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Planet Fitness franchise

Planet Fitness is a low-cost gym chain with large clubs full of cardio and strength equipment, low monthly memberships and its "Judgement Free Zone" positioning. Clubs are big, high-volume operations, so franchisees usually open several in a territory. At the end of 2025 there were 2,709 Planet Fitness locations in the US, 2,432 franchised and 277 company-owned.

Cost to open
$1.28M–$5.39M
Franchise fee
$40,000
Royalty
7%
Locations, 2025
2,709+350 in 3 yrs

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Company snapshot

Franchisor based in
Hampton, New Hampshire
Time to open
Must open within 360 days of signing (480 for a new build)
Agreement length
12 years
Territory
No exclusive territory
Financing
None offered

From Planet Fitness Franchising LLC’s 2026 filing.

How much a Planet Fitness franchise costs

Opening a single Planet Fitness club, excluding real estate costs an estimated $1,282,500 to $5,386,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.

Source: Planet Fitness Franchising LLC, 2026 filing, page 31

Planet Fitness franchise fee

The franchise fee is $40,000, per club, plus a $10,000 area development fee per club under a development agreement. You pay it when you sign the franchise agreement.

Source: Planet Fitness Franchising LLC, 2026 filing, page 18

Royalty and ongoing fees

Royalty7% of monthly and annual membership fees, plus 20% of each new member's join fee, paid monthly.
Brand or marketing fund2% of gross sales

Source: Planet Fitness Franchising LLC, 2026 filing, page 19

Sales and earnings

Shares figures Planet Fitness publishes sales or earnings figures for its locations: it reports 2025 membership (EFT) revenue for clubs open all year, split into thirds. The full tables, with notes on which locations are counted, are in its filing.

Source: Planet Fitness Franchising LLC, 2026 filing, page 83

Locations opened and closed

364 opened
14 closed or left
Franchised locations, last 3 years
2023
123 opened4 closed or left
2,201 (+119)
2024
100 opened3 closed or left
2,298 (+97)
2025
141 opened7 closed or left
2,432 (+134)
YearFranchisedCompany-ownedClosed
20232,201 (+119)2544
20242,298 (+97)2703
20252,432 (+134)2777

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

Source: Planet Fitness Franchising LLC, 2026 filing, page 91

Source filing (2026, PDF)

How Planet Fitness compares

Of the 5 gym franchises on this site, Planet Fitness is the 4th cheapest to open and the largest by number of locations.

MeasurePlanet FitnessTypical gym
Cost to open, low end$1.28M$555K
Royalty7%6%
Closed or left per year0.2%3%
Change in franchised locations, 3 yrs+16.8%−2%
Shares earnings figuresYes4 of 5

Typical is the median across the 5 brands in gym franchises.

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Planet Fitness franchise questions

How long does it take to open a Planet Fitness?

Must open within 360 days of signing (480 for a new build), according to Planet Fitness's 2026 filing. Finding a site, permits and build-out are what usually stretch it.

Does Planet Fitness help with financing?

No. Planet Fitness does not offer financing or guarantee loans or leases, so buyers arrange their own, usually a bank or SBA loan.

Do Planet Fitness franchisees get a protected territory?

No. Planet Fitness grants the right to run one location but no exclusive area, so another Planet Fitness can open nearby.

How long is a Planet Fitness franchise agreement?

The initial term is 12 years. Renewal is usually possible if you're in good standing, often for a fee and a remodel.

Is Planet Fitness growing or shrinking?

Over the last 3 years 364 franchised locations opened and 14 closed or left, a net change of +16.8%. About 0.2% of locations closed or left each year. That is below the 3% typical for gym franchises.

How does Planet Fitness compare with other gym franchises?

Of the 5 gym franchises here, Planet Fitness is the 4th cheapest to open (low end $1.28M against a $555K median) and the largest by number of locations. Its 7% royalty is above the 6% median.

Does Planet Fitness say how much franchisees make?

Yes: it reports 2025 membership (EFT) revenue for clubs open all year, split into thirds. Your results can differ; the filing explains which locations are counted.

Where is Planet Fitness based?

Planet Fitness Franchising LLC is based in Hampton, New Hampshire.