. Planet fitness businesses are fitness training facilities offering exercise machines and free weights fitness training services tanning services related services and ancillary goods. Planet fitness has the franchise fee of up to 42 500 with total initial investment from 969 600.
We are not currently accepting new franchisee applications however please feel free to tell us about yourself. Mind that the franchise requirements for sale could be different depending on the format and scope of business. In these transactions planet fitness will negotiate with the prospective franchisee to reach mutually acceptable terms of a sale agreement and any lease or sublease of the real estate. How much does planet fitness franchise cost.
Potential franchisees lead at least r1 000 000 capital to invest in a planet fitness valuefit franchise. If and when new opportunities are available in the future we will contact you. 969 600 4 242 500 net worth requirement. Here is the detailed cost breakdown of the planet fitness franchise.
And of course the price depends on many factors. The planet fitness franchisee must provide these services on a 24 hour a day basis unless prohibited by law or authorized by the franchisor in writing. Back to planet fitness home. In fact planet fitness is currently in the process of an exciting national rollout which will eventually culminate in 40 world class fitness centres to be established in all major growth areas of south africa.
Planet fitness franchise startup fee is 20 000. To open a gym a franchisee must have of 3 million with 1 500 000 in liquid assets. Planet fitness s franchise fee is 10 000 for a 10 year renewable agreement though the total investment ranges from 700 000 to 3 8 million. To report second quarter 2020 results on august 4 2020.
Franchisees must also pay a 5 ongoing royalty fee on all sales to planet fitness. To open an area. The franchisor offers for sale planet fitness franchises for new locations and for existing fitness facilities that want to convert to planet fitness.