Planet Fitness Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Planet Fitness fits first-time franchise buyers looking for a mature fitness concept.

✓ Strengths

⚠ Risks to review

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$1.3M - $5.4M

Franchise fee (Item 5)

$40K

Royalty (Item 6)

7% + 2% ad

Item 19 median rev

$1.86M franchised units - middle third

System size (Item 20)

2,432 +141

Years in business

8+ yrs

Company-owned units

270

Item 3 litigation

5 suits

Model Planet Fitness's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Buyer qualifications

✓Financing available•No exclusive territory•Owner-operator required✓No bankruptcy disclosed•5 Item 3 cases

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

Item 19 revenue distribution

Where units actually land — not just the headline average.

P25

$1.6M

Median

$1.86M

P75

$2.17M

▪ n = 2,291 units · franchised units - middle third · fiscal year 2025 · Source: 2026 FDD Item 19

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 7% + ad fund 2% on gross sales.

PROJECTED ANNUAL SALES$1,860,000

$100k$3.4M

Royalty (7%)

Ad fund (2%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

2,568

Total units open

113

Units opened last year

2

Units closed last year

113

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

5

Risks to review

4

Strengths identified

5

Questions to ask

Industry Benchmarks

How Planet Fitness ranks against 156 Fitness & Wellness peers we've analyzed.

Initial investment

94th pct · of 156 peers

Franchise fee

23rd pct · of 156 peers

System size

98th pct · of 156 peers

Fitness & Wellness industry averages

Avg investment

$434K - $1.0M

Avg franchise fee

$48K

Avg system size

158

Franchises analyzed

156

How Planet Fitness stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Planet Fitness Disclosed $40K $1.3M - $5.4M 7% 2,432
CrunchSimilar price Disclosed $35K $2.1M - $5.4M 5% 481
JazzerciseBiggest system Disclosed $1K $2K - $3K 20% 5,092
Next HealthTop-rated in category Disclosed $80K $1.7M - $2.3M 9% 5

Compare side-by-side ↗

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Frequently Asked Questions

How much does a Planet Fitness franchise cost?

Planet Fitness requires a $40,000 initial franchise fee and a total initial investment range of $1,282,500–$5,386,000, per the most recent FDD on file.

Who owns Planet Fitness?

Planet Fitness franchises are sold by Planet Fitness Franchising LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.

Does Planet Fitness disclose financial performance (Item 19)?

Yes. Planet Fitness discloses Item 19 financial performance representations with reported revenue around $1,863,300. See the financials sub-page for the full distribution.

What ongoing fees does Planet Fitness charge?

Franchisees pay a royalty of 7% of total gross monthly and annual membership fees and an advertising fund contribution of 2% on gross sales as defined in Item 6 of the FDD.

How many Planet Fitness locations are there?

As of their 2026 FDD, Planet Fitness has 2,432 total locations, with 141 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

Does Planet Fitness grant exclusive territory?

No. Planet Fitness does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.

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