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Detailed Metrics

Detailed Franchise metrics for Planet FitnessVetted Biz has reviewed detailed Franchise Metrics for Planet Fitness. You can find the available detailed metrics for Planet Fitness below.

U.S. Corporate Units

74

Transfer Rate

Why is the System Transfer Rate important?

The System Transfer Rate represents all franchise unit transfers relative to the total number of franchise units. A lower transfer rate and lower overall transfers indicates a more robust and stable franchise system.

Rate (%) Number of Transfers (#)
2016 9.8% 121
2017 15.3% 217
2018 15.5% 250
3-year 49.6% 912
Closure Rate

Why is the Closure Rate important?

The Closure Rate represents franchise unit terminations and non-renewals in a given year relative to the total number of franchise units. A lower closure rate, overall terminations, and non-renewals indicate a more stable franchise system.

Rate (%) Number of Closures (Terminations, Non-Renewals, Ceased Operations) (#)
2016 0.5% 6
2017 0.4% 6
2018 0.3% 5
3-year 0.7% 13
Growth Rate

Why is the Growth Rate important?

The Growth Rate is the percentage change of total franchise units from one year to the next. A higher Growth Rate signifies an expanding franchise system.


Rate (%) Number of Openings (#)
2016 17.1% 186
2017 15.2% 194
2018 13.8% 211
3-year 14.2% 644
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Stability Rate

Why is the Stability Rate important?

The Stability Rate demonstrates how stable the franchise system was at the end of the year relative to total existing and new franchise units. A higher Stability Rate indicates a franchise system that is more likely to succeed as more franchise units remain in the system.

Rate (%) Number of Franchise Units at the End of the Year(#)
2016 99.5% 1233
2017 99.6% 1421
2018 99.1% 1617
3-year 97.9% 1838
Exit Rate

Why is the Exit Rate important?

The Exit Rate represents the percentage of closures and terminations that happened in a given year. A higher Exit Rate is a negative indicator and should be investigated further in order to understand if there are any potential issues with the system as a whole.

Rate (%) Number of Closures & Transfers (#)
2016 10.7% 127
2017 16.4% 223
2018 15.8% 245
3-year 19.4% 899