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Planet fitness pfip llc is an american franchisor and operator of fitness centers based in hampton new hampshire.
Planet fitness franchise owner salary. If you can boost your memberships invest some of your profits wisely and keep on top of costs you can expect to earn a healthy salary from owning your own gym. July 21 2020 planet fitness inc. Planet fitness world headquarters is searching for a franchise business coach to join our team. Planet fitness has ranked on entrepreneur s annual franchise 500 list almost every year in the last decade except in 2007 2008 and 2014.
Investing and financial markets franchising fitness salary and pay rates fast food papa john s small business and. Franchisees must also pay a 5 ongoing royalty fee on all sales to planet fitness. 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.
A free inside look at planet fitness salary trends based on 1 898 salaries wages for 288 jobs at planet fitness. As an active member of planet fitness franchise operations team the franchise business coach is responsible for building relationships with. Planet fitness has been described by the entrepreneur as the most successful fitness franchise in the world. Burn boot camp you will have to pay an initial investment fee of around 142 330 349 950 before legally owning a burn boot camp franchise.
The fitness industry is growing rapidly. The company reports that it has 2 039 clubs making it one of the largest fitness club franchises by number of members and locations. Learn more by downloading our gym owners salary report. Planet fitness franchise cost initial investment planet fitness.
How much does a planet fitness franchise owner earn. Travel within the region will be significant. This field role will support the central us district kentucky indiana ohio and portions of tennessee. Salaries posted anonymously by planet fitness employees.
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