Will Big Tobacco become Big Marijuana? DENVER â While federal law makes their entire industry illegal, many marijuana store owners, growers and retailers fear something completely different: Big Tobacco. Today, most legal recreational marijuana.
Legal Disclaimer: This information is not a franchise offering for Planet Fitness and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data.
Planet Fitnessâs franchise fee is $10,000 for a 10-year renewable agreement, though the total investment ranges from $700,000 to $3.8 Million. Franchisees must also pay a 5% ongoing royalty fee on all sales to Planet Fitness. To open a gym, a franchisee must have of $3 million with $1,500,000 in liquid assets. To open an âareaâ (consisting of at least five gyms), a net worth of two million with $800,000 in liquid assets. Planet Fitness Business Opportunities: Other Information. Planet Fitness reaches out to its customers by having a Pizza Night on the first Monday of each month, a Bagel Morning on the second Tuesday, and complimentary Tootsie Rolls are available constantly.