Question 1

Does Planet Fitness franchise offer exclusive territory?

Accepted Answer

Planet Fitness offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the Planet Fitness franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Planet Fitness is 12 years. The total potential term is 12 years.

Question 3

What is the non-compete clause for Planet Fitness franchise?

Accepted Answer

The Planet Fitness franchise non-compete clause extends for 2 years within a 15-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Planet Fitness franchise?

Accepted Answer

Yes, Planet Fitness allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $10,000 applies.