Planet Fitness Franchise — Costs & How to Buy
- Initial investment
- $1,515,000 – $5,141,000
- Franchise fee
- —
- Royalty
- —
- Units open
- 2,600
- Net worth required
- $3,000,000+
- Headquarters
- New Hampshire
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About Planet Fitness
Planet Fitness is a hospitality franchise opportunity headquartered in New Hampshire. Compare Planet Fitness alongside other hospitality franchise opportunities to evaluate unit economics, ramp curves, and territory availability before requesting a Franchise Disclosure Document.
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Planet Fitness franchise — frequently asked questions
How much does it cost to open a Planet Fitness franchise?+
Total initial investment for a Planet Fitness franchise typically ranges from $1,515,000 to $5,141,000, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Planet Fitness charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Planet Fitness franchise?+
No prior industry experience is required. Planet Fitness provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Planet Fitness location?+
From signed franchise agreement to grand opening, most Planet Fitness franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Planet Fitness franchisees?+
Planet Fitness is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.