Franchise opportunities compared

    BFT Franchise SPV vs planet fitness

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    BFT Franchise SPV

    $509,836 – $1,204,045

    2025 FDD · Item 7

    planet fitness

    $1,282,500 – $5,386,000

    2026 FDD · Item 7 · PDF p. 31 · printed p. 24

    Initial franchise fee · Item 5

    BFT Franchise SPV

    Not available

    planet fitness

    Not available

    Royalty · Item 6

    BFT Franchise SPV

    7%

    2025 FDD · Item 6 · PDF p. 21

    planet fitness

    7% · percent of total gross monthly and annual membership fees payable via EFT Dues Draft

    2026 FDD · Item 6 · PDF p. 19 · printed p. 12

    Before you compare

    • BFT Franchise SPV figures come from its 2025 FDD and planet fitness figures from its 2026 FDD, so the years differ.
    • BFT Franchise SPV discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (BFT Franchise SPV: 31, planet fitness: 3). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    BFT Franchise SPV

    $509,836 – $1,204,045
    2025 FDD · Item 7

    planet fitness

    $1,282,500 – $5,386,000
    Total
    2026 FDD · Item 7 · PDF p. 31 · printed p. 24
    Standard initial franchise fee (Item 5)

    BFT Franchise SPV

    Not available
    No single standard fee identified

    planet fitness

    Not available
    No single standard fee identified
    Royalty (Item 6)

    BFT Franchise SPV

    7%
    Royalty
    2025 FDD · Item 6 · PDF p. 21

    planet fitness

    7% · percent of total gross monthly and annual membership fees payable via EFT Dues Draft
    Royalty
    2026 FDD · Item 6 · PDF p. 19 · printed p. 12
    Brand / advertising fund (Item 6)

    BFT Franchise SPV

    2%
    Brand Development Fund contribution — 2%
    2025 FDD · Item 6 · PDF p. 21

    planet fitness

    2% of eft dues draft; during 2026, 2% of eft dues draft plus 1% of monthly eft
    National Advertising Fund Fee
    2026 FDD · Item 6 · PDF p. 21 · printed p. 14

    System scale & health

    Total outlets (Item 20)

    BFT Franchise SPV

    49
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 76

    planet fitness

    2,709
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 91 · printed p. 84
    Net outlet change (Item 20)

    BFT Franchise SPV

    +47
    Calculated: 2 at end of 2022 → 49 at end of 2024

    planet fitness

    +254
    Calculated: 2,455 at end of 2023 → 2,709 at end of 2025
    Outlet exits (Item 20)

    BFT Franchise SPV

    Not available
    No complete exit records for a year

    planet fitness

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    BFT Franchise SPV

    Not available
    Not in reviewed records

    planet fitness

    2018
    2026 FDD · Item 1 · PDF p. 8
    Franchisor founded (Item 1)

    BFT Franchise SPV

    Not available
    Not in reviewed records

    planet fitness

    2018
    2026 FDD · Item 1 · PDF p. 8

    Financial performance (Item 19), by location group

    BFT Franchise SPV
    Locations counted not stated in the reviewed record — Second quartile of 29 Qualified Studios; U.S. franchise-owned studios open and…
    $387,262
    other 2nd Quartile
    2025 FDD · Item 19 · PDF p. 68
    Locations counted not stated in the reviewed record — 29 Qualified Studios (US franchise-owned), excludes Non-Traditional Sites
    239 members
    other 1st Quartile
    2025 FDD · Item 19 · PDF p. 69
    Locations counted not stated in the reviewed record — 29 Qualified Studios (US franchise-owned), excludes Non-Traditional Sites
    12 studios
    other Total
    2025 FDD · Item 19 · PDF p. 69
    +28 more groups in the full report
    PFplanet fitness
    Franchised (764 locations) — revenue
    $1,863,300
    other Annual EFT Revenue
    2026 FDD · Item 19 · PDF p. 83 · printed p. 76
    Franchised (763 locations) — revenue
    $2,705,811
    other Annual EFT Revenue
    2026 FDD · Item 19 · PDF p. 83 · printed p. 76
    Company-owned locations — other measures
    2.3 – 2,025 percent of gross membership EFT
    range Monthly declines and returns
    2026 FDD · Item 19 · PDF p. 87 · printed p. 80

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    BFT Franchise SPV vs planet fitness: common questions

    Which costs less to open, BFT Franchise SPV or planet fitness?
    BFT Franchise SPV: $509,836 – $1,204,045 (2025 FDD · Item 7); planet fitness: $1,282,500 – $5,386,000 (2026 FDD · Item 7 · PDF p. 31 · printed p. 24). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for BFT Franchise SPV. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do BFT Franchise SPV and planet fitness royalties compare?
    BFT Franchise SPV: 7% (2025 FDD · Item 6 · PDF p. 21); planet fitness: 7% · percent of total gross monthly and annual membership fees payable via EFT Dues Draft (2026 FDD · Item 6 · PDF p. 19 · printed p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, BFT Franchise SPV or planet fitness?
    BFT Franchise SPV: 49 (2025 FDD · Item 20 · PDF p. 76); planet fitness: 2,709 (2026 FDD · Item 20 · PDF p. 91 · printed p. 84). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do BFT Franchise SPV and planet fitness disclose financial performance (Item 19)?
    BFT Franchise SPV has reviewed Item 19 figures for 31 location groups; planet fitness has reviewed Item 19 figures for 3 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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