PLANET FITNESS RANKED AMONG THE TOP FRANCHISES IN ENTREPRENEUR’S HIGHLY COMPETITIVE FRANCHISE 500®

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Model ranked #28 total, and #1 in Health Class for fifth 12 months in a row

HAMPTON, N.H., Jan. 20, 2023 /PRNewswire/ — Planet Health, one of many largest and fastest-growing franchisors and operators of health facilities with extra members than every other health model, at this time introduced it has been acknowledged as one of many high franchises in Entrepreneur‘s Franchise 500®, the world’s first, greatest, and most complete franchise rating. Of the greater than 1,000 manufacturers that have been thought-about and 500 that have been acknowledged, Planet Health ranked #28 total and #1 within the health class for the fifth 12 months in a row for its excessive efficiency in areas together with retailer development, monetary power and stability, and model energy. Inclusion in Entrepreneur‘s Franchise 500® is extremely sought-after within the franchise business.

“We’re thrilled to be acknowledged in Entrepreneur’s Franchise 500® rating and are notably proud to steer the business within the health class for the fifth consecutive 12 months. This rating is a real testomony to the model’s power, class management, continued development, and our mission to democratize health and get the 80% of shoppers and not using a health club membership off the sofa and transferring,” mentioned Chris Rondeau, Chief Government Officer of Planet Health. “None of this might be doable with out our hardworking staff members and devoted franchisees, who’re enthusiastic about serving to folks enhance their lives via well being and wellness.”

In Entrepreneur‘s persevering with effort to greatest perceive and consider the ever-changing franchise market, the corporate’s 44-year-old rating method continues to evolve as nicely. Every franchise is given a cumulative rating primarily based on an evaluation of greater than 150 information factors, and the five hundred franchises with the best cumulative scores turn into the Franchise 500® in rating order.  

“The previous 12 months underscores the extraordinary alternatives that the franchise business presents for entrepreneurs of all ranges,” says Entrepreneur editor in chief Jason Feifer. “The businesses named to our forty fourth annual Franchise 500 rating signify a number of the most revolutionary, inventive, and trusted manufacturers throughout many industries and spotlight what it takes to construct the sort of momentum that drives long-lasting success.”

As of December 31, 2022, Planet Health had roughly 17.0 million members, a rise of 1.8 million members because the finish of 2021. In 2022, it positioned gear in 154 new franchised areas and opened 158 new shops together with 14 corporate-owned areas, bringing system-wide whole shops to 2,410.

Go to www.entrepreneur.com/franchise500 to view the total rating, which can be seen within the January/February 2023 challenge of Entrepreneur, out there on newsstands January 17th.

About Planet Health

Based in 1992 in Dover, NH, Planet Health is among the largest and fastest-growing franchisors and operators of health facilities in america by variety of members and areas. As of December 31, 2022, Planet Health had roughly 17.0 million members and a couple of,410 shops in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia. The Firm’s mission is to boost folks’s lives by offering a high-quality health expertise in a welcoming, non-intimidating surroundings, which we name the Judgement Free Zone®. Roughly 90 % of Planet Health shops are owned and operated by unbiased enterprise women and men.

SOURCE Planet Health, Inc.



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