RetailTenant
Planet Fitness (PFIP, LLC)

Actively expanding in all states

About the Company

Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of September 30, 2019, Planet Fitness had more than 14.1 million members and 1,899 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama and Mexico. The Company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which it calls the Judgement Free Zone®. More than 95% of Planet Fitness stores are owned and operated by independent business men and women.

Last updated: March 30, 2020

Current Locations
1,800
Franchised
HQ Address
26 Fox Run Road , Newington, NH
Website

Expansion Plans

Large site require a minimum of 120 parking spaces and range fro 15,000 - 20,000 SF and Smaller sites need at least 80 parking spaces and are less than 12,000 SF. What planet fitness looks for : 12,000 to 25,000 SF in small market, suburban, and urban densities. Free standing retail buildings or neighborhood shopping centers. Contiguous and multi-level floor space. Minimum ceiling height of 14 feet bottom of truss. 100 lb. PSF minimum floor load. Access to parking and public transit. Total Square Footage Preferred: 15,000 – 30,000 SF Frontage Preferred: 70’ Type of Real Estate Preferred: Vanilla Box, Build to Suit, Ground Up

Desired size
15,000 to 25,000 sq ft
12 Month Expansion Plans
100
24 Month Expansion Plans
200
Currently in
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington D.C., West Virginia, Wisconsin, Wyoming
Expanding in
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington D.C., West Virginia, Wisconsin, Wyoming
Demographic Range
5 miles
Min Population
25,000
Min Income
$35,000
Demographic Notes
HH Income: $35000-$75000. Clubs thrive in a range of demographic areas. Large sites need a population of at least 60,000 in a 5 mile radius and Smaller sites need a population or at least 25,000 in a 5 mile radius. Mid-Low Income 20 Minute Drive Time Population of 25,000 or more.
Preferred Cotenants
Grocery

 

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