Planet Fitness franchise for sale
Buying an already open Planet Fitness franchise for sale means you purchase it from its current owner. Planet Fitness must approve you before the sale can close.
Buying a Planet Fitness franchise from its owner
- Fee for the transfer
- $10,000, and Planet Fitness's out-of-pocket expenses on top. Item 6, 2026 FDD
- In 2025, these units were sold to new owners
- 71; 2023: 100. 2024: 270.; That share equals 2.9% of the total 2,432 franchised units. Item 20, 2026 FDD
- It can be bought first by Planet Fitness
- Yes.Your offer sets the terms of a right of first refusal. Item 17, 2026 FDD
- Signing by you
- You sign the agreement now in effect, not terms the seller used previously. Item 17, 2026 FDD
- Instead, a new Planet Fitness
- Opening a new one costs $1,282,500 to $5,386,000 in total. Item 7, 2026 FDD
What Planet Fitness asks before giving sale approval
- The buyer has to satisfy the franchisor's requirements for character, suitability and finances.
- The franchise application and initial training must be completed by the buyer.
- The then-current franchise agreement must be signed by the buyer.
- In some cases, the buyer has to agree to certain updates plus a remodel of the business.
- All amounts owed must be paid by the seller, who must also provide the material terms of the transfer.
- A $10,000 transfer fee is due from the seller, unless the transfer involves an ownership interest of 5% or less.
- The seller has to sign a general release and consent to the confidentiality and non-compete covenants.
- Any security interest in the business must be subordinated by the seller to the franchisor's right to payment.
Sales of Planet Fitness units to new owners
| Year | Units transferred |
|---|---|
| 2023 | 100 |
| 2024 | 270 |
| 2025 | 71 |
Item 20 of the FDD gives these counts and names the owners who sold or left during the past year, along with their contact details. Before you make an offer, call a few of them.
Where to find a Planet Fitness franchise for sale
Units on the market aren't listed in the FDD. Business brokers and listing sites are how owners sell, so ask Planet Fitness's franchise team as well whether an owner close to you is selling.
The price is set by the seller. Weigh the asking price against $1,282,500 to $5,386,000 to open a new Planet Fitness, and request profit and loss statements for three years.
Planet Fitness Franchising LLC filed the 2026 Planet Fitness Franchise Disclosure Document with the Minnesota Department of Commerce. Every figure shown comes from Items 6, 17 and 20 in that document.
Other franchises available for sale
Buying a Planet Fitness franchise from its owner?
One franchise attorney can check the transfer terms and the agreement you would take over. Send your details and they will contact you.
