11 Fastest Growing Franchises in the US in 2018

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2. Planet Fitness

Company: Planet Fitness Inc (NYSE:PLNT)

Planet Fitness Inc (NYSE:PLNT) is one of the largest franchisors and operators of fitness centers in the US, although it also franchises a small number of locations in Canada, Panama, and the Dominican Republic. Overall, Planet Fitness Inc (NYSE:PLNT) has 1,518 stores system-wide, which includes 62 corporate-owned and has 1,000 locations that have to be opened under area development agreements (ADAs). In the US, Planet Fitness Inc (NYSE:PLNT) has 1,335 franchises as of last year, compared to 1,059 in 2016. The initial investment for a Planet Fitness franchise ranges from $857,000 to more than $4.23 million. There were 23 investors long Planet Fitness Inc (NYSE:PLNT) in our database as of the end of 2017, versus 25 funds at the end of September.

Pixabay/Public Domain

Pixabay/Public Domain

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