How much does it cost to open a Planet Fitness?
Estimate the all-in cost to open a Planet Fitness, from the initial franchise fee and the leasehold improvements to the cardio and strength equipment, the rubber flooring, the locker rooms and showers, the HVAC upgrade, the tanning and recovery rooms, the signage, the technology and access control, the pre-sale marketing, the training and the working-capital cushion. See the total, a realistic range, and what each part adds.
Typical range $1,659,000 – $3,436,500
- Initial franchise fee$20,000
- Leasehold improvements$900,000
- Cardio & strength equipment$500,000
- Rubber flooring & turf$90,000
- Locker rooms & showers$150,000
- HVAC & ventilation upgrade$110,000
- Tanning, recovery & amenity rooms$80,000
- Signage & branding$45,000
- Technology, access control & security$60,000
- Pre-sale & grand-opening marketing$50,000
- Training, permits & professional fees$35,000
- Working-capital buffer$330,000
- Total$2,370,000
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$1,000,000 to $2,500,000 all-in is a typical club: a retail box converted to a gym, new locker rooms, added rooftop tonnage, a full equipment package and an opening with a proper reserve. Finance the project and run a franchise-grade back office from day one.
What this assumes, and where it could be wrong
Every one of these is a place the number could be off. They are here because you should be able to check our working, not because we are hedging.
THE FRANCHISE FEE IS NOT THE COST OF THE FRANCHISE, AND EVERY NUMBER HERE IS YOURS.
The equipment package is the line that decides the project. A floor of cardio and a full strength circuit is the biggest single cost in a big-box gym, larger than the build-out in many shells, and it is usually financed or leased rather than paid in cash. That changes the shape of the number: a lease lowers what you need at signing and raises the monthly operating cost you enter above. Price the package both ways before you decide which total you are actually planning against.
The shell you lease decides the build-out more than the square footage does. A former grocery or big-box retail bay with clear height, three-phase power and a loading door is a friendly starting point, while a space that needs new plumbing runs for two locker rooms, added rooftop tonnage and a reworked slab is a different project at the same size. Get the build rate from contractors who have seen the actual space, and read what the landlord is contributing as a tenant improvement allowance, since that allowance can move the total by a large margin.
A gym loads the building harder than the use it was designed for. Hundreds of people working out add heat, humidity and air-change requirements, showers add water heating and drainage, and heavy racks add point loads on the slab. Those upgrades are inspected work, and the local building department and health code set what passes. Approvals also set your opening date, so a permit delay costs rent before it costs anything else.
Ongoing fees and the ramp sit outside this number. A franchise agreement usually carries a royalty and an advertising contribution, and a low-dues model needs a large member count to cover rent and payroll. The pre-sale campaign exists to start that count before the doors open, and the reserve here is sized from your own monthly operating cost. Running short of the cushion during the ramp is a common way a well-built club gets into trouble.
