FAQ: Where Did Planet Fitness Start?

How did Planet Fitness start?

Planet Fitness was started in Dover, New Hampshire, by Michael and Marc Grondahl who bought a failing Gold’s Gym in 1992. One of its early members was Chris Rondeau, a student at the University of New Hampshire whose business experience had been limited to helping out at his father’s chain of New England drug stores.

What is the parent company of Planet Fitness?

Planet Fitness offers a chain of gyms and standard memberships for $10 a month. It says it has more than 7 million members and is “one of the fastest-growing health club franchises in the U.S.” The company is majority owned by private-equity firm TSG Consumer Partners.

Why did Planet Fitness charge me $40?

The $40 fee that you pay mid-way through your membership is your annual fee which goes towards new equipment and repairs!

Should I get a Planet Fitness membership?

If you are just starting and looking for a gym with decent equipment, at a lower monthly membership fee, aiming to lose weight through cardio and light training or just want to put in some light workout every day to keep yourself active and fit, then the Planet Fitness is definitely good for you.

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Is Planet Smoothie owned by Planet Fitness?

Planet Smoothie is the third largest American chain of smoothie stores serving smoothies. Planet Smoothie.

Type Private (franchise)
Parent Kahala Brands
Website planetsmoothie.com

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Who is Planet Fitness competitors?

Planet Fitness competitors include Rite Aid, ClassPass, LA Fitness and ANYTIME.

Do Planet Fitness have saunas?

Planet Fitness doesn’t have a sauna or steam room in most of their gyms because of their focus on maintaining low membership prices. There’s also a segment on the gyms to look at if you want to facilities like saunas and steam rooms.

What gym has the most locations?

Anytime Fitness: This is my top pick for gym chains for travelers. You’ll have access to more than 3,000 locations worldwide, more than any other chain.

Who bought Planet Fitness?

Planet Fitness multi-unit operator National Fitness Partners (NFP) is acquiring 16 Planet Fitness clubs, including 15 locations in the greater Cleveland and Akron-Canton, Ohio markets and one location in central Pennsylvania.

What is the cheapest gym to join?

For those that want to keep up with their exercise or training, here are a few inexpensive choices for affordable gym memberships.

  • LA Fitness.
  • Planet Fitness.
  • Life Time Fitness.
  • Cardinal Fitness.
  • 24 Hour Fitness.
  • Gold’s Gym.
  • Lucille Roberts.
  • The Local YMCA.

How much is cancellation fee at Planet Fitness?

Planet Fitness Monthly Membership Prices
Planet Fitness One Club Access (No Commitment)
Annual Fee (One Person) (All-Club Access) $39.00
Monthly Fee (One Person) (All-Club Access) $19.99
Cancellation Fee (One Person) (All-Club Access) $0.00

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Why is Planet Fitness so successful?

” Planet Fitness is exceptionally competitive because of its national footprint and growing awareness of its different approach to the market aimed at non-gymgoers,” Cowen & Co. analyst Oliver Chen told IBD.

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