- 1 How do gyms like Planet Fitness make any money?
- 2 Who is the owner of Planet Fitness?
- 3 Who founded Planet Fitness?
- 4 How much is Planet Fitness worth?
- 5 Who owns the most Planet Fitness?
- 6 Who sold Planet Fitness?
- 7 How many Planet Fitness locations are corporate owned?
- 8 Who is CEO of Planet Fitness?
- 9 Is Planet Fitness being bought out?
- 10 Can you buy a Planet Fitness franchise?
- 11 How do Planet Fitness make money?
- 12 Who founded Planet Fitness?
- 13 What is Planet Fitness net worth?
- 14 Is Planet Fitness a corporation?
- 15 What company owns Gold’s Gym?
- 16 Who is Victor Brick?
- 17 Planet Fitness Franchisee ECP-PF Holdings Acquires 9 More ..
- 18 National Fitness Partners Acquires 12 Clubs from Planet ..
- 19 Planet Fitness – Wikipedia
- 20 Planet Fitness Franchisee National Fitness Partners Grows ..
- 21 Planet Fitness Franchise Owners Contact List ..
- 22 Who owns Planet Fitness? Here’s why socially-distanced ..
- 23 Planet Fitness Inc. – Investors – Corporate Governance ..
- 24 Who is Justin Vartanian?
- 25 Who is Kathy Gentilozzi?
- 26 Who is Dorvin Lively?
- 27 Who is Tom Fitzgerald?
- 28 Who is Ray Miolla?
- 29 Who is Sherrill Kaplan?
- 30 Who is McCall Gosselin?
- 31 Overview
- 32 History
- 33 Franchises
- 34 Statistics and international expansion
- 35 Sponsorships
- 36 External links
How do gyms like Planet Fitness make any money?
Jan 01, 2021 · In 2002, Michael Grondahl bought the Planet Fitness trademark from Rick Berks. The company is majority-owned by private-equity firm TSG Consumer Partners which became …
Who is the owner of Planet Fitness?
Jan 19, 2022 · Is Crunch the owner of Planet Fitness? Jorge Roldan, cEO of Team Roldan, lLC, signed the deal. Roldan is a fitness franchising guru who most recently established, owned, …
Who founded Planet Fitness?
Jun 03, 2018 · Planet Fitness was started in Dover, New Hampshire, by Michael and Marc Grondahl who bought a failing Gold’s Gym in 1992. There was little to distinguish it from its …
How much is Planet Fitness worth?
Posted: (11 days ago) In 1992, Planet Fitness founders, Michael and Marc Grondahl acquired a struggling Gold’s Gym franchise in Dover, New Hampshire. They eventually closed that original …
Who owns the most Planet Fitness?
Institutional investors purchased a net $1.1 million shares of PLNT during the quarter ended June 2019 and now own 103.42% of the total shares outstanding.
Who sold Planet Fitness?
How many Planet Fitness locations are corporate owned?
Who is CEO of Planet Fitness?
Is Planet Fitness being bought out?
Can you buy a Planet Fitness franchise?
How do Planet Fitness make money?
Who founded Planet Fitness?
What is Planet Fitness net worth?
Is Planet Fitness a corporation?
|A Planet Fitness location in Cincinnati, Ohio|
|Traded as||NYSE: PLNT (Class A) Russell 1000 component|
What company owns Gold’s Gym?
Who is Victor Brick?
Planet Fitness Franchisee ECP-PF Holdings Acquires 9 More ..
Posted: (6 days ago) Sep 12, 2019 · Connecticut-based ECP-PF Holdings Group Inc., founded in 2012, owns more than 100 Planet Fitness clubs across multiple states, including 28 in Connecticut.
National Fitness Partners Acquires 12 Clubs from Planet ..
Posted: (9 days ago) HARRISBURG, PA, CHARLOTTE, NC & ATLANTA, GA – May 17, 2017 – Argonne Capital Group, LLC (“Argonne Capital” or “Argonne”) today announced that its portfolio company, National Fitness Partners (“NFP” or the “Company”), has acquired 12 Planet Fitness clubs operating in the Charlotte, NC metro area from GNT Holdings, LLC (“GNT”).
Planet Fitness – Wikipedia
Posted: (8 days ago) Michael Grondahl bought the Planet Fitness trademark from Rick Berks in 2002. Rick Berks had started his own Planet Fitness gym in 1993 in Sunrise, Florida, and eventually expanded it to three clubs. A former Broward Sheriff’s Office detective, he owned and operated a Gold’s Gym franchise.
Planet Fitness Franchisee National Fitness Partners Grows ..
Posted: (7 days ago) Jan 22, 2021 · National Fitness Partners recently acquired 16 Planet Fitness clubs in Ohio and Pennsylvania.
Planet Fitness Franchise Owners Contact List ..
Posted: (8 days ago) Jun 26, 2015 · We offer the most complete and most accurate mailing/telemarketing list for Planet Fitness franchise owners. Annually Updated with New Owners of Planet Fitness Locations in the USA. Accuracy of all Franchise Complaints Contact Data is Verified …
Posted: (7 days ago) Jan 01, 2021 · Who owns Planet Fitness? Michael and Marc Grondahl acquired a struggling Gold’s Gym franchise in Dover, New Hampshire, in 1992 and founded Planet Fitness in 1994 after current CEO Chris Rondeau joined as the third partner. In 2002, Michael Grondahl bought the Planet Fitness trademark from Rick Berks.
Planet Fitness Inc. – Investors – Corporate Governance ..
Posted: (7 days ago) Under Rondeau’s leadership, Planet Fitness has experienced tremendous growth and has been recognized for many accolades including, Entrepreneur Franchise 500 – Fastest Growing Franchise List, Franchise Times’ Top 200, Forbes’ America’s Best Franchises, Newsweek Best Customer Service, and Best Places to Work in New Hampshire.
Who is Justin Vartanian?
Justin Vartanian serves as our General Counsel and has been with the company since March of 2014. Mr. Vartanian played a critical role in the Company’s initial public offering in August of 2015 and has since overseen all public company, corporate governance and franchising matters as a key member of the company’s leadership team. Prior to joining Planet Fitness, Mr. Vartanian was a corporate attorney at Devine Millimet. He also currently serves on the Board of Directors of the NH/VT/ME Region of the American Red Cross and the Business & Industry Association of New Hampshire.
Who is Kathy Gentilozzi?
Kathy Gentilozzi joined Planet Fitness in 2019 as the Company’s Chief People Officer. In this role, she oversees general HR operations, talent acquisition, leadership development, business partner support, culture and employee engagement, benefits and compensation. Ms. Gentilozzi has more than 30 years of Human Resources leadership experience at national retail brands, most recently serving as Executive Vice President of Human Resources at FULLBEAUTY Brands where she led all HR initiatives to support 2,000 associates. Prior to that, Ms. Gentilozzi served as Senior Vice President of Human Resources at Aéropostale, supporting over 25,000 employees in 1,000 retail locations throughout the U.S., Canada, and Puerto Rico. She also served as Senior Vice President of Human Resources at Macy’s Inc., and has held various leadership positions at The May Department Store Company, including corporate and division roles. Ms. Gentilozzi is a certified Senior Professional in Human Resources (SPHR). She received her Bachelor’s degree from Eastern Connecticut State University.
Who is Dorvin Lively?
Dorvin Lively joined Planet Fitness in July 2013 and currently serves as our President, previously serving as our Chief Financial Officer and President. Mr. Lively, a 30-year veteran of corporate finance for various retail and consumer-products companies, leads our finance, treasury, financial planning and supply chain functions, and oversees strategic and long-term planning. Prior to joining Planet Fitness, from August 2011 to July 2013, Mr. Lively served as Executive Vice President, Chief Financial Officer, interim Chief Executive Officer and Chief Administrative Officer for RadioShack Corporation. In these positions, Mr. Lively led the company’s finance, treasury, financial planning, investor relations, supply chain, and dealer franchise functions. Prior to RadioShack, Mr. Lively served as Chief Financial Officer at Ace Hardware Corp. His experience also includes previous positions at Maidenform Brands, Toys R Us, The Reader’s Digest Association, and Pepsi-Cola International. Mr. Lively is a Certified Public Accountant (Inactive) and received his Bachelor’s Degree from the University of Arkansas.
Who is Tom Fitzgerald?
Tom Fitzgerald joined Planet Fitness in 2020 as the Company’s Chief Financial Officer. In this role, he is responsible for all aspects of financial strategy and management. Mr. Fitzgerald has over 30 years of leadership experience in financial management in the retail industry, most recently serving as Chief Financial Officer and Senior Vice President at Potbelly Sandwich Works. Prior to Potbelly, he served in varying executive roles at Charming Charlie Inc. including President and Chief Financial Officer, and Chief Administrative Officer. Previously, Mr. Fitzgerald served as Chief Administrative Officer of Sears Canada. Additionally, he held several leadership positions at Liz Claiborne, was Chief Financial Officer at Burlington Coat Factory, and served as Chief Operating Officer of Bath & Body Works. Mr. Fitzgerald began his career at PepsiCo, where he held various leadership roles in finance and planning. Mr. Fitzgerald holds an MBA in Finance from Indiana University Kelley School of Business and received his Bachelor’s degree in Finance from the University of Florida.
Who is Ray Miolla?
With more than 20 years of experience in real estate and development, Mr. Miolla most recently served as Senior Vice President, Global Real Estate, Store Development and Franchise Services at Gap, Inc., responsible for all brands including Gap, Banana Republic, Old Navy, Athleta and outlet stores. While at Gap, Inc., he opened more than 150 new stores annually worldwide and grew the franchise business to more than 400 locations in over 40 countries. He previously served as Vice President, Real Estate, Franchise and Business Development for Jamba Juice and also spent nearly a decade with Burger King, eventually overseeing more than 1,700 franchise locations and staff in all major operating areas. Mr. Miolla received his Bachelor’s degree from Middlebury College and his J.D. from Boston University School of Law.
Who is Sherrill Kaplan?
Sherrill Kaplan joined Planet Fitness in June 2021 as Chief Digital Officer. In this role, she is responsible for driving our digital vision and strategy, including leading the continuous enhancement of our mobile app, with a focus on consumer engagement, loyalty and a differentiated omni-channel experience to accelerate Planet Fitness’ growth and success. Ms. Kaplan has over 20 years of experience, most recently serving as Global Marketing Operations Advisor for Advent International, a global private equity firm. Previously, she served as Head of Marketing and Sales for Zipcar, the world’s leading car-sharing network, where she was a key member of the executive leadership team responsible for demand and revenue generation and all marketing functions. Prior to that, she served as the Vice President of Digital Marketing & Innovation at Dunkin’ Brands where she was responsible for developing and marketing Dunkin’s digital platforms, including the DD Mobile app and the DD Perks loyalty program. Earlier in her career, Ms. Kaplan held several digital and marketing leadership roles at global brands including American Express and Citi, Inc. She serves as an independent member of the Fiesta Restaurant Group Board of Directors, as well as the Massachusetts Innovation & Technology Exchange (MITX). Ms. Kaplan holds a B.S. from Boston University and an M.B.A. from the University of Denver, Daniels College of Business.
Who is McCall Gosselin?
McCall Gosselin joined Planet Fitness in January 2013 and currently serves as SVP of Communications and Corporate Social Responsibility. In this role, she is responsible for all aspects of the company’s internal and external communications, including public relations, crisis management, executive communications, philanthropy, community relations and sustainability. Prior to Planet Fitness, Ms. Gosselin worked at Dunkin’ Brands on the global public relations team. Prior to Dunkin’, she worked at various communications agencies in both Boston and Washington, DC on behalf of various leading retail brands. Ms. Gosselin was named a Top Woman in PR by PR News in 2020. She received her Bachelor’s degree in Public Communications from American University in Washington, DC, and currently serves on the Board of Directors for the Boys & Girls Clubs of Manchester, NH.
In 1992, Planet Fitness founders, Michael and Marc Grondahl acquired a struggling Gold’s Gym franchise in Dover, New Hampshire. They eventually closed that original location, and brought on a third partner, current CEO Chris Rondeau. In 2002, they purchased the rights to the name Planet Fitness from Rick Berks and renamed their franchise.
Berks had started his own Planet Fitness gym in 1993 in Sunrise, Florida, and eventually expande…
Planet Fitness started franchising units in 2003. According to Franchise Direct, the initial franchise fee is $20,000, while the area development fee is $10,000. The royalty fee for a Planet Fitness is 7% of the total gross monthly and annual membership fees.
The net worth requirement for a Planet Fitness franchise is $3,000,000, while the liquid cash requirement is $1,500,000.
Statistics and international expansion
The company reports that as of 2019, there are 80 corporate-owned gyms, the rest independently owned and operated.
The club’s two membership levels are $10 and $22.99 per month: the $10 per month level includes access to cardio and strength equipment, unlimited group fitness instruction and pizza and bagels once a month; the $22.99 per month (“Black Card”) level allows members to bring on…
In October 2011, Planet Fitness reached an agreement with NBC to sponsor the network’s reality show, The Biggest Loser beginning with the 2012 season. The contestants on the show worked out on Planet Fitness equipment and then at Planet Fitness gyms near their homes, working with Planet Fitness instructors.
In March 2013, Planet Fitness partnered with 50 Cent to sell his energy drink “Street King”.
• Official website